02 May 2013
LBC Marseille has moved its office location in Marseille to LBC’s terminal in Lavéra. This move is effective as of 2 May 2013 and the address is:
LBC Tank Terminals
Route du Port Pétrolier
20 March 2013
LBC Tank Terminals today announced that Brett Simpson, LBC Group CEO, has appointed Mike Reed as President of LBC's Americas Regional Business, effective April 1st, 2013.
In this function, he will be responsible for the region's commercial activities including LBC's ambitious growth plans for Houston and Sunshine terminals.
In addition to his role as Regional Business President, Mike will also join LBC's Executive Leadership Team.
Mike joins with in excess of 20 years' experience working across a range of oil and chemical product industries. Throughout his career Mike's experience has focused on commercial activities closely aligned with operations, ultimately leading business units to achieve strategic commercial excellence supported by first class customer service.
More recently Mike has spent the past 6-years working for NIC Holding Corporation, a terminaling and trading business focused on the storage, blending and distribution of petroleum and biofuels products. Mike's role has been primarily to lead and direct business development and trading opportunities across the firm's bio diesel business. Brett Simpson, Chief Executive of LBC said, "Mike will be a great addition to LBC's executive team. We are confident his broad commercial experience, sense of drive and his outstanding record of previous achievements will compliment LBC's deep expertise in chemical products and the Group's ambition for growth".
28 February 2013 - Chicago
CN (TSX: CNR) (NYSE: CNI) announced today it will increase shipments of heavy northern Alberta crude oil through LBC Tank Terminals’ expanded terminal at Sunshine, located within the Geismar, La., Industrial Complex, starting in March 2013.
The new service is part of CN’s plan to develop new markets for northern Alberta crude oil on the east side of the Mississippi River near the Gulf of Mexico. CN is also moving chemicals from the Chicago area to the LBC Tank Terminals facility at Geismar, which is home to a large concentration of petrochemical industries.
Russ Crawford, vice-president, marketing, Americas, at LBC Tank Terminals, said: "The expansion of the Sunshine storage capacity by 160,000 barrels, with additional rail unloading spots, steaming spots and increased storage capacity, is another step in our long-term global growth program. It will help us accommodate the rise in customer demand as a response to the growth in the movement of heavy crude oil and fuel oil products. CN’s service to our facility is a key part of our growth plan."
LBC Tank Terminals’ Sunshine facility is located near two of the largest heavy crude refineries in Geismar and various pipeline assets and marine terminals.
Jean-Jacques Ruest, CN executive vice-president and chief marketing officer, said: "Louisiana terminals on the east shore of the Mississippi River are a good fit for heavy crudes. CN is the natural supply chain partner to help connect northern Alberta with desirable markets on the U.S. Gulf coast."
"CN provides direct, efficient single-line service from northern Alberta to the Gulf Coast, and we are pleased to be working with companies such as LBC Tank Terminals to move heavy crude oil volumes to the Gulf for our customers. Crude oil by rail is one of CN’s fastest growing businesses. We moved more than 30,000 carloads of crude last year, and we believe we have the scope to double this business in 2013."
The expansion of the LBC Tank Terminals Geismar facility is expected to be completed by October 2013 and will eventually result in total storage capacity of close to three million barrels.
20 February 2013
LBC Tank Terminals has completed the first new bitumen facility for Shell in its LBC terminal of Nantes, with a capacity of 12.000m3. The first shipment of bitumen was received in January, one month ahead of completion.
These new state-of-the-art facilities will allow blending and loading for the full range of penetration grades. Operations will be automated, allowing ships to be unloaded within less than 10 hours and a dozen of trucks loaded within 1 hour. The Nantes new facility can handle up to 32 KT of bitumen per month.
LBC Tank Terminals is the only global independent storage provider offering bitumen storage capacity in France. Total bitumen capacity offered by LBC in the region is currently 33.900m3 serving the areas of Nantes, Bayonne and Marseille.
Additional capacity will be available soon with the launch of a new depot of 14.000m3 for Shell in Bayonne.
Over the longer term, LBC’s strategy is focused on growth. Within France this will be achieved through further development of the group’s existing facilities at each of its French operations
About LBC Nantes
LBC Nantes terminal is dedicated to the storage of bulk liquids. The facility is already fully equipped to store Bitumen, Caustic Soda, Palm Oil, various blends of Molasses, Sulphuric Acid, Fertilizer and Lubricants. Today total capacity stands at 42.765 m3.
Nantes is ideally connected to highways and the rail network and is the ideal platform to distribute liquid non-flammable products from the North West of France. The terminal is ISO 9001 and HACCP certified.
About LBC Tank Terminals
LBC Tank Terminals Group has 14 storage terminals located at ports in Europe, USA and China. This network of storage terminals offers a total of 2.8 million m3 of storage capacity and a wide range of value added services.
Our storage terminals are suitable for handling a wide range of liquid products such as chemicals, specialty mineral and vegetable oils, feedstock and finished petroleum products.
About Shell Bitumen
Market leader in bitumen over 85 years, Shell Bitumen's mission is to offer its customers a portfolio of innovative products, with services tailored to their needs.
Shell's commitment is to produce, transport and deliver to its customers the quality of bitumen they need, at the right temperature, where and when this is necessary. The network that Shell Bitumen has set up at European level, with refineries, terminals and depots, responds dynamically to this mission by absorbing issues of demand, production and seasonality.
10 January 2013
LBC Tank Terminals has moved another step closer to expanding its Bayport Terminal in Seabrook Texas.
The Port of Houston and the Army Corps of Engineers have completed their review of the permits and have approved the addition of a marine ship dock and two barge docks. On completion of these facilities, the Bayport terminal will have a total of 4 ship docks and 7 barge docks.
In addition to these state of the art marine facilities, LBC will begin construction of new storage capacity, adding in the range of 3 million to 4 million barrels (477 000 to 636 000 m3) targeting both the chemical and petroleum industries. Once completed, the additional capacity will increase the Bayport site to approximately 10 million barrels (1 600 000 m3). New truck and rail loading facilities are also a key part of these expansion plans.
LBC's terminal in Bayport is conveniently located in the Bayport Industrial Complex in Seabrook, Texas and is the first stop for all ships tendering through Galveston Bay (Houston Gulf).
28 September 2012
LBC Shanghai has received an award for its excellent economic and export performance by the Shanghai Municipal Commission of Commerce and the Shanghai Association of Enterprises with Foreign Investment.
This is the 5th time the business has received this award, since 2006.
LBC is one of over 1 200 foreign invested enterprises in the region, managing volume imports and exports in excess of (US) $10 million. The award continues to underpin LBCs commitment to first class quality and service for its customers and marks the firm's broader commitment to invest across the region.
10 September 2012
LBC Group today confirms that a consortium advised by Access Capital Advisers (Access) comprising Dutch pension fund asset managers APG Algemene Pensioen Groep N.V. (APG), PGGM (through its PGGM Infrastructure Fund 2012) (PGGM) and Australian superannuation investors has completed its acquisition of the remaining 70% of LBC Terminals Jersey Limited (LBC) from Challenger Infrastructure Fund and Challenger Life. This follows the parties signing a binding sale and purchase agreement on 4 June and obtaining European Commission clearance earlier this month.
The move marks a significant endorsement for LBC Group's long-term ambitions for global development and growth. LBC Group CEO, Brett Simpson, commented "I am very excited to see this transaction close. Our new shareholders share our group-wide vision for growth and fully support our drive to accelerate our ambitions."
To view the full press statement from Access Capital Advisers [Press Here]
11 - 13 September 2012
LBC Tank Terminals will be attending the 28th annual Asia Pacific Petroleum Conference in Singapore, and are again confirmed as gold sponsors.
The event, which has become one of the most important annual forums for the pan-Asian oil and gas industry, is attended by industry executives, experts and practitioners.
This year, LBC’s Asian team, led by Peter Lim, Anthony Ho and Shelley Yang, will be supported by LBC’s Group CEO Brett Simpson and Group Director of Strategic Development, Dr Simon Madgwick.
22 August 2012
LBC Tank Terminals has announced plans to expand its operations at its Baton Rouge terminal, located in the Geismar Industrial Complex, on the Mississippi.
This expansion is another step for LBC Group’s long-term global growth program; continuing to build out its USA facilities. Construction in Baton Rouge has already started with permitting of the first tanks and will eventually include 3 million barrels of additional storage capacity, as a response to the growing demand for tank storage in the area.
The site's rail facilities are also being further enhanced with the building of additional rail unloading spots, steaming spots and increasing rail storage capacity to meet the rise in customer demand as a response to the growth in the movement of heavy crude oil and fuel oil products.
LBC’s investment drive in the Baton Rouge site is extensive, including plans for another 4 carbon steel storage tanks, capable of handling truck, rail and marine movements. Plans are currently being finalized, with the first 2 tanks expected to be operational in April 2013.
21 July 2012
Located in the center of the second largest chemical cluster worldwide, LBC's Antwerp terminal is a key component in LBC's ambitious strategy for international growth. Recognizing the importance of the site to its multi-national customer base, LBC has announced plans to expand its operations, increasing capacity by 41 000 m3.
Today, LBC Tank Terminals offers a global storage capacity of 2.8 million m3 across its international network of terminals in Europe, USA and China; delivering storage and handling solutions for a range of liquid products, including chemicals, base oils, vegetable oils, mineral oil and petroleum products.
The new storage capacity, due for release later this year, will be realized by the construction of a new tank pit with seven mild steel tanks ranging in size between 5 000 and 6 000 m3. Significantly this ISO 9001:2008, ISO 14001:2004 and CDI-T accredited terminal will further maximize on the site's existing and comprehensive infrastructure catering for the transportation of products by water, road and rail, offering customers complete logistical flexibility.
All of the new tanks will have dedicated product lines connected to a 568 m quay that is capable of serving two sea-going vessels and three barges simultaneously, 24/7. In a bid to further optimize loading/unloading cycle times, the new tank pit will be equipped with a dedicated truck loading station and weighbridge, allowing simultaneous truck loading.
Construction works are well underway, with the build project on schedule to release the first 12 000 m3 of capacity on 1 September 2012. The remaining capacity will be operational from 15 November 2012. Once completed LBC's Antwerp terminal will offer a total storage capacity of 270 000 m3, an increase of 18%.
LBC Antwerp's day-to-day core activities are primarily focused on the storage of base oils and chemicals in addition to the provision of value adding services such as blending and drumming. The additional capacity at the site will be largely dedicated to the storage of similar products.
29 February 2012
Shell and LBC Tank Terminals have signed an agreement for the construction and operation of two bitumen storage facilities to be located at the LBC terminals in Nantes and Bayonne, both in France. The facilities are expected to be operational as from February 2013.
Shell intends to maintain its leadership in bitumen distribution in France and to offer long term security of supply to its customers.
LBC's strategy aims for growth and sets out to further develop the existing facilities in France at the LBC terminals in Le Havre, Nantes, Bayonne and Marseille/Lavera. LBC is currently the only global independent storage provider offering bitumen storage capacity in France. After completion of the two new units, LBC will have 5 bitumen facilities in France.
About Shell Bitumen
For more than 85 years Shell has been one of the leaders in bitumen products and service innovation and the company is focused on developing a world class portfolio of bitumen products and services designed to address emerging needs.
Shell is to producing, transporting and delivering to customers the quality of bitumen they need, at the right temperature, where and whenever required. The Shell Bitumen network is set up at a European level, with refineries, factories, depots and terminals, and able to responds dynamically to this mission by overcoming any issues of demand, production and seasonality.
This network is organized around three major regions of Europe: France and Benelux, DACH / CEE (Germany, Austria, Switzerland / countries of Eastern Europe), Nordic / UK (United Kingdom, Norway, Denmark).
18 June 2010
LBC Tank Terminals today announced that Brett Simpson LBC Group CEO and the LBC Board has appointed Mr Lucas Barry as LBC's Chief Financial Officer.
Lucas joins LBC after 16 years in the financial services sector and seven years at Challenger specialising in infrastructure for the last five years. Prior to Challenger Lucas was a Senior Manager in KPMG Assurance & Advisory Practise. Lucas's most recent role has been CFO of Challenger Infrastructure Group.
Lucas has been CFO for Challenger Infrastructure Fund since the IPO of CIF and has played an active role in the management, growth and expansion of LBC among other assets within the fund and brings with him a wealth of experience and knowledge.
Lucas successfully led a number of finance teams within both Challenger Infrastructure Fund and KPMG. He is responsible for delivering substantially improved transparency in the reported earnings and value drivers of CIF and its assets to CIF's investors as well as numerous capital raisings, acquisitions and transactions. Lucas' appointment will be effective from 1 September, 2010.
Brett Simpson, Chief Executive of LBC said, "I am delighted to announce the appointment of Lucas to complement LBC's management team. Lucas' vast knowledge and longstanding relationship with the management team here will be a key driver in ensuring LBC successfully delivers on its significant growth aspirations."
3 June 2010
LBC Tank Terminals announced today that, effective 1 June 2010, the company will relocate its headquarters from Paris, France to Mechelen, Belgium as part of an ambitious and accelerating business strategy to better serve customers and support future growth. The move also underscores the company's expanding global position as the preferred global provider of bulk liquid storage solutions and reflects LBC's continued evolution as a customer-focused organization.
"LBC's move to Mechelen is critical to the success and growth of our business as the preferred global provider of bulk liquid storage solutions" said Brett Simpson, chief executive officer, LBC Tank Terminals. "It clearly demonstrates our strong and unyielding commitment to our customers and is a major milestone for us as one of the leading independent operators of tank storage facilities in the world."
The new Mechelen location is close to the ARA (Amsterdam, Rotterdam and Antwerp) main port area, which will enable LBC to attract suitably qualified individuals for its headquarters operations. Mechelen is located between Amsterdam and Paris, with excellent TGV connections to both cities. Moreover, the new headquarters is close to Brussels Airport, with a new even faster rail-link currently under construction, and connected to Europe's extensive motorway network. From this location, LBC will direct global operations through its robust international portfolio of high-quality terminals in Europe, Asia, and the United States. All of LBC's terminals are fully networked to maximize the company's global reach, customer service and overall effectiveness.
One of the company's key objectives is to build a strong new team at the new headquarters, to further develop the strategy and support ambitious plans for growth. These include driving an ambitious growth plan through Brown Field and Green Field developments, acquisitions, joint ventures, strategic partnerships and other business initiatives. All of these will be supported by a coordinated and centralised LBC group approach.
"Our relocation to Belgium comes at an excellent time to take full advantage of the economic recovery and the opportunities that are starting to present themselves," Simpson said. "We are confident that we made the right move at the right time to enable LBC to provide enhanced storage services and to deliver the top-quality support our customers expect of us."
14 September 2009
Leading international tank storage group LBC Tank Terminals has announced the appointment of Brett Simpson as its Chief Executive Officer. Mr. Simpson was appointed on 1 September 2009.
Brett Simpson graduated as a chemical engineer from Monash University, Melbourne and holds an MBA from Columbia Business School, New York. Prior to joining LBC Tank Terminals, he worked for Dow Chemical Company, where he spent 20 years gaining extensive experience in engineering, operational, commercial and business management roles. He successfully led a number of divisions, joint ventures and M&A projects across the globe in many locations, including USA, China, Switzerland, Hong Kong and Australia.
Mr. Simpson succeeds Mike McKinney, who has been acting as Interim Chief Executive Officer. Mr. McKinney has now resumed his role as President and Chief Operating Officer for LBC Tank Terminals USA.
In a first statement, Mr. Simpson has indicated that LBC Tank terminals will continue to strongly focus on Safety, Health, Environment and Quality (SHEQ) as well as customer service and growth.