LBC Tank Terminals Expands Antwerp Terminal
07.21.2023 By News - NEWS

July 21, 2023 [LBC]- LBC Tank Terminals has taken the final investment decision to expand the terminal in Antwerp and has started the construction of 28 tanks, collectively providing a significant storage capacity of 80,000 cubic meters.


An integral part of the project is a state-of-the-art loading station for trucks and rail cars. The additional capacity and new infrastructure will be dedicated to the safe and efficient storage of base oils and chemicals, serving to meet growing demand and strengthening the terminal’s prominent position as base oil hub in the region.

“With high energy prices, chemicals production in Northwestern Europe is under increasing competitive pressure, while Middle Eastern and US based producers have an advantage with access to lower priced feedstock,” says Erik Kleine, General Manager Europe. “We see a healthy and consistent growth in import of base oils and chemicals into Europe, where Antwerp is a prime location for these growing product flows.”

The project not only reflects our commitment to meet evolving customer needs, but also represents LBC’s broader purpose of driving sustainability in the storage industry by providing integrated storage solutions that prioritize resource efficiency, minimize environmental impact, and contribute to a meaningful future.

The expansion is projected to be operational by the fourth quarter of 2025.

Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 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

ExxonMobil Expands Chemical Production at Baytown
09.21.2023 - NEWS
September 21, 2023 [ExxonMobil]- ExxonMobil today announced the startup of two new chemical produ... Read More
Belvedere Terminals Ups its Planned Investment to $750 Million in Florida
09.21.2023 - NEWS
September 21, 2023 [Observer]-Belvedere Terminals announced Tuesday that it plans to build a tota... Read More
Oil Must Play Major Role in Global Energy Transition, Exxon, Aramco CEOs Say
09.21.2023 - NEWS
September 21, 2023 [Oil & Gas 360]- The heads of Saudi Aramco and Exxon Mobil Corp. took to t... Read More
JERA Global Markets Sells Terminal in the Port of Amsterdam to Rhenus Group
09.21.2023 - NEWS
September 21, 2023 [Port News]- JERA Global Markets Pte. Ltd. and the Rhenus Group jointly announ... Read More