Last week, Koole Terminals became the new owner of Odfjell Terminals Rotterdam.

The terminal will be rebranded to Koole Tankstorage Botlek (KTB). Located in the heart of the Port of Rotterdam, KTB stores both chemical and mineral oil products and operates a PID facility.

John Kraakman, CEO Koole Terminals: 'We are pleased to extend our terminal network and will work hard to transform KTB further into a state of the art terminal, where safety is our priority number one.'

Growth Strategy

The acquisition fits in Koole’s long term growth strategy and is to extend the company's position in the circular economy by the storage of renewable products and the production of biofuels. Koole’s overall storage capacity will increase from 2,2 to 3,8 million m3.