China’s Dongying Port to be distributing centre of liquid chemicals

06 December 2012 07:36  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Dongying Port is likely to be an important distributing centre of liquid chemical products at the Bohai rim region, a source from Dongying Port Economic Develop Area (DPEDA) said on Thursday.

The port is expected to bring 10 terminals on stream by end December, with a combined annual throughput of 30m tonnes, the source said without specifying financial details.

Among 10 terminals, two of them are 50,000 tonne crude oil berths, two of them are 5,000-10,000 tonne oil products berths, four of them are 5,000-10,000 tonne fine chemical berths, and the last two are 20,000 tonne fuel oil berths, the source added.

Dongying Port was built in 1997, which is the controlling place for transportation passage of Northeast Economic Zone, Central China Economic Zone, Shandong Peninsula, and Beijing-Tianjin-Tanggu Region.

DPEDA, which has been established since April 2006, is focusing on nurturing modern logistics industry, which has more than 60 projects of completion and construction with a total investment over yuan (CNY) 80bn ($13bn).

($1 = CNY6.23)

By: Viola Pan
+65 6780 4359

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