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PRESS RELEASE
Hong Kong, Friday January 15, 2021 – Kerry Logistics Network Limited (“ Kerry Logistics Network ”; stock code 0636.HK) opened a logistics center in the Cangzhou Lingang Economic and Technological Development Zone in Hebei Province, China, under the umbrella of Kerry IMS Chemical Logistics to seize the potential of the chemical logistics market. The logistics center was opened and put into operation on January 8.
Kerry IMS Chemical Cangzhou Logistics Center was developed to strengthen the service capacity of Kerry Logistics Network in the chemical sector and an important base in North China, consolidating the combined resources of the company in the logistics, industries of export, an international standard operating platform and transportation facilities. Located near the Tianjin Nangang Industrial Zone, the logistics center has a total area of 320,000 square feet, including a Class A warehouse, a Class B warehouse, as well as offices, and has the capacity to process 400,000 tons of Class A and Class B chemicals per year. The logistics center has been designed and built above Chinese national standards and is equipped with intelligent monitoring and management systems. At present, it mainly deals with industrial raw materials, mainly packaged in Intermediate Bulk Containers (IBC), drums and buckets. The warehouse will store 38 types of dangerous goods, including flammable liquids and solids, oxidants and corrosive substances.
William Ma, Managing Director of Kerry Logistics Network Group, said: “Kerry IMS Chemical Cangzhou Logistics Center is the flagship development of Kerry Logistics Network’s expansion of its chemical logistics business, unleashing its 3PL strength in the chemicals and hazardous. With this logistics hub, Kerry Logistics Network is confident that it will significantly improve its service capabilities in chemicals and hazardous products logistics, enriching user experience and quality of service to deliver growth initiatives to the industry.
Edwardo Erni, Managing Director – China and North Asia of Kerry Logistics Network, said: “There is enormous potential and development prospects in the chemical logistics market. The completion and opening of the Cangzhou Logistics Center will enable us to provide professional chemical supply chain consolidation services to our customers in the Beijing-Tianjin-Hebei area. It will support the national and regional framework of our clients and constantly optimize supply chain networks to increase the autonomy of the chemical industry supply chain.
Leveraging the geographic advantage of Cangzhou Lingang Economic and Technological Development Zone, Kerry IMS Chemical Cangzhou Logistics Center is supported by Kerry’s strong chemical warehousing, trucking and distribution services and network. IMS Chemical Logistics. Not only can it meet the warehousing and transit needs of local chemical companies, but also can provide services to Hebei, Tianjin, Shanxi and Shandong regions, integrating regional resources and upstream and downstream industries to create a sustainable industrial chain. The logistics center is the implementation of Kerry Logistics Network’s operational strategy of synchronized distribution from warehouses in the east, south, north and southwest of China, so that the logistics and time nationwide distribution are shortened, ensuring the prompt delivery of goods to increase the competitiveness of its customers’ products.
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