en.Wedoany.com Reported - LBC Tank Terminals has made a final investment decision for the Rainbow 5 Phase A expansion project at its Rotterdam terminal, which will add approximately 41,000 cubic meters of storage capacity.
The expansion project plans to build 14 storage tanks, increasing the terminal's total storage capacity from its current level to approximately 295,000 cubic meters upon completion. The project aims to replace aging assets with next-generation facilities to enhance safety, operational flexibility, and efficiency. The scope of work also includes constructing a second central truck loading station to accommodate growing truck traffic and laying new pipelines connecting to the terminal's existing dock infrastructure.
In terms of sustainability, Rainbow 5 Phase A will continue the principles adopted in previous phases, including material reuse and low-carbon construction methods. The project is expected to be commissioned by the end of 2028. This decision follows the recent delivery of Rainbow 3, which includes 36 storage tanks and a railcar loading station. LBC stated that Rainbow 5 Phase A is one of the first major expansion projects under its parent company MOL and part of a multi-year expansion plan serving logistics needs related to chemicals and the energy transition.
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