Exolum has announced the construction of a new terminal for the storage of biofuels and other bulk liquid products in the Port of Bilbao, located on a plot adjacent to its facilities in Zierbena. The first phase of the project, which will require an investment of €20 million, will begin in 2025 and is expected to be operational in 2027.
This development will also expand the company’s range of services and its product storage and processing capacity in the region.
Construction phases for biofuels storage terminal
The construction of the new terminal will be carried out in several stages. The initial phase will include the construction of a dam with five tanks that will provide a total storage capacity of 29,000 m³. This infrastructure will be equipped with state-of-the-art safety and environmental protection systems, guaranteeing the sustainability of operations.
The new terminal will have port connection infrastructures from the beginning, which will allow inbound and outbound vessel operations and connection with other terminals, as well as with Exolum’s facilities in Zierbena and Santurce.
This additional capacity will allow Exolum to increase the versatility of its operational services, such as receiving and storing biofuels, and will allow the company to storage of biofuels and feedstocks and feedstock of various qualities, maintaining specific temperatures, blending, and loading or dispatching products to other terminals via vessels.
Likewise, in subsequent phases, capacity will be increased and services will be adapted to the specific requirements of each type of raw material, improving logistical flexibility. This approach will allow for greater efficiency in the handling of various products and facilitate adaptation to market needs.
Exolum and the energy transition
It is important to note that one of the pillars of Exolum’s strategy is the investment in logistics infrastructure in Spanish ports to support the energy transition to support the energy transition, guaranteeing efficiency and security of supply. The location in the port of Bilbao will turn this terminal into an important biofuels hub. biofuels and raw materials, creating synergies with other projects that Exolum is developing in the ports of Gijón and Coruña.
Its proximity to key Atlantic hubs, such as Rotterdam, Antwerp and The Hague, will also encourage the development of commercial activities and contribute to the growth of the industrial business associated with biofuels and feedstocks, supporting both the region’s refinery activities and other industrial plants.
Finally, Jorge Guillén, Regional Lead of Exolum’s Exolum in Spain, stated that this investment marks an important step in Exolum’s strategy of investing in Spain to develop and operate the logistics infrastructures that the new sustainable fuels require, advancing the objectives of the energy transition.
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Source: renewableenergymagazine
Photo: Shutterstock
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