FinCo expands its downstream activities in the Netherlands

FinCo, the Dutch oil and fuel distributor, made three strategic moves at the beginning of the year which will see the firm strengthen its activities in its home country and further afield.

The company has signed a long-term agreement with Zenith Terminal Amsterdam to continue its existing supply & sales activities and will also use the tank storage and blending & storage rack systems at the terminal. Zenith has been the owner of the former BP Amsterdam Terminal (BAT) since early 2016.

In collaboration with FinCo, Zenith has invested in the development of a truck storage rack which features seven loading bays.

At the same time FinCo has expended its supply and sales activities from the AVIA Weghorst terminal in Ensched. From this location, the company, under the name FinCo Terminal Enschede (FTE), will deliver a range of petroleum and diesel products to the eastern part of the Netherlands and across the German border.

This new terminal also provides FinCo customers access to its nationwide network of terminals in the Netherlands. FTE is located on the Twente Canal and features 10 storage tanks with a total storage capacity of 8,350 cubic meters. The terminal was renovated in 2007 and is equipped with three truck loading bays.

FinCo now also offers various diesel products from the terminal in Harlingen. This new service allows the company to address customer demand in the region for diesel and GTL diesel. Until recently the terminal in Harlingen was primarily used for marine fuels.

For more information visit www.fincofuel.com

17th Jan 2017