PRESSING ON

GROWTH • ADVARIO IS READYING ITS NETWORK FOR CHANGING DEMAND WITH NEW PROJECTS AND TANKAGE IN MAJOR PORTS IN NORTHERN EUROPE, SOUTH-EAST ASIA AND CENTRAL AMERICA

ADVARIO HAS MANAGED to gain a foothold in the crowded Rotterdam port space through an agreement to acquire a plot of land in the Botlek area from Aluminium & Chemie. The site will provide Advario with the opportunity to develop, build, innovate and operate the storage infrastructure its customers and partners need to successfully transition to cleaner energy. The 26-ha Aluchemie site is located close to the existing hydrogen and carbon dioxide pipeline networks. Its waterfront on the third Petroleumhaven gives quick access to Rotterdam’s main waterways. And lastly: the site is close to the operations of existing, valued partners Advario works with globally.

“We are very pleased to have secured this strategic location in the Port of Rotterdam,” says Bas Verkooijen, Advario’s CEO. “This is another important step in the delivery of our long-term strategy to play a frontrunner role in supporting the energy transition. The site’s strategic location, ample size, and waterfront access offer us an excellent opportunity to enter one of the leading energy and chemical hubs in Europe. Advario looks to develop a new and future-focused storage terminal in close cooperation with our customers, industrial partners, and the Port of Rotterdam.”

Aluchemie will now prepare the site for handover by demolishing and removing all above- and underground structures and remediating the soil. It is aiming to finish this work by the end of 2025, after which Advario will begin construction of its terminal for future fuels.

Build It Better

Elsewhere, Advario and Braskem Idesa have formalised their joint venture to build an ethane import terminal in Coatzacoalcos, Mexico. The 50/50 Terminal Química Puerto México (TQPM) project will have 100,000 m3 of storage capacity, a new jetty to handle ships of up to 100,000 dwt and a pipeline link to the nearby Braskem Idesa plant, which will use the ethane.

“We are pleased with the partnership and look forward to successfully developing the important terminal, and our long-lasting relationship with Braskem Idesa,” says Verkooijen. “This is another example of Advario’s commitment to partnership, and our focus on growth opportunities within chemicals, gases and new energies.”

And in Singapore, Jurong Port Tank Terminals (JPTT), a 60/40 joint venture between Jurong Port and Advario, has completed its phase 2 expansion, adding 330,000 m3 of new tankage to take total storage capacity for clean petroleum products up to some 580,000 m3

“The expansion of our state-of-the-art liquid bulk terminal is a significant milestone,” says Francis Nyan, chairman of JPTT. “Since starting operations in 2019, JPTT has supported the needs of our customers in the clean petroleum trading market and fortified Singapore’s position as a global energy and chemicals hub. With our partner Advario, we remain confident that JPTT’s expansion strengthens the integrated terminal network and enhances our overall value offering to the market, leveraging each other’s expertise and length of experience.”

Snehashish Chatterjee, vice-president, south-east Asia at Advario, adds: “We are extremely excited with the expansion of JPTT’s terminal capacity and commissioning. This significant achievement will enhance our capacity to support our partners with efficient transportation and storage solutions, while also fostering a more interconnected and collaborative industry ecosystem by leveraging the pipeline connectivity of Jurong Island. By providing greater access to the improved infrastructure and resources, we can foster better collaboration and greater synergy among industry players on the island, establishing ourselves as a frontrunner in the region.” advario.com