Bulk Distributor Jan/Feb20 - Page 19

Ports & Storage January/February 2020 Carbon black plant set for Rotterdam C arbon black recovery specialist Black Bear Carbon is developing its next tyre recycling plant at Port of Rotterdam. Over several past months, Black Bear, which recovers high quality carbon black (rCB) from end- of life tyres, explored multiple locations in the Netherlands for a new tyre-carbonisation plant. This plant will decompose granulate from end-of life tyres into carbon black, pyrolysis oil and gas. After an extensive process of evaluation and careful consideration, Black Bear’s preference for developing its next plant went to Rotterdam. Carbon black is a crucial component in rubber, plastics, inks and paints and is used to modify their properties into usable products. Almost everything that is black in colour has carbon black in it. Current manufacturers produce it by combusting oil (the ‘furnace process’), emitting Black Bear recovers carbon black from used tyres in a clean and sustainable way Advertisers Index Anova 3 CIMC 9 Cryovat 11 CTW Cleaning 13 EcoTrans 8 Fort Vale Engineering 12 Gröninger Cleaning Systems 13 Hüni 1 Intermodal Asia 18 Intermodal Telematics 5 GPCA Supply Chain Conference 20 Logichem Europe 2 Lohia 17 Multimodal 16 NTTank 11 Rishi 15 Savvy 7 Shanghai Tanklink Supply Chain 6 TWS 10 For information on advertising contact us on: +44 (0)1565 653283 Published 6 times a year. Reproduction in whole or in part without written permission is strictly prohibited . ISSN 1462-0731 Events Intermodal Asia 17-19 March 2020 Shanghai, China www.intermodal-asia.com Logichem 17-19 March 2020 Rotterdam, Netherlands https://logichem.wbresearch.com ECOTRANS 2020 16 April 2020 Moscow, Russia www.ecotrans-moscow.com FECC 27-29 May 2020 Milan, Italy www.fecc.org Multimodal 16-18 June 2020 NEC Birmingham, UK www.multimodal.org.uk transport logistic china 16-18 June 2020 Shanghai, China www.transportlogistic-china.com Publisher: Mike Reardon, [email protected], Tel: +44 (0)1565 653283 Managing Editor: Neil Madden, [email protected], Tel: +33 (0)3 88 60 30 68 Advertising Director: Anne Williams, [email protected], Tel: +44 (0)20 854 13130 Circulation: Berni Chetham, [email protected], Tel: +44 (0)1565 653283 © Ashley & Dumville Publishing Bulk Distributor is published by Ashley & Dumville Publishing Caledonian House, Tatton Street, Knutsford, Cheshire WA16 6AG, United Kingdom www.bulk-distributor.com CO2 and thereby polluting the environment. Black Bear recovers carbon black from used tyres in a clean and sustainable way. “Port of Rotterdam shows great appetite to facilitate our next plant and has a significant potential for optimisation and synergy of our technology within the Rotterdam industrial complex,” said Silvio Ghyoot, CEO of Black Bear Carbon. “We welcome Black Bear Carbon with its cutting-edge circular technology to Rotterdam. To bring our port and industrial complex in line with the Paris Climate Treaty we have to move towards circular production processes. Black Bear has a good fit with the existing chemical industry in Rotterdam,” said Port of Rotterdam Authority CEO Allard Castelein. Both parties will work together with local and national partners on the funding structure of a special purpose vehicle. Starting this new project at a promising location is considered the next important step in the roll-out. Black Bear says that when it reaches its full potential of repurposing every end-of-life tyre with its circular solution, it will reduce global annual oil consumption by more than 215 million barrels. After six years of testing and two years production experience, Black Bear is now ready to roll-out its concept worldwide and start producing on large commercial scale. B ULK D ISTRIBUTOR 19 Vesta Antwerp expands V esta Terminals is expanding its subsidiary Vesta Terminal Antwerp NV with 150,000 cbm for storage of (bio) jet fuel, gasoil or diesel. This will bring the total capacity at the Antwerp facility to almost 950,000 cbm. The expansion consists of five new tanks of 30,000 cbm each. Dedicated pipeline systems for (bio) jet fuel will be built to ensure product quality requirements. The capacity will be connected to the jetties and the CEPS pipeline system, connecting the terminal to most major airports in West and North-West Europe. To ensure that stringent quality requirements for jet fuel are met, the investment is compliant with the latest health, safety and environmental standards and includes investments in water draw-off and (multiple) filtering systems, additivation and round pumping systems. The terminal is a make and breakbulk location for liquid fuels (biofuels and petroleum products) and can handle product tankers up to 160,000 dwt. European jet fuel supply has been under increasing pressure due to growing demand and logistical constraints, the company explained, so more storage capacity is needed to meet this demand. Tanks and pipeline infrastructure will be built with maximum flexibility and allow the storage and handling of different grades and products simultaneously. Most of the capacity at Vesta has been built for multiple product use, reducing risk for customers in negative market structures. Vesta Terminals is a 50/50 partnership between Mercuria Energy Asset Management BV, Geneva and Sinomart KTS Development, of Hong Kong. I Squared buys stake in Rubis Terminal F rance-based Rubis is selling 45 percent of Rubis Terminal to global infrastructure investor I Squared Capital. The Rubis holding company previously held 99.4 percent of Rubis Terminal, which operates 13 facilities with a capacity of 3.5 million cbm across four countries (France, Belgium, The Netherlands and Turkey). The joint venture will accelerate Rubis Terminal’s strategic plan to strengthen its position within its current footprint, diversify its product offerings and explore potential expansion outside of Europe, the company said in a statement. Rubis will retain approximately 55 percent of the shares in Rubis Terminal and will jointly control Rubis Terminal alongside I Squared Capital. As a result of the change in governance, Rubis will no longer consolidate Rubis Terminal under the full consolidation method, but instead account for its ownership under the equity method. The existing management team will remain in place. The transaction values Rubis Terminal at €1 billion, or 11.2 times its 2018 EBITDA (including its 50 percent share of Antwerp), and will result in substantial deleveraging of Rubis’s balance sheet. As part of the transaction, Rubis Terminal has obtained a financing commitment from affiliates of JP Morgan, Crédit Agricole CIB and Société Générale for a refinancing of up to €425 million. The completion of the transaction is subject to anti-trust clearance in Europe and Turkey, and approval under the French foreign investments control. In the Alsace region of North East France, Rubis Terminal is teaming up with Elengy to launch preliminary studies for an LNG storage facility at Reichstett, near Strasbourg. The project is targeting the retail LNG needs of west-central Europe for the industrial and transport sectors. The planned site will be able to handle an annual volume of 85,000 tonnes of LNG. Its location will guarantee a competitive price to a vast area, including eastern France, Austria, southern Germany, and Switzerland, the two partners claim. Furthermore, the project will contribute to reducing road traffic and transport environmental impact as the satellite storage will be supplied by rail from one of Elengy’s terminals (Fos Tonkin or Montoir-de-Bretagne). Customers will then have their LNG delivered by trucks charged directly on the site. The facility will foster the connectivity between retail LNG infrastructures in Europe contributing to a secure LNG supply. Commissioning is scheduled for 2022. Sandra Roche-Vu Quang, CEO of Elengy, commented: “The co-operation with Rubis Terminal is in line with Elengy’s strategy to boost the development of the LNG as alternative fuel by bringing the supply closer to the clients. Elengy is pursuing its industrial ambition to offer innovative energy transition services, particularly for road transport.” Bruno Hayem, CEO of Rubis Terminal, added: “The development of LNG projects is part of Rubis Terminal’s approach to adapt its services and infrastructure to the changing energy demand.”