As Europe becomes a net importer of chemical products, Standic is positioning itself to meet these growing supply chain needs with a new €200 million storage terminal in the Port of Antwerp
A global production shift is increasing specialty chemical flows into Europe’s ARA cluster, highlighting its importance as a regional hub for downstream chemical products.
As chemical production surges in the Middle East, with various projects announced for new production facilities in the region, as well as the game changing shale gas revolution in the US, Europe is shifting from exporting to importing specialty chemical products. With demand for supply chain logistics expected to increase as a result of these flourishing market conditions, Dutch tank storage company Standic has announced plans to build a new €200 million chemical storage terminal in the 5th Haven dock in the Port of Antwerp.
With an initial capacity of 95,000 m3, the terminal, which will have a total capacity of 230,000 m3 wil...