December 07, 2012 [Royal Vopak] - On December the 7th, Vopak hosted the 2012 Capital Markets Day in Rotterdam, the Netherlands.
During the Capital Markets Day, members of the Executive Board and other senior executives updated the financial community on selected topics regarding strategic developments and the relevant dynamics of the international oil, gas, biofuels, vegoil and chemical markets in which Vopak operates.
Vopak is well positioned to further build on the global trends in the energy and chemical sector, whilst continuing to monitor the business consequences resulting from the economic turbulence.
All projects currently under construction (including Thames Oilport) will add 4.9 million cbm of storage capacity to our existing storage capacity of nearly 30 million cbm in the years up to and including 2015.
Based on the current projects under construction and the potential opportunities for further expansion of Vopak’s network of terminals, it is our ambition to realize an EBITDA of EUR 1 billion in 2016. In this landmark year, we will celebrate our history of 400 years of entrepreneurship.
In order to achieve this ambition, the approval and successful execution of additional profitable expansion projects are required.