ROYAL VOPAK, WHICH operates the worlds largest network of independent butk liquids storage terminals, has recently announced two developments that illustrate its current operational strategy, with both involving partnerships with third parties and focusing on linkages between tank capacity and industrial operations. Last month Vopak signed a Letter of Intent |Lol) with Chandra Asri Petrochemical, Indonesia's largest integrated petrochemical company. The Lol anticipates the two companies collaborating to develop petrochemical infrastructure in Cilegon, a major industrial centre in Banten province, Indonesia. Cilegon, which lies at the north-western point of Java, on the Sunda Strait, is also known as 'steel city' as it is the focus of steel production for south-east Asia but it is also the home of a significant and developing petrochemical cluster. Vopak has an existing terminal nearby at Merak.
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