PD Ports is celebrating the official opening of a multi-million pound bulks handling facility at Teesport that marks an important milestone in the revival of the Tees Valley following the collapse of the SSI Steelworks in 2015.
Simon Clarke MP, Minister for Regional Growth and Local Government, officially opened Teesport Bulks Terminal during a virtual ceremony on August 12th.
PD Ports’ £9.2 million investment to renovate and refurbish its former Steel Export Terminal delivers a modernised warehousing facility that is firmly positioned to handle continued international trade growth and support post-COVID economic recovery, as well as further economic growth over the longer term.
The 300,000sq.ft. terminal comprises seven walled bays, primed to store a range of bulk products such as soya and grain and directly connected to covered rail access to provide an environmentally sustainable and cost-effective solution for domestic exports.
The investment has created 44 new jobs on Teesside, and builds on the £1bn of investment PD Ports has attracted to the region over the last decade, in addition to the Government’s own £70 million investment to regenerate the Tees Valley and its ongoing commitment to the levelling-up agenda.
“The opening of the Teesport Bulks Terminal marks an important milestone in the continued revival of the Tees Valley,” said Simon Clarke, MP during his opening speech.
“This new terminal will increase trade, create new jobs for the region and help boost the UK’s economic recovery as we emerge from the worst effects of the coronavirus pandemic.
“Teesside is leading the way in an era of international investment and economic renewal and as a proud Teessider, I couldn’t welcome this more.”
PD Ports’ CEO, Frans Calje, says completion of the Teesport Bulks Terminal signifies the resurgence of bulks handling in the Tees Valley and demonstrates the region’s economic recovery post SSI.
“In 2015, disaster struck the Tees Valley as the steelworks collapsed after more than 150 years of steelmaking. Overnight the River Tees and this region lost one of its main component parts and we, as PD Ports, lost a third of our business. Thanks to an ongoing journey of diversification, we have been able to rise, almost symbolically, from our own ashes into something that is now far larger in 2020 than it ever was in 2015.”
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