Storage Outlook 2026: LBC Tank Terminals

Radboud Godron, group business development director new energies & Dewien Jagmohan, commercial and business development director Europe see what is in storage for the company in 2026 The year 2025 marked a pivotal chapter in the journey of LBC Tank Terminals. With the acquisition by Mitsui O.S.K. Lines (MOL Group), one of the world’s largest and most respected shipping companies, LBC has entered a new era of strategic growth and global integration. This acquisition strengthens MOL’s chemical logistics capabilities by adding tank storage to its portfolio and unlocks a wealth of operational and commercial synergies. Together, MOL and LBC are poised to expand their reach and impact, particularly in emerging sectors such as new energies, where innovation and sustainability are key. Navigating Change While we look forward to a promising future with our new shareholder, we remain acutely aware of the broader challenges facing the European petrochemical industry. The sector continues to experience significant headwinds, with news of plant closures surfacing almost weekly. Millions of tonnes of production capacity have been shuttered, and new investments are scarce. The industry...