November 23, 2010 [RTT News] - Aegis Logistics, a leader in oil, gas and chemical logistics entered into a major deal with the APM Terminals Pipavav to avail on sub-lease close to 100 acres of land for building a global oil and petrochemicals storage complex. Both the companies announced this in a joint press conference.
Aegis would invest up to Rs.400 crore (EUR 67mln) in building a 600,000 m³ oil terminal complex in Port Pipavav. The facilities of Port Pipavav would service oil companies who wish to use the port for import and export of oil and petrochemical products.
