share_log

Dialog To Expand Storage Facilities At DTL3 After Securing Deal From EcoCeres

Business Today ·  07/29 06:38

Dialog Group Berhad announced that its indirect wholly owned subsidiary, Dialog Terminals Langsat (3) Sdn. Bhd. will be expanding its storage facilities for an additional 150,000 m3 storage for renewable and petroleum products with the first 100,000 m3 is dedicated to EcoCeres Limited, a subsidiary of EcoCeres Inc. and the remaining 50,000 m3 is expected to be leased to third party customers such as multinational companies and trading houses. The Expansion is expected to be completed in Q1 FY2027.

The group said DTL3 secured a take-or-pay storage agreement with EcoCeres Limited for the dedicated 100,000 m3 of storage which serves as a catalyst for the expansion of DTL3 terminal. The said agreement follows EcoCeres' announcement of a significant investment in a new production facility in Pasir Gudang, Johor Darul Ta'zim, Malaysia. The new biorefinery is expected to be operational in the second half of 2025 and is strategically located less than 1km from DTL3 with direct connection to DTL3's storage tanks via rundown pipelines.

The biorefinery will produce Sustainable Aviation Fuel and Hydrotreated Vegetable Oils, which will be stored in DTL3's dedicated (to EcoCeres) tanks. The facility has an annual capacity of up to 350,000 tonnes. DTL3 storage optimises biorefinery's investment in storage infrastructure while logistical integration of rundown pipelines enhances operational efficiency.

これらの内容は、情報提供及び投資家教育のためのものであり、いかなる個別株や投資方法を推奨するものではありません。 更に詳しい情報
    コメントする