MERGERS & ACQUISITIONS It has been another year of switching, swapping, investing and divesting storage terminal assets, with more money pouring in from private investors
EXPANSIONS This year’s annual round-up of expansion work at the world’s bulk liquids storage terminals is similar in extent to last year’s and many of the key drivers for growth remain unchanged
OVERVIEW In most other markets, it has been customary for a few years now to begin a review with a comment on recessionary factors, but that has not been the case with the terminals sector. Last year was no exception and 2012 is already looking good
Westway Group has reported a 46% increase in EBITDA for the third quarter, with the $12.5m posted in the latest period comparing favourably with the $8.5m recorded for the same period last year.
ANALYSIS The oil and petrochemical sector in eastern Europe has taken its time emerging from state ownership. That is reflected in the storage terminal sector, where independent operators are thin on the ground
M&A The global bulk liquids storage terminal business has continued its frenetic pace of mergers, takeovers and expansion projects throughout this year.
