Dutch Vopak to sell 30% stake in S African terminal to Reatile

11 July 2012 08:28  [Source: ICIS news]

SINGAPORE (ICIS)--Dutch logistics firm Vopak on Wednesday said it will sell a 30% stake in its terminal in Durban to South African firm Reatile Chemicals.

“With Reatile, Vopak Terminal Durban gains a shareholder contributing extensive local business experience required to enable further growth,” Vopak said in a statement.

Financial details of the sale, which is still subject to regulatory approvals, were not disclosed.


By: Pearl Bantillo
+65 6780 4359



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly