Yilport Holdings has acquired 100% shares in Solventas Technical Storage Company, Turkey’s largest liquid terminal.
Yilport Gebze Port and Solventas terminal will now be consolidated into the largest and most advanced liquid terminal, operational in Dilovasi District in the Gulf of Izmit.
The Solventas terminal is Yilport’s 23rd terminal. The handover is expected to start following the Turkish Competition Authority’s approval.
The merger will contribute to growth of the chemical industry in Turkey. The terminal is also significant as the first specialised port of Yilport Holding, exclusively dedicated to handling and storing chemicals and liquid cargo. The facility has 217 chemical tanks with a storage capacity of 333,000 m3. It serves tankers and vessels on two quays and stores and handles more than 70 types of products including chemicals and petrochemicals.
The consolidation of both facilities will form Yilport Dilovasi Liquid Terminal, with more than 300 tanks and more than 450,000 m3 of liquid storage.