Belgium – LBC Tank Terminals has made the final investment decision to expand its terminal in Antwerp.
The expansion includes the construction of 28 tanks, providing a substantial storage capacity of 80,000 cubic meters, alongside a cutting-edge loading station for trucks and rail cars. This strategic investment reinforces LBC’s commitment to sustainable storage solutions that prioritize efficiency, environmental impact reduction, and future-forward practices.
As energy prices soar and the chemicals production in Northwestern Europe faces intense competition, LBC Tank Terminals aims to strengthen the region’s competitiveness by providing efficient and reliable storage solutions for base oils and chemicals. The Antwerp terminal, already renowned as a base oil hub, plays a pivotal role in catering to the increasing import of these products into Europe.
The expansion project, marked by the final investment decision, will see the construction of 28 tanks with a collective storage capacity of 80,000 cubic meters. The new infrastructure will include a cutting-edge loading station designed to facilitate seamless and safe operations for trucks and rail cars. The state-of-the-art facilities will enhance the terminal’s operational efficiency and solidify its position as a leading storage hub in the region.
Beyond meeting customer needs, LBC Tank Terminals emphasizes its commitment to driving sustainability in the storage industry. The company is dedicated to delivering integrated storage solutions that prioritize resource efficiency and minimize environmental impact. With a keen eye on a meaningful future, LBC’s expansion project aligns with its broader purpose of contributing to sustainable practices within the industry.
The ambitious expansion project is expected to be operational by the fourth quarter of 2025. By this time, the Antwerp terminal will be fully equipped to cater to the growing demand for base oils and chemicals in Europe, bolstering the region’s position as a prominent player in the global energy and chemicals landscape.