Ergon expands in Asia
Published by Francesca Brindle,
Editorial Assistant
Tanks and Terminals,
Ergon, currently one of the world’s largest producers of naphthenic speciality products and second largest manufacturer of bright stock, has announced its continued global expansion with a new bulk storage terminal in Ulsan, South Korea, as well as a new regional office in Singapore.
“The addition of this storage terminal and office to Ergon’s global supply and distribution network allows for improved service and accessibility for clients throughout Asia,” said Per Klintstam, President of Ergon International, Inc.
HyGold 5000BS, Ergon’s new bright stock, together with most of the company’s naphthenic grades and transformer oils, will be available in the Asian market by early 2017.
Read the article online at: https://www.tanksterminals.com/storage-tanks/30112016/ergon-expands-in-asia/
You might also like
Hydrocarbon Engineering Podcast
Peter Davidson, CEO of the Tank Storage Association (TSA), joins us to discuss the essential role that the tank storage sector has to play in ensuring supply security and resilience, as well as in facilitating the energy transition.
EIA forecasts lower oil prices in 2026 and 2027 due to persistent stock builds
EIA forecasts that production of petroleum and other liquids will continue to exceed global demand, which results in Brent crude oil prices falling from an average of US$69/bbl in 2025 to US$58/bbl in 2026 and US$53/bbl in 2027.