Houston-based EGL Eagle Global Logistics has been awarded a three-year contract by Huntsman, a global manufacturer and marketer of differentiated chemicals, to operate and manage a facility in Shenzhen, China, where Huntsman products and materials will be distributed to more than 10 satellite hubs across the Asia Pacific region. This warehouse operation is also part of EGL's overall expansion plans specific to Southern China.
During Phase I of implementation, EGL will dedicate a warehouse for non-dangerous goods, with a 5,000-pallet storage capacity. Initial forecasts predict an estimated volume of 500 pallets of non-dangerous materials during the first phase, with an expectation of substantial growth to more than 10,000 pallets during later phases. In addition to the bonded warehouse in Shenzhen, a supplementary warehouse in Dongguan will also play a significant role in the storage and processing of dangerous materials.
