Yildirim Group’s subsidiary Yilport Holding acquired 100% shares of Turkey’s largest liquid terminal Solventas Technical Storage Co. Inc., operating in Kocaeli Province.
The signing took place in Istanbul, Turkey on 14 June 2016.
Founded in Kocaeli’s Dilovasi District in 1967, Solventas houses 217 chemical tanks with a storage capacity of 333,000 cubic meters.
The liquid terminal serves tankers and vessels on 2 quays, 273 and 235 meters in length. More than 70 types of products, chemicals, petrochemicals, mineral and vegetable oils can be stored and handled at the facilities.
Following Yilport takeover, Solventas will be integrated into Yilport Gebze’s liquid terminal to form Yilport Dilovasi Liquid Terminal.
Yilport Gebze currently houses 85 chemical tanks with 120,000 cubic meters of storage capacity. After the consolidation and new investments, Yilport Dilovasi Liquid Terminal will serve the industry with more than 300 tanks and over 450,000 cubic meters of liquid storage.