October 2018

Oiltanking Antwerp Gas Terminal Further Expands Its Site with the Construction of a New Propane Tank

Oiltanking Antwerp Gas Terminal will build a new 135,000 cbm propane storage tank to supply the Borealis production facility in Kallo, Belgium. Borealis will construct a new world-scale propane dehydrogenation (PDH) plant in addition to its existing facilities in Kallo. Commissioning of the new PDH plant is scheduled for the beginning of 2022.

Oiltanking Antwerp Gas Terminal already is a long-term logistics partner of Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers. As part of the agreement, Oiltanking Antwerp Gas Terminal expands its partnership for handling and storing more propylene and propane, further strengthening its position as an integrated partner of the petrochemical industry.

Oiltanking Antwerp Gas Terminal’s successful development thus continues. Only two years ago, in mid-2016, Oiltanking acquired the Antwerp Gas Terminal, and accelerated working on the enormous expansion potential. In early 2017, a contract was signed for the construction of a 135,000 cbm fully refrigerated butane tank that will go into operation in 2019. Together with the newly planned propane tank, Oiltanking Antwerp Gas Terminal will have almost tripled its current capacity.