Qatar’s leading logistics provider GWC announced the signing of an MoU for the acquisition of Aero Chem Logistics and their strategically located, 22,000 sqm Chemical Storage Facility in Ras Laffan Industrial City (RLIC) through GWC Chemicals, a wholly-owned subsidiary of GWC.
“We are happy to be associated with GWC, and are confident in their abilities as industry leaders in the chemical and Hazmat logistics field to maintain and develop the operations at this chemical storage facility,” stated Aero Chem Logistics chairman Abdulla Saif Yasser al-Moosallam.
GWC’s existing 320,000 sqm of oil and gas logistics infrastructure in Ras Laffan and Messaieed Industrial Cities features specialised solutions such as Hazmat warehousing, laydown yard and general storage facilities. This addition will reinforce GWC’s locational advantage and expansive capabilities in the oil and gas and manufacturing industries.
“By signing this MoU, GWC will strengthen its leadership position in the Hazmat logistics field,” stated GWC Group CEO Ranjeev Menon on this occasion.
“We will continue to provide our customers with unparalleled and comprehensive Hazmat logistics solutions according to industry best practices, while maintaining the quality and safety controls as well as visibility to regulating authorities offered for over a decade.”
In September 2020, GWC has been announced as the first ‘Regional Supporter’ and ‘Official Logistics Provider’ for the FIFA World Cup Qatar 2022.
As such, GWC will be the key operational supplier of logistics solutions for the FIFA World Cup Qatar 2022.
LEAVE A COMMENT Your email address will not be published. Required fields are marked*
Asian markets climb as recession talk tempers rate hike expectations
US recession unlikely and expansion is in early stage: Fed official
US banks test cyber defences at Treasury’s direction
Qatari businesswomen enhance their presence in financial sector
Qatar banks well-capitalised; QCB should proactively monitor banks’ compliance: IMF
Rent adjustments expected after World Cup, says Cityscape Qatar official
Heightened global apprehensions weigh on QSE sentiments; index plunges 809 points, M-cap erodes QR46bn
GCC banking systems proven resilient to regional shocks: S&P Global
Egypt finance minister says it’s time to rethink carry-trade reliance