News
FETSA’s Ravi Bhatiani explains the main points of the European Commission’s Fit for 55 package
In July 2021, the European Commission released a set of policy measures called the Fit for 55 package. This includes mostly legislative measures to prepare the EU to achieve a 55% reduction (compared to 1990 levels) in greenhouse gas emissions by 2030.
The measures are likely to affect throughput…
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Wiko’s Whitney Helbers talks us through her journey from a little girl transfixed by Rotterdam’s industrial lights to selling industrial services to tank companies
WHITNEY HELBERS is the first to admit that her interests as a child were not necessarily what might be expected.
‘I was always fascinated by industry. When my parents asked me what I wanted to do, I didn’t choose petting…
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Anthony Catachanas explains why a sustainability fund bought two storage terminals in the US for the cross-border market in Mexico
In May 2021, Victory Hill Global Sustainable Energy Opportunities (GSEO), bought two operating storage terminals in Brownsville, Texas, US, for US$61 million (€52 million).
The terminals store high-sulphur, more polluting fuels from Mexican refineries, from where…
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Colonial Terminals president Ryan Chandler looks back on 100 years of the Colonial Group and what makes it successful
On 21 July 1921, Raymond McAllister Demere stood on East Charlton Street in Savannah, Georgia, US, with his first 55-gallon barrel of oil, with a view to supplying fuel to the ‘horseless carriages’ that were rapidly growing in popularity. The young man had returned from the…
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Chemical company Solvay has launched a next-generation shortstop inhibitor solution to prevent runaway polymerisation in acrylic and methacrylic acids, esters and other monomers whilst in storage and being transported.
When stored incorrectly, runaway polymerisation and uncontrollable reactions can occur in such feedstocks, generating large quantities of heat which can result in fire, explosion…
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German cleantech company Hydrogenious LOHC Technologies has raised €50 million to further develop its proprietary liquid organic hydrogen carrier (LOHC) technology.
In its most recent funding round, which the company says was oversubscribed, JERA Americas and Temasek led the round, joining Chevron Technology Ventures and Pavilion Capital in investing in the company for the first time. Existing…
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2021 is a fascinating year – in many perspectives. One aspect is that the long-established lead of East
of Suez markets in oil demand growth is temporarily broken, as the Atlantic Basin has established itself as the more dynamic market since spring.
Peak summer road fuel demand glued well with the structural recovery from the pandemic, boosting crude import requirements into North America and…
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Industrial Internet of Things (IIoT) specialist TWTG will provide its NEON vibration sensors at Shell’s Pernis Refinery in the Netherlands after winning the tender.
TWTG has already delivered the first 100 LoRaWAN-based NEON vibration sensors to the refinery. The company says that the project will demonstrate the benefits that condition-based asset monitoring can bring to industrial sites, by…
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Emerson has a broad portfolio of automation technology solutions to support terminal operations, and at ILTA 2021 its Rosemount Tank Gauging business unit will showcase the benefits of the new Rosemount TankMaster Mobile inventory management software application for tank gauging systems.
The application, launched earlier this year, makes real-time critical tank data immediately and securely…
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Vostock Capital has compiled the free-to-download report on the largest investment projects for oil storage, transshipment, and processing.
The report was prepared prior to Vostock’s 16th annual conference, Tank Farms and Oil Terminals: operation, modernisation, development, to be held on 24-26 November 2021, in St Petersburg, Russia.
The report with the full list of investment projects is…
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US paint and coatings business Sherwin-Williams has bought the European industrial coatings business of Swiss company Sika.
Sika's European industrial coating business, based mainly in Germany, develops and manufactures corrosion protection coating systems for high value interior and exterior steel infrastructure, such as bridges, airport and rail, wind and energy, chemicals, power transmission…
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Avalara Tax Connector 1.0, an excise tax calculator developed by digitalisation specialist Implico and tax -software developer Avalara, is now SAP certified for integration with SAP S/4HANA and SAP S/4HANA Cloud.
Avalara Tax Connector 1.0 combines the tax tool AvaTax Excise with the SAP ERP system, allowing automated excise tax calculation for North American energy suppliers, distributors,…
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Leading global integrity solutions provider Rosen Group has established its own hydrogen testing capabilities at its Lingen, Germany, location.
The energy industry as a whole has come to realise the potential of hydrogen as a viable alternative to fossil fuels. However, this hydrogen economy cannot function without a safe and efficient infrastructure.
A large part of hydrogen transportation…
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Saskia Huber looks at the drivers for storage tank demand and how Linde’s advanced PAW welding technology can helpthe global storage tank market, valued at US$12.56 billion (€10.49 billion) in 2019, is set to grow at a rate of 3.85% per year to US$16.87 billion by 20271. This increase is being driven largely by rapid population growth, urbanisation and the ever-greater demands for energy and…
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Moving from the dark to the light, with RLG’s Pat Stanton
The planning, execution, and management of tank maintenance is a major cost-driver for the refining, petrochemical, and terminal storage industries. The reality is that tank maintenance performance in these areas has historically been poor. A systematic and controlled approach to improving tank maintenance team performance is needed to…
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Jeff Conroy from Authentix discusses the challenges and possible solutions for the quality assurance and source integrity of renewable biofuels
Increased reliance on biofuels to meet mandated greenhouse gas (GHG) reductions is increasing demand. Aside from the impact increased biofuel levels have on the ease of storage of the blends, the efficient running of a combustion engine, and the lower…
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Christophe Bordeleau runs through Eddyfi Technologies’ inspection services
when it comes to testing, sampling, and data collection activities within storage tanks, the industry has undoubtedly witnessed the trend towards increased productivity offered with robotic solutions. In an age where the ‘by hand or unmanned’ question is being asked more and more with the heightened priority towards…
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Eva Ravn Nielsen from Ramboll says that the switch to green hydrogen and electrofuels is starting now and will dominate from 2030 and onwards. She looks at storage and production options, and uses
On 14 june 2021, the plans for kickstarting the transition from fossil fuels to renewables of all shipping in the Baltic Sea region were announced. The new fuels may be green ammonia, methanol or…
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How BASF is now using both robitics and digitalisation to improve maintenance and inspection
THE BASF group is the largest chemical company in the world. The six major segments (chemicals, materials, industrial solutions, surface technologies, nutrition & care, and agricultural solutions) supply a whole range of chemical products and solutions to all kinds of industries.
The BASF group has a…
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Gert Jørgensen from Inrotech tells Tank Storage Magazine about the benefits of using small, mobile crawler robots for large, vertical welds on storage tanks
WHAT WERE THE ORIGINS
OF INROTECH?
We were born out of the shipbuilding industry. Here in Odense in Denmark there was a shipyard owned by Maersk, that was recognised as the most automated shipyard in the world. The founder of…
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