LBC Tank Terminals & Proton Ventures to Develop Ammonia Terminal Operations in Europe and North America
05.14.2024 By Tank Terminals - NEWS

May 14, 2024 [Tank Storage]- Proton Ventures and LBC Tank Terminals are collaborating on a strategic joint venture aimed at developing ammonia terminal operations across northwestern Europe and North America.

  This partnership unites Proton Ventures’ end-to-end knowledge of the green ammonia value chain with LBC Tank Terminals’ vast expertise in safe and sustainable storage of liquid bulk products requiring specialized handling. By fostering growth and innovation in ammonia terminal operations through united expertise and resources, this business venture sets the stage to meet growing market demand at the forefront of the energy transition. 


As a prominent company in the engineering and project management field, Proton Ventures brings extensive experience in managing large-scale ammonia terminal projects, from their initial development to operation. ‘Their comprehensive approach, from feasibility studies to EPC works, underpins their commitment to drive the energy transition through innovative ammonia-based solutions,’ states Paul Cox, CCO of Proton Ventures. ‘They are excited to combine their technical know-how with LBC’s operational excellence to advance the development of green ammonia facilities crucial for reducing global carbon emissions and optimizing renewable energy use.’

With strategic terminal locations across major ports in Europe and the United States, LBC Tank Terminals leads key operations within the global tank storage landscape, providing the infrastructure and services necessary to advance the storage and handling of next-generation products such as ammonia. ‘Their focus on safety, sustainability, service, and efficiency is integral in supporting emerging supply chains. They look forward to combining forces with Proton Ventures for this future-focused endeavour which aligns with their strategic objectives to make positive impact and transform the industry in order to meet global energy needs,’ says Frank Erkelens, CEO of LBC Tank Terminals.

Proton and LBC’s joint venture not only highlights the growing need for sustainable storage solutions but, more importantly, showcases the importance of strategic collaborations in driving the energy transition. The integration of both companies’ core competencies and market positions is set to generate a unique proposition. The partners are targeting to establish the joint venture before summer 2024.


Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 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

Tangier Island Awarded $2.3 Million Grant for Fuel Storage
06.20.2024 - NEWS
June 20, 2024 [National Fisherman]- Tangier Island, Va., sits in the middle of Chesapeake Bay wit... Read More
Sweco Supports VoltH2 in Design and Development of New Green Hydrogen Plant in The Netherlands
06.20.2024 - NEWS
June 20, 2024 [Public Now]- The European energy company VoltH2 has selected Sweco as its partner ... Read More
ONEOK Completes Acquisition of Gulf Coast NGL System
06.20.2024 - NEWS
June 20, 2024 [ONEOK]- ONEOK, Inc. announced that it has completed its acquisition of a system of... Read More
Phillips 66 Refining Margins Tighten on TMX Expansion Start-Up
06.20.2024 - NEWS
June 20, 2024 [Market Screener]- U.S. refiner Phillips 66 said on Tuesday its margins have tighte... Read More