The purchase from De Rijke Group gives the Rotterdam terminal access to rail and truck loading facilities, more land, the capability to store low flash products, as well as barge jetties and warehouse capacity.
Rob Nijst, CEO of VTTI, while talking about the acquisition, said “When we announced last week our new partnership with MISC of Malaysia, we described it as allowing us to grow our terminal business even faster, in key trading locations. There is no better example of this growth than the plans that we have at Rotterdam, a key part of which is this acquisition today. Our ambition is to grow the Rotterdam terminal to over 1 million cubic metres of storage, with state of the art facilities, that provide customers with what they want, to the highest safety and environmental standards”.