Ergon Europe Announces Increased Storage Capacity

Tue., May 14, 2013

Waterloo, Belgium – Ergon Europe MEA, Inc. announced today that six tanks at the Sea Tank Terminal in Antwerp, Belgium, have been added to the company’s storage network. This addition has increased Ergon Europe’s overall storage capacity by more than 30% to 24,000 m3 (151,000 barrels). The newly leased storage units, which went online on January 1, 2013 have increased the company’s total number of tanks to 16.

Ergon Europe maintains a state-of-the-art, fully automatic terminal system at its facilities in Europe.

The additional storage will be used exclusively for Ergon's base, process and insulating oils. Per Klintstam, President of Ergon Europe, said, “Increasing our storage capacity is part of our long-term vision of growth. It affords us the opportunity to fulfill a growing demand in the region for Ergon’s dependable base, process and insulating oil products.”

About Ergon Europe, MEA Inc.
Ergon Europe, MEA Inc., based in Waterloo, Belgium, distributes base, process, and insulating oils to customers in Europe, the Mediterranean Sea area, the Middle East and Africa. Ergon Europe is a subsidiary of Ergon Refining, Inc.

About Ergon Refining Inc.
Ergon Refining Inc. (ERI) is the world’s largest producer of naphthenic specialty oils. The company supplies specialty oils to customers around the globe. ERI is a wholly owned subsidiary of Ergon, Inc.

About Ergon, Inc.
Ergon, Inc. is a privately held company and operates under six primary business segments: Refining & Marketing, Asphalt & Emulsions, Transportation & Terminaling, Oil & Gas, Real Estate, and Corporate & Other.

Contact Information:
Jim Temple
Director of Communications