Oils, lubricants and additives company, Liqui Moly, has broken ground for a tank storage development at the port of Dilligen in Germany.
About €8 million has been invested into the project which will see ten storage tanks built providing 18,000m³, or 18 million litres, of capacity.
The company says it needs the extra storage in order to meet demand because business has been growing steadily over the past year. Also, Liqui Moly believes it will be more resistant to oil price fluctuations if it increases its capacity.
It is expected about five to eight truckloads of fuel will be delivered to the terminal each day when it opens, transported from an oil factory in Fraulautern.
The tanks will be monitored electronically for potential leaks and built in a catchment basin with walls 8” high.
More than 30 jobs are expected to be created thanks to the development.