MOL, NCC & MOL Logistics jointly establish MOL Logistics (Tank Containers)

MOL, NCC & MOL Logistics jointly establish MOL Logistics (Tank Containers)

MOL president, Takeshi Hashimoto, announced that MOL, Nippon Concept Corporation and MOL Logistics Co have decided to jointly establish MOL Logistics (Tank Containers) this month.

The establishment will extend areas of the business alliance and further accelerate collaboration in business and cargo transport operations using tank containers.

NCC is an international logistics company using tank containers and concluded a capital and business alliance agreement with MOL in 2018.

MOL has acquired 15 percent of NCC’s issued shares and moved ahead with cooperative measures such as sharing and mutual use of each company’s overseas offices and business networks. MLG, which serves as a core of the MOL Group logistics business, currently handles NCC’s overseas agency business in Mexico, Myanmar, and Vietnam.

MLG will extensively intensify its agency business on NCC’s behalf, starting in Thailand and other major Asian countries showing tremendous growth in demand for chemical products, such as China and India.

The three companies will expand the business alliance in the future and work together as one to offer safe, high-quality transport of chemical products on a global scale.

For more information visit www.mol.co.jp

28th June 2021