News Details :
News Details:
Headline : Netherlands : Subsidy for substantial expansion Contitank
Summary : In the coming years Contitank, a storage company for green raw materials, will invest 17 million euros in new logistics facilities at the Delfzijl chemical park. The storage capacity is doubled, to more than 50,000 m3. The increase in scale leads to five extra jobs. The expansion is being subsidized with over 4 million from the Regional Investment Fund Groningen.

Developments
The first new storage tanks have recently been installed. In addition, Contitank invests in a rail connection and greening. Together with Groningen Seaports, a new pipeline will be developed between the customers and Contitank. This gives the chemical park a second access to the seaport. Due to the savings on truck traffic, the emissions of CO2 are lower. The energy supply of the company is also becoming more sustainable by using industrial residual heat.

Greening
Contitank wants to grow into the green logistics service provider for the bio-economy in Groningen in the coming years. Director Joris Hoogenbosch: "More and more high quality natural raw materials are coming onto the market.With our investments in storage capacity and logistics facilities, we are making it possible to grow companies in the chemical cluster and to develop new industrial production processes."

Patrick Brouns, deputy of Economic Affairs of the province of Groningen: "The Ems delta is already producing a lot of green raw materials for chemistry, and the investment of Contitank is a stimulus for the further growth and greening of the chemical cluster." Marco Smit, director of the Economic Board Groningen, adds: "The expansion of Contitank shows that the RIG is an important support for companies with growth plans in the Ems Delta."

About the RIG
The objective of the RIG (Regional Investment Support Groningen) is to give an impulse to the business climate and employment opportunities for industrial companies in the Ems delta and on the Campus Groningen. For the implementation of the RIG, a total of 40 million was made available in 2014 by the Ministry of Economic Affairs, the Economic Board Groningen (EBG) and the province of Groningen. The RIG is part of the EBG program and of the provincial program Groningen @ Work 2016-2019, which aims to strengthen the region economically and thus help as many Groningers as possible. The Northern Netherlands Cooperation Association (SNN) carries out the RIG on behalf of the province.


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