RUBIS TAKES OVER THE STORAGE FACILITIES OF PETROPLUS RAFFINAGE REICHSTETT

2013-01-30 17:49:38 -
30 January 2013

Rubis  Terminal (a 100% affiliate  of Rubis) 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
Pétroles 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.
With this takeover, we will:
  * secure the local supply,
  * maintain strategic stocks in the zone. A long term agreement has 
  
    
      
        

	    
  
  been signed
    for this purpose with Sagess, who manage the French strategic stocks,
  * relaunch the tanker loading activity for trucks serving the North and West
    of the Strasbourg region.


In this context, Rubis Terminal will keep on 8 staff and will invest €36.5M over
5 years  in decontamination,  dismantling, modernisation  and compliance  of the
installations.

Rubis  is already  present in  the Port  of Strasbourg  logistics complex  via a
chemical products terminal and SES a petroleum products storage company of which
Rubis Terminal is the majority shareholder alongside other petroleum operators.
This transaction will both enlarge Rubis' scope in the region and perpetuate its
local position.


                                 Next update:
    Fourth quarter 2012 sales revenue: February 11, 2013 (at Bourse closing)



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