SYDNEY, Oct. 12, 2026 /PRNewswire/ -- Vopak Terminals Australia welcomes the New South Wales (NSW) Government's endorsement of its proposed aviation fuel infrastructure expansion project in Port Botany. Included as a key project to strengthen the state's fuel security and resilience[1], the expansion reinforces Vopak's commitment to providing robust, future-ready energy infrastructure.
Aligned with the government's fuel security goals, the expansion capacity of approximately 120,000 cbm will strengthen supply chain resilience to help protect consumers and businesses. Adding new storage tanks and pipeline connections to this independent infrastructure increases fuel storage capacity even more, while supporting sustainable aviation fuels (SAF) to drive the sector's decarbonisation.
Through the Investment Delivery Authority's (IDA) endorsement, the NSW Government will provide practical, non-financial support to remove delivery barriers, improve coordination across government and accelerate project delivery[1].
"We are proud to receive the endorsement from the NSW Government. As the energy needs of New South Wales continue to evolve, it is critical that we invest in secure, reliable, and adaptable infrastructure. By expanding as an independent, open-access facility, this project will not only address fuel security issues, but boost market competition to the benefit of Australian consumers. Furthermore, with the capability to store SAF, we are laying vital groundwork for the country's energy transition," said Mats de Groot, Managing Director, Vopak Terminals Australia.
The project is subject to Final Investment Decision (FID) and regulatory planning conditions and approvals. For more information on the NSW Government's announcement, please visit the [1] official ministerial release https://www.nsw.gov.au/ministerial-releases/five-projects-endorsed-strengthening-fuel-security.
About the Vopak Terminals Australia
Incorporated in 1994, Vopak Terminals Australia is a leading independent fuel import and distribution infrastructure provider, delivering vital storage and logistics solutions to support Australia's energy security and supply chains. Operating major import and distribution facilities at Port Botany, Sydney, and East Arm Berrimah, Darwin, Vopak provides safe, reliable, and open-access infrastructure for a full spectrum of clean petroleum products. Vopak Terminals Australia is part of Royal Vopak, the world's leading independent tank storage infrastructure company with a global network of terminals and over 400 years of history. For more information about Vopak terminal in Sydney, please visit https://www.vopak.com/terminals/vopak-terminal-sydney-site-b.
About Royal Vopak
Royal Vopak helps the world flow forward. At ports around the world, we provide storage and infrastructure solutions for vital products that enrich everyday life. These products include liquids and gases that provide energy for homes and businesses, chemicals for manufacturing products, and edible oils for cooking as well as electrical energy. For all of these, our worldwide network of terminals supports the global flow of supply and demand. For more than 400 years, Royal Vopak has been at the forefront of fundamental transformations. With a focus on safety, reliability, and efficiency, we create new connections and opportunities that drive progress. Now more than ever, our talented people are applying this mindset to support the energy transition. Together with our partners and customers, we are accelerating the development of infrastructure solutions for hydrogen, ammonia, CO₂, battery energy storage systems, and low-carbon fuels & feedstocks – paving the way to a more sustainable future. Vopak is listed on the Euronext Amsterdam and is headquartered in Rotterdam, the Netherlands. For more information, please visit www.vopak.com.
Commercial & Partnership Information:
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Vopak secures NSW government endorsement for Port Botany expansion to strengthen aviation fuel security
Establishing a Strategic Foothold in North America, the World's Largest Beauty Market, to Accelerate Expansion Across Global Brands, Manufacturers, and Retailers
FORT LEE, N.J. and SEOUL, South Korea, Oct. 12, 2026 /PRNewswire/ -- VUSSENS Inc., a global beauty AI analytics company and a wholly owned subsidiary of NEWEN AI, a specialist in industry-specific AI analytics solutions, has established its North American operations in New Jersey and officially launched VUSSENS, its ontology-based AI beauty analytics platform.
New Jersey, where the North American subsidiary is based, is strategically located adjacent to New York, a major global hub for international business and consumer goods distribution, offering strong infrastructure and accessibility. VUSSENS plans to further strengthen its localization strategy in the North American market by actively leveraging its local partnership network, including connections with New York University (NYU) Stern and the Global AI Frontier Lab based in New York.
The VUSSENS platform, officially unveiled alongside the establishment of the North American subsidiary, is a beauty-specialized, ontology-based AI platform that integrates and analyzes cross-channel data from social media and e-commerce platforms in the U.S. market. Powered by a language model trained on more than 800 billion tokens and a multimodal AI engine capable of simultaneously analyzing video, audio, and subtitles across short-form content platforms such as YouTube and TikTok, VUSSENS enables highly granular persona analysis based on race, age, skin type, and consumer values. Going beyond simple measurements of keyword mentions, the platform structurally maps complex relationships such as trends and sales, ingredients and efficacy, and consumer responses and products, providing actionable market insights for businesses in the local market.
The platform integrates four core solutions, Marketing, Trend, Product, and Category, to support practical business decision-making. The Marketing Solution tracks the entire journey from product seeding and content engagement to reviews and purchase-conversion signals, while the Trend Solution captures diverse consumer responses in real time across ingredients, efficacy, formulations, colors, memes, and other dimensions. In addition, the Product Solution supports customized strategy development through AI-powered SWOT analysis and target-consumer analysis, while the Category Solution provides an overview of market movements and category-level opportunities. The platform also features K-Beauty trend analysis, which is gaining attention as a key benchmark in the global beauty market, further strengthening VUSSENS' competitive edge.
VUSSENS plans to pursue an aggressive sales strategy targeting the entire beauty value chain in North America. Its target customers include beauty brands seeking trend intelligence and marketing performance measurement, OEM and ODM manufacturers looking to optimize new product development and ingredient R&D, major retailers seeking to identify promising brands at an early stage, and agencies requiring sophisticated, data-driven insights for strategic proposals and solutions.
VUSSENS has also outlined a concrete roadmap for business expansion. Starting with its New Jersey subsidiary, the company plans to secure its initial customer base and gradually expand its sales hubs across key regions in the U.S., including the West Coast, South, and Midwest, ultimately building a sales network spanning North America. Building on its success in the North American market, VUSSENS plans to gradually expand its services into other major global beauty markets, including Japan, Europe, Southeast Asia, and the Middle East, with the goal of establishing itself as a global beauty data hub.
*NEWEN AI(KOSDAQ, 463020)
About VUSSENS
VUSSENS is an AI-powered global beauty analytics platform that integrates and analyzes global e-commerce and social media data to identify beauty market trends, consumer demand, and changes across products and categories. By integrating major commerce and social data sources, VUSSENS delivers actionable insights across the entire beauty intelligence ecosystem, from Trends → Categories → Products → Marketing. One of VUSSENS' key strengths lies in its ability to connect data across otherwise fragmented channels, enabling businesses to identify emerging beauty trends and early consumer interest signals, while uncovering high-growth categories and product opportunities.
For more information about VUSSENS, please visit the official website: https://vussens.ai
Product Inquiryinfo@vussens.ai
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VUSSENS Establishes U.S. Headquarters in New Jersey and Launches AI-Powered Global Beauty Analytics Platform
