Betekenis van:
pipeline company
pipeline company
Zelfstandig naamwoord
- a company that operates oil pipelines for the oil industry
Hyperoniemen
Voorbeeldzinnen
- Its predecessor was European Pipeline Development Company (EPDC).
- Participation in the pipeline company is, in principle, open to any company but, in practice, only propylene and ethylene producers are directly involved.
- More specifically, EPS consists of two companies:the Ethylen-Pipeline Süd GmbH & Co KG, responsible for the planning, building and management of the pipeline, where the only liable partner (Komplementärin) is the company Ethylen-Pipeline Süd Geschäftsführungs GmbH, which does not hold any capital; the other (limited) partners (Kommanditisten) with shares in the EUR 700000 capital are BASF, OMV and Ruhr Oel with 20 % each and Borealis Clariant, Vinnolit and Wacker with 10 % each (LfA will participate neither as a liable or a limited partner in Ethylen-Pipeline Süd GmbH & Co KG and it will have no liability for the financing of the project);the Ethylen-Pipeline Süd Geschäftsführungs GmbH, which manages Ethylen-Pipeline Süd GmbH & Co KG, with LfA holding 25,1 % of the EUR 28000 capital; the rest of the capital is shared between the industrial partners of Ethylen-Pipeline Süd GmbH & Co KG in proportion to their shareholdings.