Through the long-term strategic storage tank rental agreement, the Stolthaven Dagenham terminal – located on the River Thames, 15 miles from Central London – will provide a key distribution and storage hub for ExxonMobil Basestocks, allowing the company to import and store base stocks from its manufacturing facilities around the world.
Stolthaven Terminals acquired its Dagenham facility in 2012, and it has since been extensively modernised and expanded with a current total storage capacity of more than 170,000m3. Most recently, a major jetty upgrade was completed, which has improved discharge rates and turnaround times for vessels, provided new and upgraded infrastructure, enhanced safety and reduced environmental impact.
Steve Walker, General Manager of Stolthaven Terminals in Dagenham, said: “Stolthaven Terminals is committed to supporting its customers in optmising the efficiency of their supply chains. We are pleased to welcome ExxonMobil Basestocks to Stolthaven Dagenham and to provide the expert storage and distribution services that will further enhance their services to customers in the UK, Europe and beyond.”
Nick Harris, ExxonMobil Basestocks EAME Sales Manager and Project Manager for the new terminal, said: “Coupled with our Rotterdam refinery, the new Dagenham distribution centre will cover the majority of our customers’ lubricant manufacturing needs in the UK. The facility will enable a more direct supply chain, reduced lead time and simplified customs clearance for imported molecules, ultimately reducing complexity across the entire import process for lubricant formulators.”