Katoen Natie unveil expanded Singapore Logistics Terminal

By Admin
Follow @SamJermy and @SupplyChainD on Twitter.Belgian logistics giant Katoen Natie yesterday opened a $50 million extension to its Jurong Logistics Term...

Follow @SamJermy and @SupplyChainD on Twitter.

 

Belgian logistics giant Katoen Natie yesterday opened a $50 million extension to its Jurong Logistics Terminal on Jurong Island, taking its total investments in Singapore to $200 million.

 

The extension has increased the terminal's logistics capacity by 45 per cent. The extra capacity will be taken up by new logistics contracts with three chemical producers; Borouge, Evonik and Lanxess. This should generate combined revenues of about $250 million over the next five years.

Moreover, the contracts are expected to create 50 to 60 new jobs in Singapore by March next year.

The 162,000 square metre terminal is equipped with silos and packaging lines. Clients introducing new products in the region can also tap in to Katoen Natie's pre-marketing logistics.

Koen Cardon, the Chief Executive of Katoen Natie Singapore, said: "Before the start-up of a new production plant on Jurong Island, Katoen Natie will work with the customers to import the product into Singapore to blend and pack for shipping from Singapore.”

The new building is being mounted with a 1.2 Megawatt solar power system on the rooftop which is intended to produce enough power for all the processing activities within the terminal.

"The petrochemical output of Jurong Island has already surpassed the total production output of countries such as Brazil, France, Canada, the Netherlands and Belgium." Cardon told some 120 guests at the ribbon-cutting ceremony yesterday. Among those attending were Antwerp Mayor Bart De Wever.

Cardon said: "This expansion is probably the largest single-step expansion in the 160-year history of our company.”

More information on Katoen Natie can be found at: http://www.katoennatie.com/other/latest-news/opening-ceremony-of-our-jurong-logistics-terminal-phase-4/

Share

Featured Articles

IBM: Supply Chain Data is Sustainability 'Blockage'

IBM study highlights sustainability disconnect between intention and impact, with 76% of execs agreeing it's crucial but just 30% making much progress

Heineken Toasts Success of Supply Chain Transformation

Digital transformations have a notoriously high failure rate but not so at Heineken, who has transformed its European logistics operations to great effect

GEP's Procuretech Advice, as new Scope 3 Reporting Laws Loom

GEP issues advice around mandatory Scope 3 reporting, an issue that will figure large at Sustainability LIVE: Net Zero, being held in London

Cainiao: The World's Largest Ecommerce Logistics Provider

Operations

FedEx Express Opens Singapore Logistics HQ

Logistics

Supply Chain Problems Sees Partnerships Programme Grow

Operations