The Board of Directors of Vopak Terquimsa has approved the start of the engineering works for the development of the fourth phase of expansion of its capacity at the chemicals quay in the Port of Tarragona, Spain.
This fourth phase will involve the construction of an additional 37,000 m3, dedicated to the storage of chemical products, often for circular economy projects and the energy transition. Construction is expected to begin throughout the year 2024, once the corresponding permits have been obtained.
The facility is expected to be operational in the last quarter of 2026.
Read more: Expansion at the Port of Tarragona
With this new expansion, Vopak Terquimsa will have 483,901 m3 of capacity in Tarragona, adding a total of €72 million of direct investment in growth investments since 2017.
Eduardo Sañudo Sánchez, CEO of Vopak Terquimsa, explains: ‘This new project is fully aligned with our strategy, which includes growth in industrial chemical enclaves and developing projects related to new energies and the circular economy. Our commitment to Tarragona is definitive, as an enclave for the storage of chemicals in southern Europe, and consolidates us as the reference partner of the petrochemical industry in its decarbonisation process.’
Read more: VI Med Hub Day at Port Tarragona
The new extension will incorporate the latest technology in industrial automation to allow safer and more efficient operations to be carried out, all under the highest standards of environmental efficiency. The construction characteristics of the new capacity will allow high flexibility to meet the needs of customers.
