Mabanaft, a leading independent energy company, has announced an exciting development in its commitment to decarbonizing mobility. The company has successfully secured storage for its HVO100 (Hydrotreated Vegetable Oil) at VTTI’s ATPC terminal in the Port of Antwerp-Bruges, Belgium.
This strategic move not only strengthens Mabanaft’s position in the energy transition but also allows the redistribution of HVO across Germany and Europe, playing a pivotal role in driving sustainable mobility. This initiative aligns with Mabanaft’s proactive engagement in the energy transition, focusing on economically, environmentally, and socially responsible business practices.
HVO, a biofuel produced from waste and residue oils and fats, is a key component in the effort to decarbonize maritime transportation.
The collaboration with VTTI, a global leader in independent energy storage and critical energy infrastructure development, marks a significant step forward for both companies. VTTI, fueled by the purpose “Energy to Move Tomorrow,” is dedicated to providing safe and expanded access to energy, accelerating the transition to sustainable sources.
Mabanaft expressed enthusiasm for the partnership, anticipating a strong collaboration with VTTI in Antwerp. This venture not only underscores Mabanaft’s commitment to driving the energy transition but also highlights the importance of collaborative efforts in achieving a carbon-neutral future.
Mabanaft is a leading independent and integrated energy company. It provides its customers with innovative energy solutions for their transportation, heating and industrial needs. Mabanaft proactively engages in the energy transition and is committed to conducting its business in an economically, environmentally and socially responsible way. More than 100 companies belong to the Mabanaft Group, spread over three continents and three Business Units: BU Supply, Infrastructure & Trading, BU Marketing, and BU New Energy, Chemicals & Gas.
VTTI is a global leader in independent energy storage and develops critical energy infrastructure the world needs to move towards a carbon neutral future. Fueled by our purpose, “Energy to Move Tomorrow,” we safely provide and expand access to energy, including fuels, chemicals, gasses, and other energy derived products and accelerate the transition to sustainable sources for our customers and partners.
About Port of Antwerp-Bruges
Port of Antwerp-Bruges is a centuries-old double gateway to Europe and one of the biggest ports in the world. Follow us for the latest updates on how we’re working hard to become the port of the future, in tune with the world. We are the port authority. This means we play a key role in the port’s day-to-day operations, to make it function and grow. We manage and maintain the docks, the bridges, the locks, the quay walls and the land. We’re also responsible for safe shipping traffic there. Apart from that, we provide tugs and cranes, carry out dredging work and promote the #PortofAntwerpBruges at home and abroad. We have a strong focus on the future, with sustainable development, transition and resilience as our top priorities.