October 1, 2012 [Royal Vopak] - Royal Vopak, Greenergy and Shell UK Limited have completed on Friday 28 September the purchase of the assets of the former Coryton refinery with PwC, administrator of Petroplus Refining & Marketing Limited. The transaction follows the earlier announcement by the consortium on 26 June 2012.
The three companies plan to develop and invest in this facility – to be named Thames Oil Port – to create a state-of-the-art import and distribution terminal for oil products to be managed by Vopak. The initial storage capacity will be around 500,000 cubic meters (cbm), with potential to expand to up to 1 million cbm in later stages.
