Friday 5 March 2021

GWC to acquire Aero Chem Logistics

DOHA, January 21, 2021

GWC, a leading logistics provider in Qatar, has signed an MoU for the acquisition of Aero Chem Logistics and its strategically located, 22,000-sq-m 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-sq-m 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. “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 was 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, the statement said. - TradeArabia News Service


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