Royal Vopak
Royal Vopak provides independent tank terminal capacity over the whole world to the chemical and oil industries for the storage of liquid chemical products and oil products. Related to this, Vopak also provides a wide range of value-added logistic services, such as tanker shipping, barging and warehousing, independently or in cooperation with strategic partners.
The company is divided globally into five market regions and operates a network of 72 tank terminals with a combined storage capacity of over 20.0 million m3 in 29 countries.
Vopak’s strength derives from a combination of factors:
* A strong global infrastructure of tank terminals.
* Experienced and well-trained staff
* Recognisable quality through Vopak's adherence to the highest industry standards.
* A strict policy regarding safety, health and environment.
* An effective ICT infrastructure.
* A strong track record in terms of strategic alliance with third parties.
* Vopak’s development of integrated logistic concepts based on tank storage.
Vopak’s strategy concentrates on further expanding and optimising its network of tank terminals, providing specialist logistic concepts and entering into strategic alliances that provide related logistic services. In the short-term, Vopak aims to improve its financial ratios by reducing the fixed assets involved in providing additional logistic services.
In 2003, Vopak achieved net sales of EUR 749.6 million and a net income of EUR 104.5 million before dividend on cumulative financing preference shares. At the end of 2003, the company had a workforce of 4,004 employees. Vopak’s shares are listed on Euronext, Amsterdam, The Netherlands.
www.vopak.nl
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