News
Dr Akihiro Wakabayashi, CTO of Critical Facility Group, looks at why tank fires and explosions are still happening and what can be done to reduce the risk
one of the biggest risks to external floating roof tanks (EFRT) is the exposure to potential tank rim fires and explosions. The occurrence of such incidents happens on a yearly basis in facilities around the world and causes significant impact…
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Chris van den Hooven from Hudson Cybertec explains how organisations can protect themselves against ransomware attacks
On 7 May 2021 a ransomware attack took down the Colonial Pipeline infrastructure. Ransomware is a form of malicious software designed to encrypt files on a device, rendering any files and the computer systems that rely on them unusable. Attackers then demand ransom in exchange…
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Tank Storage Award winner Toptech Systems explains what it can offer to the whole petroleum supply chain
In recent years, Toptech Systems has grown from being a solutions provider for terminal owners, to being a solutions provider for the entire supply chain (terminal owner, supplier, customer, carrier, and driver). Toptech has done this by expanding and improving its suite of products to…
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Adler and Allan’s Mike Prendergast and Burges Salmon’s Simon Tilling outline the legal and other implications of a spill and the importance of having an adequate emergency response plan in place
Site operators should be aware of the legal, as well as practical implications of a spill. Environmental and health and safety law imposes certain duties on site operators which, if not complied…
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CEA software can track, manage and visualise all integrated data sources
The process industry is waking up to the heightened importance data plays in reducing costs, maximising the value of assets, and increasing the competitive advantage in the market. As the industry continues to grow, so do the number of assets and the data associated with them. Managing asset data improves the possibility to…
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Allison Newell explains the importance of corporate social responsibility (CSR) and the tools and approaches needed for a truly diverse workplace
DR Allison Newell is an environmental, social and corporate governance (ESG) consultant with her own consultancy ESGenuine. She works with a number of tank terminal companies, and others, helping them to improve their corporate social responsibility…
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FGE’s Grayson Lim reports on the trends in Asia’s crude markets
The rapid economic development in Asia has resulted in strong oil demand growth in recent decades. In tandem with this, close to 13.3 million bpd of refining capacity was added during 2010-2020. Despite the current subdued state of refining business largely due to the COVID-19 crisis, around 3.1 million bpd of refining capacity…
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China’s economy weathered the COVID-19 storm but there are still pressures to face
China’s bounceback from the pandemic shocks of early 2020 was one of the few economic success stories of last year. This year, however, the world’s second largest economy has rattled global financial markets as long-running worries about the huge debts amassed by its commercial sector crystallised around the…
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Stolthaven Terminals president Guy Bessant tells Tank Storage Magazine about the company’s planned new terminal with Revivegen in Taiwan
Stolthaven Terminals recently announced that it has signed a letter of intent with Taiwanese company Revivegen Environmental Technology to build a greenfield terminal in Kaohsiung Port, Taiwan. The terminal will mostly handle and store petrochemicals and…
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Vopak India managing director Deepak Dalvi discusses the company’s partnership with Aegis Logistics for LPG in India
Vopak has been active in India since 2011, when it bought CRL Terminals at Kandla Port in Gujarat from a local operator, seeing the potential of the growing Indian market. The company owns two terminal sites in the country, a chemical terminal and a vegetable oils terminal, with…
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Kees Oerlemans from nVent explains how smart electric heat tracing systems and innovative tank insulation are helping tank farm owners react to changing demand
Seismic change is on the horizon for the chemical storage sector. For many years, the industry has relied on oil production as its main source of new investment streams. In 2020, however, this well-established trend was challenged. As a…
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US commercial drone company DroneDeploy has launched new tools for site inspection and 3D measurement, including the Walkthrough app, and a beta preview of its new Ground Robotics offering.
DroneDeploy 360 Walkthrough was launched in 2020, to capture 360 degree walkthrough images and document projects. The company has now launched this as a companion app for iOS. Engineers can capture conditions…
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US technology firm Emerson has introduced industry’s first valve assemblies that meet the design process requirements of Safety Integrity Level (SIL) 3 as specified in the International Electrotechnical Commission’s IEC 61508 standard.
The Fisher Digital Isolation final element solutions are designed as shutdown valves in critical safety instrumented system (SIS) applications. The new valve…
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Kees Oerlemans from nVent explains how smart electric heat tracing systems and innovative tank insulation are helping tank farm owners react to changing demand
Seismic change is on the horizon for the chemical storage sector. For many years, the industry has relied on oil production as its main source of new investment streams. In 2020, however, this well-established trend was challenged. As a…
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Dr Zsuzsanna Gyenes from the IChemE Safety Centre explains why you should only try to manage what matters, and not try to manage everything
Process safety and plant integrity can be supported by the thorough application for both lagging and leading indicators, or metrics. These are as useful as the knowledge of their practical application as well as the limitations.
What is very common for…
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Jess Twemlow from Ricardo looks at the six benefits for a business
A life cycle assessment (LCA) determines the environmental impact of a product at each stage of its life cycle. It looks at the impact of extracting raw materials for the product, the resources used during manufacturing, how it is distributed to the end-user, its impact when people are using it, and what happens after it has…
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Tim Doggett from the Chemical Business Association reviews the implications of the Rules of Origin for UK–EU trade for the chemical industry
the uk’s international trade figures over the last two years have been riding a rollercoaster as a result of Brexit, the end of the transition period, and the impact of the COVID-19 pandemic. The figures have shown what the Office of National Statistics…
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Steve Elliott from the Chemical Industries Association looks at how the UK chemical industry bucked the downward trend in 2020 and how it will continue to thrive
For the UK chemical industry, 2020 was meant to be a year of preparing for the end of the transition period between the UK and EU before getting to grips with our subsequent new trading relationship. Although this still transpired, it…
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Why the chemical industry needs to stay focussed on sustainability and flexibility in the supply chain
The last few years have been exceptional for all industries and there have been many trends and changes.
THE ENVIRONMENTAL FACTORS
The COVID-19 pandemic seems to have increased consumers’ concerns, not only for their own health, but the health of the planet. Increasing concern over carbon…
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Yogesh Mehta tells Tank Storage Magazine about Petrochem Middle East’s new terminal, the move into manufacturing, and a recruitment drive for fresh talent
Petrochem Middle East began life in 1995, and in the 26 years since, has grown to be the largest chemical distributor in the Middle East and the tenth largest chemical distributor in the world. It supplies industries including the…
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