At VTTI, we are accelerating our work to become an even stronger and more diverse energy infrastructure company. This is our Strategy 2028.
We recognize the importance of our role in meeting today’s energy needs and addressing future infrastructure challenges. We aim to build on the success of our terminal business while preparing for the future by investing in and developing the energy infrastructure the world will need to decarbonise, always prioritizing safety and integrity.
We are passionate about energy. It is what connects us to our customers and helps us adapt to the needs of a changing world. It allows us to heat our homes, power our transport, and provide for life’s necessities.
Our aim is to move the needle of progress in a sector evolving towards a more sustainable future. We have an agile approach and we are committed to be ready with the energy infrastructure needed as the industry changes.
The infrastructure and services we provide play a crucial role to ensure that energy resources can be available where they are needed most. In doing so, we recognize our responsibility to balance the needs of our customers with those of the planet.
*EBITDA - Earnings before interest, tax, depraciation, amortisation
To realise our purpose, we have identified three strategic pillars for VTTI for the coming years:
Between 2022 and 2028, we aim to triple the size of our company. To do this, we need to develop our capacity and then scale up operations.
We will develop this capacity by introducing new ways of working, leveraging knowledge across the business and embracing digital solutions. At the same time, we will need people with skills and expertise that are new to us, so attracting talent will be a priority.
Meanwhile, as we grow, we are working to access new markets, maximise partnerships with the public sector and adapt our mindset to a world where change is the norm.
While VTTI aims to play a key role in the energy transition, we also recognise that the world will need fossil fuels for some time to come.
As a critical infrastructure partner to global energy markets, we will continue to store a wide range of fuels for our customers, from crude oil, petrol and naphtha to jet A-1, fuel oil and diesel, biofuels, chemicals and LPG. We will work with customers to develop our offering further as their storage needs evolve. Read more about our energy storage terminals.
Our focus will be on growing this core business, by investing in the existing product portfolio, expanding our service offering or converting tanks as required for different products. We will also invest to consolidate our operations where these opportunities align with our strategy.
In parallel, we will continue our focus on improving processes and safety across our terminal network. This includes complying with the latest regulatory and sustainability standards, while taking opportunities to reduce the carbon footprint of our operations wherever possible.
VTTI is creating the next generation of infrastructure that will be needed to decarbonise parts of the energy value chain. In tandem with growing and consolidating our existing storage business, we are embracing the potential of transitional and sustainable energies. We are putting infrastructure in place to facilitate the creation, storage, and distribution of energy sources such as liquefied natural gas (LNG), hydrogen, renewable natural gas (RNG) and waste-to-value.
VTTI Bio-Energy Tilburg
Several VTTI storage terminals store SAF or sustainable aviation fuel
We are developing a portfolio of floating and onshore infrastructure through acquisition and development. We will provide non-discriminatory, open-access infrastructure to suppliers, traders and off-takers in countries both new and familiar to LNG imports.
VTTI aims to establish a network of RNG facilities in our key focus markets across Europe where feedstocks are abundant. We also see further opportunities to increase our biofuel storage capacity across our terminals.
At VTTI, we see the vast potential of hydrogen to decarbonise sectors that have typically been difficult to decarbonise.
Our focus is on several emerging carriers for blue and green hydrogen: ammonia, methanol and Liquid Organic Hydrogen Carriers (LOHC).
We are exploring the possibility of turning municipal and industrial waste into valuable products, such as reusable chemicals and pyrolysis oil. Waste-to-value is expected to make a significant contribution to the circular economy, delivering low or no-carbon fuels or recovered materials that can substitute virgin materials.
