Tristar Acquires Shell Chemicals Terminal in JAFZA
08.13.2018 - NEWS

August 13, 2018 [Logistics Middle East] - The Shell Chemicals terminal is situated on a 21,000 sqm water facing lot and consists of nine above-the-ground storage tanks with a capacity of 5,505 CBM, a jetty with three pipeline connections to the tanks, truck loading gantry and drumming facility.


Tristar Group is further consolidating its presence in Jebel Ali Free Zone (JAFZA) with the acquisition of the Shell Chemicals terminal in JAFZA.

The deal was recently signed between Eugene Mayne, group CEO for Tristar, and Jack Eggels, general manager, chemical operations, Europa, Africa and Middle East, for Shell.

The Shell Chemicals terminal is situated on a 21,000 sqm water facing lot and consists of nine above-the-ground storage tanks with a capacity of 5,505 CBM, a jetty with three pipeline connections to the tanks, truck loading gantry and drumming facility.

Under the terms of the deal negotiated with Shell and JAFZA, Tristar will undertake a capacity expansion and terminal modernisation program over the next five years, which will see the capacity expanded to over 25,000 CBM and designed to house a wide range of types of solvents and industrial chemicals.

Shell will continue to remain a customer under the terms of a services agreement signed between the two companies.

We are very proud of this acquisition which has strategic importance not only for us a company, but also to our customers who can now have access to a truly turnkey and fully integrated distribution service with our ability to now handle bulk imports and offer storage and distribution of both bulk and packed chemical products,” said Mayne.

This facility will complement our existing Dangerous Goods (DG) facility in JAFZA South Zone which currently houses a wide range of packed chemicals and petroleum products,” he added.

Eggels added: “This is great example of a successful collaboration between Shell Chemicals and our key logistics service provider in the region, Tristar Group. With provision of logistics services being core to Tristar, I’m really pleased to see that we have been able to make this asset transition work, so both companies can continue to fulfil their business ambitions for the regions.”

—————————-

TankTerminals.com – Research, Market and Expand Your Presence within the Tank Storage Industry. Learn more.

10-year Treasury yield hovers close to highest level since April as investors await key jobs data
01.10.2025 - NEWS
U.S. Treasury yields hovered close to its highest level since April on Friday, as investo... Read More
Union dockworkers, port employers announce tentative deal at East Coast and Gulf ports
01.09.2025 - NEWS
State of Freight The tentative agreement is on all items for a new six-year mas... Read More
China's property market is expected to stabilize in 2025 — but stay subdued for years
10.30.2024 - NEWS
China’s struggling real estate sector may not start turning around until the sec... Read More
Harris will offer an alternative to Trump-era politics in closing argument speech
10.29.2024 - NEWS
1234534234 Democratic presidential nominee U.S. Vice President Kamala Harris walks to bo... Read More