Singapore-based petrochemicals logistics services provider Hengyang has completed construction of 42 storage tanks and a petrochemical jetty at its Deqiao facility in the Jingjiang Petrochemical Industrial Zone in China's Jiangsu Province.
The company has now begun operations on phase one following a 240 million yuan (27.85 million) price tag.
The development increases its storage capacity by 126,000m3 to a total 224,000m3.
The entire Deqiao facility will be built in two phases, comprising 118 new storage tanks.
