Katoen Natie boosts Jurong Island storage by 20% with $60m warehouse

The facility has a storage capacity of 37,000 square metres.

Katoen Natie has opened Jurong Logistics Terminal 5 (JLT5), its fifth warehouse in Singapore, following an investment of $60m.

The warehouse is located on Jurong Island, which the company identified as a strategic base for petrochemicals and speciality logistics.

The facility has a storage capacity of 37,000 square metres, raising total capacity on Jurong Island by 20%.

It will also feature a four-way shuttle automated storage and retrieval system, scheduled to be operational in the fourth quarter of the year.

Katoen Natie said the new JLT5 increases its total investment in the country to $50m.

Moreover, the group now generates approximately 10.1 GWh of solar energy annually across its five facilities.

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