VOPAK

Last edit:

Created in 1999 through a merger, Vopak specializes in both storage and transhipment of chemicals either in gas or liquid form. It’s terminals currently operate in 23 countries.

Being that it’s operations focus on a very specific service, which they have become quite adept in over the years, one might wonder where the company is heading next. Most likely they will remain focussed on increasing the safety and efficienty of the operations. Though with new technologies there may yet be unforeseen avenues of industry to expand into in the future. Time will tell.

Though the company has it’s fair share of competition, there is also a case to be made around the emergency of future competition. There are only so many chemicals that need storing, and with the current players providing for the wishes of the market one might say that there is little demand that might spawn additional competition. This may change in the future with the coming of new technologies and oppertunities.

The company pays a yearly dividend. Seeing as the need to store chemicals seems to be ever prevelent, there is little reason to assume that said dividends will be cut in the near future.