Vopak is celebrating the opening of 16 new tanks with a combined capacity at its Vlaardingen terminal in the Port of Rotterdam, Netherlands. The tanks have a combined capacity of 64,000 m³ and are designed to store waste-based feedstocks for the production of biodiesel and sustainable aviation fuel. This step will help meet the rising demand for energy from renewable sources in Europe.
Vopak Vlaardingen has a long-term commercial agreement with Shell to store the feedstocks for Shell’s new biorefinery in Rotterdam. Shell’s biorefinery will be one of Europe’s largest sustainable aviation fuel (SAF) production facilities, producing SAF and renewable diesel from waste materials such as used cooking oil, waste animal fat, and other residual products.
In 2021, Vopak began repurposing part of its terminal for waste-based feedstocks that support the energy transition. €90 million has been invested by Vopak in new infrastructure, which further diversifies the Vlaardingen portfolio with state-of-the-art assets.
This project is in line with Vopak’s strategic goal to accelerate toward new energy by developing infrastructure solutions that support customers and society in decarbonisation. As previously announced, Vopak will accelerate its portfolio investments towards new energies and sustainable feedstocks by allocating €1 billion in growth capital to these activities by 2030.
Vopak hopes this strategy will help shape the future of its company, whilst also contributing positively to the energy transition.
