Marstel Announce Leighton Contractors as Project Developer for New Coode Is. Project

Issue Date:  07 November 2001
Issued By:  Marstel Terminals

Marstel Terminals has appointed Leighton Contractors Pty Limited to design and construct a new $54 million bulk liquids storage facility on Coode Island five kilometres west of the Melbourne CBD on the Maribyrnong River.

The new storage facility works are part of the redevelopment and upgrade of hazardous bulk liquids storage on Coode Island. This facility, replaces an existing storage terminal, comprises 36 chemical storage tanks and will be built on a 3.5 hectare site. Construction is expected to commence in early 2002 and will be completed by mid 2003.  The project will create about 130 local jobs.

Tim Gunning, general manager of Marstel Terminals said “We very much look forward to working with Leighton Contractors to develop this world class storage terminal that will meet the highest standards of safety and environmental performance.

“We are very impressed with the quality and the expertise of the project team that Leighton Contractors have assembled to undertake this project. We can now move forward with the detailed engineering and design phase, and finalise the EPA Works Approval Application, in consultation with our community consultative group, the MCG (Marstel Consultative Group).”

Marstel Terminals recently signed a long-term lease for the Coode Island site with Melbourne Port Corporation.

For further information, please contact:
Marstel Terminals
Tim Gunning
General Manager
Ph: (03) 9931 1880 or 0418 370 856

Leighton Contractors Pty Limited
Annie Stante
Manager Corporate Affairs
Ph: (02) 9925 6675 or 0413 316 948