The Gulf Coast Growth Ventures (GCGV), the petrochemical joint-venture between American oil major ExxonMobil and SABIC, has selected the Dutch-based tank storage company Royal Vopak to design, build, own and operate a new industrial terminal in Corpus Christi, on the US Gulf Coast.
The terminal will be dedicated to serving the planned 1.8 million tonnes per year ethane cracker. All liquid products moved by marine vessels will be handled by the new Vopak terminal.
The total capacity will be around 130.000 cbm tankage and will include pipelines connecting the terminal to the cracker complex.
We’re very excited to support GCGV with this major industrial development in the US. This new terminal fits well into our growth strategy for industrial terminals. We’re proud of our expertise and long track record of storing vital products. We have high standards on safety and environmental care and we’re looking forward to becoming part of the Corpus Christi community,
…said Eelco Hoekstra, Chairman of the Executive Board and CEO of Royal Vopak.
Vopak’s industrial terminal and associated infrastructure are expected to be operational consistent with a planned start-up by 2022.
Gulf Coast Growth Ventures (GCGV) is a chemical manufacturing joint venture between ExxonMobil and SABIC in San Patricio County, Texas, created by the abundance of domestic shale gas resources.
