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Launch of New Energy Storage Company, Advario

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Advario, a leading global partner in liquid storage logistics, has launched its new company name and brand.

It said: “Advario is committed to taking on a frontrunner role, together with its partners, in the energy transition by ensuring safe and reliable storage infrastructure for sustainable liquids.” The storage industry has a key role to play to progress the energy transition and partner with other players along the value chain to ensure undisrupted, secure access to low carbon energy everywhere in the world.

Advario’s strategy is focused on growing its business across three segments: chemicals, gas and increasingly, new energies.

Starting with a global network of 13 strategically located terminals, in China, Europe, Middle East, Singapore and the United States, Advario aims to double its business by the end of the decade. It said its strong commitment to sustainability will support customers and partners in reducing their carbon footprint, whilst materially growing the share of sustainable revenues. At launch, Advario has announced to commit to achieving net zero operations by 2040, latest.

Bas Verkooijen, Advario CEO said: “We are convinced that only through highly ambitious ESG standards we will achieve ‘better business’ for our partners, society and ourselves. For me this means that besides ambitiously growing our business, an equally important priority will be to operate our business with the highest care for our people, the communities we work in and the environment we live in.”

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