LBC Tank Terminals

Shell and LBC Tank Terminals sign agreement

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).