Antwerp to have a new tank farm

Photo: Port of Antwerp

Mol Chemical Tankers and SEA-Invest will invest some €300-400m in setting up a brand-new tank storage terminal for liquid chemicals in the Port of Antwerp.

The two parties have created a joint venture, Sea-Mol, that will take care of the investment, which is expected to create 100 direct jobs. The terminal will be erected on 45 ha-big plot in the Delwaide dock part of the Belgian port.

"This investment is further confirmation of our port's ability to attract major investors. It will also boost our position as one of the largest chemical clusters in the world. This is very good news for the port, and for our economy," Jacques Vandermeiren, CEO, Antwerp Port Authority, commented.