Hamriyah Free Zone-based ATS Terminal has increased its storage capacity from 22,000CBM to 42,000 CBM.
The company, which offers services like storage and transport of liquid chemicals and fuel, recently completed its phase two expansion.
“The facility, with six piggable pipelines (SS and MS) from the deep harbour and inner harbour respectively, is equipped to handle, store and distribute all kinds of Class 1, 2 and 3 products on behalf of our customers in the UAE and the GCC. After the expansion, our capacity is 42,000 CBM,” said Avinash Gandhi, Managing Director of ATS Terminal FZE.
Speaking on the occasion, Saud Salim Al Mazrouei, Director of Hamriyah Free Zone Authority, HFZA, and Sharjah Airport International Free Zone, SAIF Zone, said, “We are happy to see the growth of ATS Terminal which has been operational since 2012. We are happy to support our investors and our goal is to create a robust business environment by meeting the needs and demands of our investors, and seeing such developments show that we are achieving our goals.”
Currently, ATS Terminal is utilising only 30 percent of the existing plot and have plans to triple capacity in the future.
Gandhi said that his company found HFZA to be the best place to build a liquid storage terminal and that they have plans to kick-start phases three and four in 2016 and 2017 respectively. The total investment, once all the phases are completed, will be over AED100 million.
Hamriyah Free Zone houses over 6,200 companies from 157 countries, welcoming foreign investment from more than 500 industries in key sectors of oil and gas, petrochemicals, maritime, steel, construction and food.
Source : WAM News Agency
