Alkion Terminals And Koole Terminals Merge
11.18.2022 By Ella Keskin - NEWS

November 18, 2022 [Reuters] – As of 17 November, Alkion Terminals and Koole Terminals are officially one group, working together toward a more sustainable future. With 20 terminals in seven countries, 900 employees and a total capacity of 5.3 million m3, Alkion Terminals and Koole Terminals have significantly increased their potential together.

 

The new organisation aspires to become the European market leader in innovative and integrated services for storage, processing, and logistics.

‘With this acquisition, we are joining forces,’ says John Kraakman, CEO of Koole Terminals. ‘Alkion and Koole are highly complementary, and our joint expertise now gives us the knowledge and skills to further develop and innovate our services in the storage market. Moreover, greater geographic reach creates new opportunities for our multi-terminal network customers. We can now work on a larger scale with a larger portfolio of products.’

Kraaakman continues: ‘It’s a new starting point that offers opportunities for a successful and sustainable future for all of us, and we are creating that future together, in which service to our customers is maintained to the highest possible standards for both quality and safety.’

For the time being, the names Alkion Terminals and Koole Terminals will be kept as they are.

 


Pro Trial: Access 11,340 Tank Terminal and Production Facilities

11,340 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Petronas and Japan's ENEOS Xplora Agree on 10% Stake in Malaysia LNG Plant
04.30.2026 - NEWS
April 30, 2026 [Reuters]- Malaysia’s state energy firm Petronas said it has signed definiti... Read More
Valero Energy Beats Profit Estimates on Strong Refining Performance
04.30.2026 - NEWS
April 30, 2026 [Reuters]- U.S. refiner Valero Energy surpassed Wall Street expectations for first... Read More
PetroChina's First-Quarter Profit Up on Growing Gas and Fuel Sales
04.30.2026 - NEWS
April 30, 2026 [Reuters]- PetroChina, Asia’s largest oil and gas producer, posted a 1.9% ri... Read More
BP Signs Agreement with Venezuela to Develop Offshore Gas Fields
04.30.2026 - NEWS
April 30, 2026 [Reuters]- BP will develop Venezuela’s Cocuina-Manakin gas field, on the mar... Read More