DP World has begun construction on a €50 million (c. £42m) expansion of its chemicals logistics hub in Wolfenbüttel, Germany.
The investment will add a purpose-built, 30,000m² (c. 322,917ft²) warehouse for the storage of lithium-ion batteries and a new rail terminal.
This expansion will transform the Wolfenbüttel site into a multifunctional chemicals storage facility serving existing customers in the agricultural industry, while expanding support for automotive customers as demand for electric vehicles grows.
This hazardous goods dedicated terminal will help incentivise customers to use rail freight transport rather than road.
The Wolfenbüttel centre is one of 19 chemicals warehouses operated by DP World in Europe, and provides year-round, next-day fulfilment for customers across Germany.
Once complete, the facility will become DP World’s flagship chemicals storage facility in Europe and join a fast-growing network of lithium-ion storage sites across Germany.
The expanded site will also provide additional capacity to support DP World’s global portfolio of automotive manufacturers and suppliers.
Luca Schulz, director chemicals, Central Europe, DP World, said: “I am delighted to see work officially begin in Wolfenbüttel.
“Investments such as this one underscore DP World’s firm commitment to chemical and automotive logistics in Europe and demonstrates the trust that our customers place in our services.”
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