- By 2026, over 40,000 m³ of chemical storage capacity will be added.
- The shift towards specialty chemicals is driven by competitive pressure from imports.
- Tarragona is positioned for new investments in decarbonization and circular economy.
Investment Strategy
Vopak Terquimsa is aligning its investment strategy with the evolving chemical industry landscape in Tarragona. The company anticipates a shift from commodity chemicals to specialty chemicals due to competitive pressures from imports. This transition is influencing their future investment plans, focusing on value-added products.
Facility Expansion
To support industry developments, Vopak Terquimsa plans to expand its facilities by 2026, adding over 40,000 m³ of additional chemical storage capacity. This expansion aims to bolster Tarragona's role as a leading petrochemical hub in Europe.
Decarbonization and Sustainability
Tarragona offers opportunities in decarbonization, including hydrogen, CO₂ capture and utilization, and circular economy initiatives. Vopak Terquimsa's experience in similar global projects positions it to add value in these areas, aligning with industry sustainability goals.
Strategic Focus
The company's strategic plan is built on four pillars: expanding chemical storage capacity, developing decarbonization projects, enhancing competitiveness through innovation and operational efficiency, and investing in people to ensure long-term expertise and leadership in the sector.
