Liquid energy storage and logistics provider, Advario B.V, has announced it has signed a sales and purchase agreement with anode producer, Aluchemie.
The agreement sees Advario acquire Aluchemie’s land lease. Establishing a presence in the Port of Rotterdam, at the heart of the Botlek area, Advario looks to develop the storage terminal for the energy products of the future, together with its partners.
The new site in Rotterdam provides Advario with the opportunity to develop, build, innovate and operate the storage infrastructure its customers and partners need to successfully transition to cleaner energy. Aluchemie will prepare the site for handover by demolishing all structures above and underground, and by remediating the soil. The target date for completion is 31 December 2025, after which Advario can start construction at the site.
Bas Verkooijen, Advario CEO says: ‘We are very pleased to have secured this strategic location in the Port of Rotterdam. 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.’
‘As Advario plans to turn this large site at the heart of the port into a state-of-the-art storage facility for the energy, fuels, and chemicals of the future, we are pleased with Advario’s acquisition of the site. We expect that Advario’s activities will facilitate the transition of the Rotterdam port and industrial complex to become net zero by 2050. The Port of Rotterdam therefore looks forward to working together with Advario,’ adds Allard Castelein, CEO Port of Rotterdam.
