Taulov Storage Company to Expand Industrial Terminal Capacity in Denmark with Landmark 15-Year Ethane Storage Agreement
Taulov, Denmark – 27 August 2025 – Taulov Storage Company, a leading provider of bulk liquid storage and energy transition infrastructure in Northern Europe, today announced a positive final investment decision to expand its industrial terminal capacity at the Port of Esbjerg by constructing 150,000 cubic metres of new tank infrastructure to support the import and storage of ethane.
The company’s joint venture, Nordic Terminal, has signed a 15-year contract with Nordic Chemicals A/S, a major European chemicals company, for the long-term storage and handling of ethane.
Tank capacity: 150,000 cubic metres
Expected completion: 2029
Investment: EUR 120 million over the next four years
Ownership of Nordic Terminal: Taulov Storage Company – 33%
Purpose: Secure long-term ethane supply for petrochemical crackers, enhance feedstock security, and improve cost competitiveness
Environmental benefit: Ethane has a lower carbon footprint than conventional feedstocks such as naphtha
The new ethane infrastructure will:
Strengthen Denmark’s leadership in sustainable chemical production
Provide reliable long-term feedstock supply for Nordic Chemicals
Support energy transition and low-carbon operations in the region
Generate accretive operating cash returns upon commissioning
Nordic Terminal is a joint venture between Taulov Storage Company, Nordic Chemicals A/S, and Scandinavian Energy Holdings. It provides storage and logistics infrastructure for liquid chemicals and gases at the Port of Esbjerg, Denmark’s largest industrial port. The terminal ensures safe, efficient, and reliable operations for industrial and energy clients.
Founded in 2005, Nordic Chemicals A/S is a leading integrated petrochemical company in Northern Europe. The company specializes in ethane-derived chemicals, olefins, and other feedstocks. With operations in 18 countries, Nordic Chemicals focuses on innovation, sustainability, and efficiency, aiming to lead in low-carbon chemical production.
Taulov Storage Company provides storage and infrastructure solutions for industrial liquids, chemicals, and energy products across Northern Europe. The company operates terminals in Denmark, Germany, and the Netherlands, supporting customers with reliable, safe, and efficient storage and handling. Taulov invests in hydrogen, ammonia, CO₂, battery storage, and low-carbon fuels to drive the energy transition and sustainability.
Key Project Facts and Financials
Metric Value
Terminal capacity (new) 150,000 cbm
Expected commissioning 2029
Total investment EUR 120 million
Taulov ownership in Nordic Terminal 33%
Contract duration with Nordic Chemicals 15 years
Estimated annual operating cash return ~8% post-commissioning
Taulov, Denmark – 27 August 2025 – Taulov Storage Company, a leading provider of bulk liquid storage and energy transition infrastructure in Northern Europe, today announced a positive final investment decision to expand its industrial terminal capacity at the Port of Esbjerg by constructing 150,000 cubic metres of new tank infrastructure to support the import and storage of ethane.
The company’s joint venture, Nordic Terminal, has signed a 15-year contract with Nordic Chemicals A/S, a major European chemicals company, for the long-term storage and handling of ethane.
Project Overview
Tank capacity: 150,000 cubic metres
Expected completion: 2029
Investment: EUR 120 million over the next four years
Ownership of Nordic Terminal: Taulov Storage Company – 33%
Purpose: Secure long-term ethane supply for petrochemical crackers, enhance feedstock security, and improve cost competitiveness
Environmental benefit: Ethane has a lower carbon footprint than conventional feedstocks such as naphtha
Strategic Importance
The new ethane infrastructure will:
Strengthen Denmark’s leadership in sustainable chemical production
Provide reliable long-term feedstock supply for Nordic Chemicals
Support energy transition and low-carbon operations in the region
Generate accretive operating cash returns upon commissioning
About Nordic Terminal
Nordic Terminal is a joint venture between Taulov Storage Company, Nordic Chemicals A/S, and Scandinavian Energy Holdings. It provides storage and logistics infrastructure for liquid chemicals and gases at the Port of Esbjerg, Denmark’s largest industrial port. The terminal ensures safe, efficient, and reliable operations for industrial and energy clients.
About Nordic Chemicals A/S
Founded in 2005, Nordic Chemicals A/S is a leading integrated petrochemical company in Northern Europe. The company specializes in ethane-derived chemicals, olefins, and other feedstocks. With operations in 18 countries, Nordic Chemicals focuses on innovation, sustainability, and efficiency, aiming to lead in low-carbon chemical production.
About Taulov Storage Company
Taulov Storage Company provides storage and infrastructure solutions for industrial liquids, chemicals, and energy products across Northern Europe. The company operates terminals in Denmark, Germany, and the Netherlands, supporting customers with reliable, safe, and efficient storage and handling. Taulov invests in hydrogen, ammonia, CO₂, battery storage, and low-carbon fuels to drive the energy transition and sustainability.
Key Project Facts and Financials
Metric Value
Terminal capacity (new) 150,000 cbm
Expected commissioning 2029
Total investment EUR 120 million
Taulov ownership in Nordic Terminal 33%
Contract duration with Nordic Chemicals 15 years
Estimated annual operating cash return ~8% post-commissioning