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Key Facts:
- Second largest independent operator of storage terminals for bulk liquid chemicals globally
- 13 terminals in North America, Europe and Asia
- 66.2% owned by CIF
- Acquired in June 2007
LBC Tank Terminal Group (LBC) is the second largest operator of tank storage facilities for liquid bulk chemical products in the world, with 2.8 million* cubic metres of storage capacity at key locations in the United States, France, Belgium, Netherlands, Spain, Portugal and China. In addition to tank storage facilities, LBC offers a range of value-added services, including blending and compounding of a range of technical additives and compounds.
Independent tank storage is an integral part of the chemicals supply chain and provides storage between production shipping and delivery for chemical producers and their customers.
LBC's revenues are mainly derived from rental fees for tank space availability (whether used or not) and a throughput charge for actual volume of product moving through a storage tank. LBC's revenue streams are based on long-term, highly integrated, partnership style relationships with a customer base comprising major chemical producers. Approximately 80% of current revenues are derived from storage and throughput contracts with guaranteed minimums and annual inflation and cost escalation clauses. The remaining 20% of current revenues are derived from the provision of value-added services associated with the storage and transportation activities.
* Represents capacity available and under construction.
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