Vitol Group completes
two expansion projects
Aug 11, 2009 12:01 PM
The Vitol Group announced the completion of two key projects in its storage and terminals business, VTTI (Vitol Tank Terminals International).
At the Vitco terminal, near Buenos Aires, Argentina, eight new tanks have been added, providing an additional 54,000 cubic meters of capacity to the existing 126,000 cubic meters of storage.
Meanwhile, at the ETA Eurotank terminal in Amsterdam, Netherlands, four new tanks have been added, providing an additional 150,000 cubic meters of capacity to the existing 1,250,000 cubic meters of storage. Plans for a further 75,000 cubic meters of capacity are also in place.
Both projects were completed on budget and within a few weeks of estimated project closure dates.
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