Nationale Maatschappij der Pijpleidingen NV

AvH: 75%

(€ 1,000) 2014 2015
Turnover 13,641 13,739
EBITDA 5,444 5,088
EBIT 3,145 2,872
Net result 2,294 2,129
Shareholders' equity 28,204 28,899
Net financial position 17,218 19,577
Balance sheet total 43,984 43,328
Personnel 5 5

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Presentation

Management

Pipeline - Antwerp-Kempen

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NMP

Beneficial interest AvH: 75%
AvH Contact: Koen Janssen

Nationale Maatschappij der Pijpleidingen (NMP - National Pipeline Company), originally set up by the Belgian State, specializes in the construction and management of pipelines for the transport of industrial gases and products for the petrochemical industry.

Information from the 2015 annual report

Pipelines constitute strategic, reliable, safe and environmentally friendly supply lines for the petrochemical industry and are vital to that industry’s presence in Belgium. NMP contributes towards this as manager of a 700 km network of pipelines. In order to carry out this management in the best possible way, NMP has implemented a comprehensive safety management system and makes extensive use of its geographical information system. This system was updated in 2015 to be able to answer planning requests from third parties digitally in accordance with the new Flemish KLIP decree (Cable and Pipeline Information Portal). NMP is closely involved in discussions on a review of safety regulations relating to pipeline transportation of gases and other products.

In 2015, Nitraco (joint venture between NMP and Praxair) finished the construction of a new oxygen pipeline between the existing Praxair plant in Zwijndrecht and the new plant in Lillo. The pipeline along Scheldelaan, which was acquired in 2013, will be integrated into this project.

In 2015, Nitraco also finished the extension of the existing Lommel-Beringen nitrogen pipeline to the Vynova site in Tessenderlo. The project for additional extensions of the existing nitrogen network in the Antwerp port area was started up.

Negotiations are in progress for several projects that may be carried out in the medium term.

The result for financial year 2015 is in line with expectations. A similar result is projected for 2016.

 

 

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