• 27/03/2012
  • |     BB

20 million Euro Tank Building Contract for Geldof

Steel construction contractor Geldof wins new contract with LBC worth around 20 million euro. The company will build seven storage tanks for various base oils in the Port of Antwerp.

Trefwoorden: #arcelormittal, #electrabel, #engineering, #epc, #geldof, #lbc

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ENGINEERINGNET.EU -- The Belgium based Geldof has completed tank construction projects for LBC in the past, including in France. The company now announces a new contract with LBC for the project management and construction of seven storage tanks and two filling stations in the port of Antwerp.

Geldof will run the project in two phases. Once both installations have been configured, they will work fully automatically. The new tanks will have a load capacity of 41,000m³.

“For us, this project consists of 20% tank construction, with the rest of the contract being made up from project management and execution of the planning,” explains Reint Berghmans, project director at Geldof.

“LBC appreciates our all-in approach as they have been cutting back their technical department over recent years and didn’t have enough project managers to take care of the full coordination themselves.”

This contract reinforces Geldof’s new strategy which is evolving from purely metal processing to being a contractor for complete EPC contracts (Engineering, Procurement and Construction management).

Geldof has worked on important EPC contracts for dry bulk projects in the past, including for ArcelorMittal and Electrabel.

The entire project will be completed by the end of 2012.


(picture: Geldof)

BACKGROUNDER
G&G International and its sister company Geldof Metaalconstructie are both engineering and manufacturing companies for products such as of pressure vessels, storage tanks, storage and handling installations for dry bulk and various large and/or complex projects involving custom-made steel. Both companies also position themselves successfully with solutions for renewable energy suppliers.