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· Chemical Engineering Online
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Itochu Corporation has acquired an equity stake in Aegis Terminal (Pipavav) Ltd. from Aegis Vopak Terminals, entering India’s ammonia storage sector. The investment ties Itochu to ATPL’s facility at Port Pipavav in Gujarat, which is reported to be India’s first independent ammonia-storage terminal.

What impact could this move have on India’s ammonia supply chain and the development of a market for low-carbon (green) ammonia?

Itochu invests in India’s first independent ammonia-storage terminal

This article was originally posted on chemengonline.com.
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ITOCHU Corporation (Minato-ku, Tokyo, Japan)announced that it has acquired a portion of the equity securities of Aegis Terminal (Pipavav) Ltd. (Gujarat, India; ATPL) from Aegis Vopak Terminals Ltd. (Mumbai, India; AVTL). Through this investment, ITOCHU has entered the ammonia storage terminal business operated by ATPL at Port Pipavav in Gujarat, India. The terminal — India’s […]

The post Itochu invests in India’s first independent ammonia-storage terminal appeared first on Chemical Engineering.

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