In the first half of this year the Dutch group Vopak terminal operator has achieved a net profit of 123.5 million euros, a decrease of 7% compared to 132.4 million euros in the first half of 2010. Revenues amounted to EUR 561.1 million (+3%) and operating profit to 335.4 million euros (+50%). The operating profit excluding exceptional items (including income from 111.5 million euros from the sale of its 20% stake in the Bahamas Oil Refining Co. - Studs) amounted to 217.9 million euros (-2% ).
"The strategic role of our network of tanker terminal in the supply chain of our customers - said today the president of Vopak, Eelco Hoekstra - translates into a strong demand for our services. We continue to have high demand for storage services for petroleum products. The demand for storage of chemicals is high in Asia, the Americas and encouraging relatively stable in Europe.However, the restrictions to the traffic of wagons in our Terminal Deer Park (Texas, ed) resulted in a dispute with neighboring competitors and regulatory uncertainty in the segment of biofuels has had a negative impact on organic growth of our current results, in particular North America and our divisions Chemicals Europe, Middle East & Africa. It is encouraging to note that despite the intensification of the maintenance schedule of the tanks, our utilization rate has remained stable at 92% since the beginning of the third quarter of 2010. "
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In the first half of this year the Dutch group Vopak terminal operator has achieved a net profit of 123.5 million euros, a decrease of 7% compared to 132.4 million euros in the first half of 2010. Revenues amounted to EUR 561.1 million (+3%) and operating profit to 335.4 million euros (+50%). The operating profit excluding exceptional items (including income from 111.5 million euros from the sale of its 20% stake in the Bahamas Oil Refining Co. - Studs) amounted to 217.9 million euros (-2% ). 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
