Danish firm Bitumen Danmark will build a new bitumen terminal at Kalundborg, Denmark, with an initial capacity of 10,000-15,000t.
The storage facility is scheduled for completion by late 2026 when it could start receiving winter-fill cargoes during the 2026/27 winter ahead of supply into local truck markets when the next paving and general construction season starts in spring 2027.
The secured terminal, which could be expanded at a later point, will have deep water access that will enable the firm to take delivery of cargoes carried in bitumen tankers from a wide variety of locations across the Nordics, northwest Europe and the Mediterranean.
In 2024, Denmark received around 123,000t of bitumen in cargo shipments, according to Vortexa, with the majority of the tankers delivering into Danish terminals at Aarhus, Nyborg and Koge.
Sweden was the biggest single source last year, supplying just over half the total, with just over a third from the Netherlands.
Bitumen Danmark supplies bitumen products into the road asphalt and roofing felt sectors in the Nordic region.
It is majority owned by German firm BVH Group, a leading bitumen buyer and asphalt products supplier in Germany and parts of central Europe.