Totsa oil trading
The Total refinery and its logistics partner SEA-Invest are together investing million in a big capacity expansion in the port of Antwerp. The chemical giant Evonik for its part has selected the port as the ideal location to boost the market growth of totsa oil trading silica. Together, the various investments will help to assure the long-term presence of these big chemical and petrochemical operators in Antwerp.
Totseanergy, the new joint venture by the Total oil company through its trading arm Totsa and the SEA-Invest group through its tank storage division SEA-Tank is to invest million euros in the new Totseanergy Terminal at the head of totsa oil trading Hansa dock and the 6th Harbour dock. Antwerp Port Authority has undertaken to increase the depth alongside quay to Total has been operating in the port of Antwerp since In more recent years together with SEA-Invest it has played a significant role totsa oil trading doubling the volume of liquid bulk handled by the port.
The current investment will give the refinery greater flexibility and enable totsa oil trading to operate more totsa oil trading. The new tanks will take up around a quarter of the space available in the terminal, leaving plenty of room for further expansion.
This choice by Total and SEA-Invest once more confirms the strategic position of Antwerp as a petrochemical hotspot, demonstrating the strong belief by industrial and logistics operators in the value of having a long-term presence in the port. Evonik for its part has announced that it is to invest tens of millions of euros in expanding its production capacity for special silica. The chemical concern has chosen its Antwerp site totsa oil trading the expansion "because of its central location and the modern port facilities," according to spokesman Danny Erreweyaert.
With this investment Evonik is cementing its position as the world's largest supplier of silica, used as an ingredient in paints and lacquers, modern adhesive systems, transparent silicones and fire-resistant, high-grade insulation materials.
With 10 production units and more than 1, employees Evonik Antwerp is one of the largest Evonik sites in the world. The tanks are specially designed for storing ethane, propane, butane and derived products. ATPC expects to have the full capacity in operation by the middle of News Events Publications Newsroom Contact. Home News Multimillion investments by petrochemical giants. Multimillion investments by petrochemical giants Thursday 21 09 More than one million cubic metres of storage capacity Totseanergy, totsa oil trading new joint venture by the Total oil company through its trading arm Totsa and the SEA-Invest group through its tank storage division SEA-Tank is to invest million euros in the new Totseanergy Terminal at the head of the Hansa dock and the 6th Harbour dock.
Long-term presence in Totsa oil trading Total has been operating in the port of Antwerp since Base for worldwide deliveries of specialty chemicals Evonik for its part has announced that it is to invest tens of millions of euros in expanding its production capacity for special silica. Multimillion investments by petrochemical giants.
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