Hydrogen take-over: LBC's Acquisition of Evolution Terminals in North Sea Port

LBC Tank Terminals has completed the full acquisition of Evolution Terminals in Vlissingen. LBC plans to further develop its new facility into a key hub for the storage and distribution of sustainable products for the energy transition. The investment in a liquid terminal for low-carbon hydrogen represents a major step in expanding the hydrogen cluster within North Sea Port. Expected to be operational by 2028, the terminal, which will include a cracker, will provide a significant boost to the development of the hydrogen network across both the Netherlands and Belgium. You can read more about it on the website of North Sea Port.