Hans Energy Company Limited has announced that its subsidiary, Dongguan Dongzhou International Petrochemical Storage Limited, has received government approval from the Dongguan Development and Reform Bureau for a renovation project at its Dongzhou International Terminal. This project involves converting an existing 50,000-tonne oil and gas berth into a dedicated liquefied hydrocarbon terminal. The approval marks a significant step in the second phase of the terminal's renovation. The project aims to enhance the terminal's capabilities to handle various liquefied hydrocarbons, including propane, butane, ethylene, and propylene, both at low and ambient temperatures. Additionally, DZ International has secured a long-term service agreement for terminal loading and unloading, which is expected to cover renovation costs and contribute additional income, thereby strengthening Hans Energy's market position in the rapidly growing liquefied hydrocarbon chemical industry.
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