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IMC PLANS EXPANSION OF LIQUID STORAGE TERMINALS AT PORTS (it intends to raise its storage capacity by 1,00,000 kilolitres from 7,00,000 kilolitres at 12 ports now by 2005).

Asia Africa Intelligence Wire

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

(From India Business Insight)

The IMC group, erstwhile Indian Molasses Company, is the largest private bulk liquid storage enterprise.

It proposes to establish storage facilities at new ports at Ennore, Tuticorin, Paradip and others by 2005-2006.

This will provide its customers more options to plan their logistics for import and export of bulk liquids such as petroleum products, liquefied gas, petrochemicals, organic and inorganic chemicals and vegetable oils.

The company also plans to …

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