GPS Group, the storage and logistics provider, and Rietlanden Terminals, are pleased to announce that they have successfully completed a transfer of NOx (Nitrogen Oxides) disposition rights.
Sustainable energy products
The transfer, now confirmed through a permit that has become irrevocable, transfers such rights from Rietlanden Terminals to GPS Amsterdam and thereby supports GPS’s expansions including the recently completed rail project and bio ethanol storage, which are supportive of the energy transition towards more sustainable energy products and transport modalities.
Peter Vucins, EMEA Director, GPS, commented: "This is an important achievement for GPS as the NOx disposition rights will further allow us to help our customers in their journey towards the transition to cleaner energy.”