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Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime

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Rubis SCA Takes Over Storage Facilities of Petroplus Raffinage Reichstett

Wednesday, 30 Jan 2013 11:46am EST 

Rubis SCA announced that Rubis Terminal (a 100% affiliate of the Company) has placed a takeover bid for the storage activity division of Petroplus Raffinage Reichstett (Bas-Rhin, France). The bid has been approved by the Strasbourg County Court on 29 January 2013, with effect from 1 February 2013. The transaction involves the Southern part of the Reichstett site, the Port aux P├ętroles terminal in Strasbourg, and the pipelines linking the two sites, with a global storage capacity of 500,000 cbm of which 368,000 cbm will be put back into service during the next three years. 

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