Ploegsma Sulphur sells Duval stock to solvadis

Antwerp-Ploegsma Sulphur Co. LLC (PSC) announced Aug. 7 that it has sold all of the stock of Duval Service Co. NV (DSC) and Duval Sales International NV (DSI) to Duval Holding BVDA, a subsidiary of the solvadis group. DSI has been an integral part of the sulfur trade in Northwest Europe since the early 1970’s, and together with ACS/Vopak, has operated sulfur storage and distribution facilities in the Antwerp area. Mr. Wob Ploegsma, PSC president and a fixture within the European and world-wide sulfur business since 1984, thanks “his employees, customers, suppliers and infrastructure colleagues not only for their business association, but also for their friendship and cooperation over the years.” He said the staff of the Duval companies will remain in place and he is “confident that there will be a smooth transition to the new owner and PSC’s customers and suppliers may expect the excellent business relationships to continue long into the future.” Solvadis is a major distributor and trader of sulfur and other chemicals and succeeds the historical mg group. “For our global sulfur business and as service partner for suppliers (refineries) and consumers in Northwest Europe and in offshore markets, the move into an investment of a bulk terminal is decisive. Solvadis can now offer an extended range of services to traditional and new business partners and welcomes the team of Duval,” said Frank Gladis, man-in-charge of sulphur products for solvadis and new general manager of Duval Holding BVBA.