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IMC plans expansion of liquid storage terminals at ports.

Asia Africa Intelligence Wire

| June 24, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Business Line)

MUMBAI, June 23. IMC Group, formerly known as Indian Molasses Company, India's largest private bulk liquid storage company having facilities at almost all major ports in the country, has put up on its drawing board a major investment programme to expand its existing storage terminals and set up facilities at new ports in the next two to three years.

Besides expanding its storage terminal capacities at Jawaharlal Nehru Port, Kandla and Haldia ports, the company plans to extend its network of terminals to new locations, such as Ennore, Tuticorin and Paradip ports, to enable its customers to have multiple options and the flexibility to plan …

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