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GPS Group and Rietlanden Terminals complete transfer of NOx emission rights

Published by , Senior Editor
Tanks and Terminals,

GPS Group and Rietlanden Terminals have announced that they have successfully completed a transfer of nitrogen oxides (NOx) disposition rights.

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.”

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