CPA ups storage at Lavera site
Compagnie Parisienne des Asphaltes (CPA; Paris) and its subsidiary Pacsud -owned 65% by CPA and 35% by Shell Chimie (Paris) - have inaugurated their new chemicals storage site at Lavera, France, in the Europort South complex near Marseilles. The facilities, with 60,000-m.t./year capacity, also include a barreling plant that will have output of up to 250 bbl/hour when it comes onstream next spring. Total investment for these facilities amount to F122 million ($22.5 million), including F22 million for the barreling unit. CPA, France's number two storage specialist, after LB Chimie (Paris), is jointly owned by investment company Union Normandie (60%), Elf Aquitaine (Paris; 20%), and Total (Paris; 20%). Adding to its existing French storage sites at Dunkirk and Rouen, CPA says it decided to build on the Pacsud venture because it considered it attractive to invest in the petroleum and petrochemical complex of Fos-Berre-Lavera, particularly since the present trend in the oil and chemical industries is to subcontract all ancillary functions, especially logistics. CPA general manager Rafic Charles Rathle says that customer requirements and the role of the service provider are changing. With that in mid, CPA, in addition to providing storage terminals, converts its depots into distribution and packing centers. At Lavera the company has taken over storage, blending, and barreling operations for Pacsud and its direct customers. For example, Pacsud has a long-term contract with Shell Chimie for the latter's additive production at a 10,000-m.t./year rate. Another long-term contract is being negotiated, but the identity of the customer was not revealed.
- OSTI ID:
- 6937383
- Journal Information:
- Chemical Week; (United States), Vol. 151:22; ISSN 0009-272X
- Country of Publication:
- United States
- Language:
- English
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