January 1994

Founding of Oiltanking Deutschland GmbH

Since 1989, the various Oiltanking subsidiaries outside Europe have been individual profit centers responsible for their own results. Oiltanking Deutschland GmbH is founded on January 14, 1994 to enable quicker, more flexible responses to changes in the German marketplace. Oiltanking Deutschland is a wholly-owned subsidiary of Oiltanking GmbH, under which all Oiltanking companies are grouped.

Oiltanking Deutschland GmbH has nine tank terminals with a total capacity of around 1.7 million cbm. They are located in Hamburg, Berlin, Hamm, Duisburg, Bendorf, Frankfurt, Karlsruhe, Honau and Gera.

After many years of negotiation, Oiltanking has received a building permit to expand the Gera tank terminal by about 100,000 cbm. The company is also involved in a joint venture with the company DS-Mineralöl to build a tank terminal in Bremen.