The terminal operations of France-based Rubis have grown into a 21.2 million profit, an increase of 11%.
In the second quarter, the main business activity at the Rubis Terminal centre, storage, measured in revenue, continued its growth at a sustained rate: + 10% in France and + 18% overall, including the Rotterdam business.
Over the first half of the financial year petroleum was up 8% led by biofuels and benefiting from new contracts, fertilisers (+ 33%) and oilseeds (+ 13%).
For the same period, wholesale revenues totalled 19.4 million.
Rubis recorded revenues of 211.50 million for Q2 2009, down 22%, largely due to nominal price changes and falling oil prices.
Overall, the group recorded a 15% increase in its overall business volumes for the first half of 2009; on a like-for-like basis, business was up by 5%, characterised by steady progress in the terminal business.
Rubis continued its industrial progress at a steady pace, both in market positioning and industrial performance, notably on the sites in Rotterdam and Antwerp.