News

Tank Storage Magazine speaks with John Hoblyn, director at Valleytank, about celebrating expansion alongside a momentous anniversary 50th-anniversary celebrations finally took place for Valleytank, following postponement due to the pandemic. Founded in 1970, Valleytank now boasts 50 years of expertise and operations in the industry. Over the past five years, Valleytank has invested $9 million to…
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Flint Hills Resources, the main supplier of transportation fuel to Central Texas, has announced plans to build a dedicated pipeline to supply jet fuel to Austin Bergstrom International Airport. Austin is the largest airport in the country and relies on daily truck shipments for its jet fuel supply, instead of a pipeline. Flint Hills Resources has supplied transportation fuel from its Corpus…
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Horisont Energi and Koole Terminals have signed a non-binding memorandum of understanding to continue their collaboration to explore the potential development of a European carbon capture and storage (CCS) value chain. It is the intention of the parties to develop and market Gismarvik, Norway’s largest planned CO2 import terminal, with volumes anticipated to flow from a new CO2 export terminal,…
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Climate technology company, Heirloom has announced America’s first commercial direct air capture facility. The facility can capture up to 1,000 tons of CO2 per year, which will be sent for centuries-long storage in concrete to fulfill commercial removal purchases. Heirloom’s CEO and co-founder, Shashank Samala says: ‘The capacity of Heirloom’s limestone-based technology to capture CO2…
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Leading industry names come together for highly anticipated AntwerpXL later this month. Thousands of industry professionals will gather at the Antwerp Expo in the Port of Antwerp later this month for AntwerpXL, the world’s only event dedicated exclusively to the breakbulk, project cargo and heavy lift industry. The award-winning show, which takes place from 28-30 November, will feature…
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[caption id="attachment_39132" align="alignleft" width="300"] From: www.jornaldacidadeonline.com.br[/caption] On the morning of Monday 13 November, around 6:50 am, a large fire occurred in the Maxsul Combustíves warehouse, located on SC-480, in Chapecó, Brazil. The fire department was called to site to aid in the putting out of the fire. The blaze was captured on video and witnesses reported…
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Hande Cote, head of engineering at Johnson Matthey, came from an under-represented society. When she was a young girl in school, she experienced several power outages and studied under gasoline lamps. This made her want to alleviate both energy and water poverty – so Cote became an engineer. After studying engineering and completing her PhD, she couldn’t wait to start developing the products…
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[caption id="attachment_38331" align="alignleft" width="300"] Man holding earth globe hologram and icon of ECO and renewable energy. Ecological and renewable energy world concept. Eco concept, ecology, clean energy and environment. Limitless possibilities.[/caption] What's new in regulations and safety? Cyann Fielding reviews Hazards 33 in the UK Hazards33 took place at the NCC in Birmingham,…
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Daniel Strydom and Henrik Olsson from Stolthaven New Orleans discuss trends in the storage of renewable diesel and sustainable aviation fuel As companies pivot to greener operations, there is an ever-increasing demand for feedstocks. An increasing number of refineries in Louisiana are moving into the production of renewable diesel – typically requiring products like tallows, fats and used…
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TotalEnergies has signed an agreement with TexGen, a US based company to acquire for $635 million three gas-fired power plants with a total capacity of 1.5 GW in Texas. The three plants, which are connected to ERCOT (Electric Reliability Council of Texas), the second largest power market in the United States, consist of the following: The Wolf Hollow I plant with a 745 MW combined-cycle gas…
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Samsung C&T Corporation, headquartered in South Korea, has received certification from Det Norske Veritas (DNV) for its design of the world's largest liquid hydrogen storage tank. The tank, with a 40,000 m2 capacity, is equipped to store up to 2,800 tons of liquid hydrogen at incredibly low cryogenic temperatures of -252.8 degrees Celsius. This substantial capacity enables simultaneous…
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Terminal Quimica Puerto México has announced the conclusion of a project finance operation with a consortium of six institutions for $408 million (€381 million) and a $32 million (€29 million) L/C. This will contribute together with its shareholder’s equity for the complete funding of its cryogenic ethane terminal in Coatzacoalcos Mexico. ‘With that, TQPM construction which is at 48%…
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[caption id="attachment_32108" align="alignleft" width="300"] TÜV Rheinland[/caption] TÜV Rheinland has acquired HON Consulting Srl, a company specialised in functional safety and cybersecurity services for machinery and plants based in Prato, Italy, in a strategic move to strengthen its services in the non-statutory markets. The acquisition was completed on November 8, 2023, with TÜV…
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Implico has announced a supplier partnership with the leading representative of Europe’s bulk liquid storage sector, FETSA. FETSA represents over 140 companies across Europe and is the authoritative voice for the bulk liquid storage sector in Brussels. Their mission emphasises member interests including: Lobbying European institutions Highlighting the sector’s sustainable development …
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Celebrating 50 years of excellence, the experts at PALA Group share the secrets to a successful partnership and aboveground storage tank builds   In 1973, PALA Group embarked on a journey that would redefine industrial construction solutions. Today, PALA proudly celebrates 50 years of unwavering commitment to quality, safety, and innovation. From PALA’s roots in the Gulf Coast to…
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Indian Oil Corporation has announced its plans to expand the capacity of its liquefied natural gas (LNG) terminal located inside the Kamarajar Port, in Ennore, Chennai, India. The company aims to double the terminals capacity to 10 million metric tonnes per annum of LNG. This is because projected demand for LNG from the Ennore LNG Terminal is expected to increase beyond its present 5 MMTPA by…
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Fuel and tank storage risk-mitigation specialist LCM Environmental Services has completed its third acquisition of the year. The company has acquired North Yorkshire-based businesses Repair Protection & Maintenance Ltd and Sprayglass International Ltd. RPM is a supplier of tank lining, bund and advanced coating service specialist services, with an offering that complements LCM’s current…
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[caption id="attachment_38331" align="alignleft" width="300"] Man holding earth globe hologram and icon of ECO and renewable energy. Ecological and renewable energy world concept. Eco concept, ecology, clean energy and environment. Limitless possibilities.[/caption] Gasunie has successfully issued its first green bond, a loan of €300 million with a maturity of 9.5 years. There was a great…
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The Chemical Business Association (CBA), the voice of the UK chemical supply chain, has released results from the latest quarterly supply chain survey, with industry-wide respondents* reporting a decline in order books, sales and margins from the previous three months. Published for over 20 years, the survey has become a barometer for the sector, covering sales, order books and employment, as…
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International energy company, Occidental has announced that finance company, BlackRock will invest $550 million (€515 million) on behalf of clients in the development of STRATOS, the world's largest direct air capture (DAC) facility, in Ector County, Texas, US. DAC is a technology that captures and removes large volumes of CO₂ directly from the atmosphere, which can be safely and securely…
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