photo © Gilles Dacquin

News

17
Jan

PARIS, JANUARY 17, 2022

RUBIS TERMINAL – Completion of the transaction with TRANSPET

On January 14, 2022, Rubis Terminal Infra SAS (Rubis Terminal) completed the sale of 100% of the shares of the company (the Company) ultimately holding the Turkish assets (Rubis Terminal Petrol) to Transpet Petrolcülük ve Enerji A.Ş. (Transpet).

Rubis Terminal signed an agreement to sell the Company to Transpet on December 15, 2021 and all regulatory approvals and conditions of the sale have been met. With completion of the sale, Transpet has become the sole shareholder (100% ownership) of the Company.

The Rubis Terminal Petrol terminal (the Terminal) has a storage capacity of 650,000m3 dedicated to petroleum products and a 2.3km long jetty. The Terminal is strategically located to take advantage of the Eastern Mediterranean zone’s growing role as a key trading hub and provides critical import/export infrastructure for Iraqi flows. 

Rubis Terminal is a leading independent storage provider specializing in the storage and handling of bulk liquid products. Rubis Terminal operates storage sites that are strategically positioned near key transportation and infrastructure hubs across France, ARA and Spain.

Transpet is a leading energy group based in Turkey. The Group is further active in industry and renewable energy. The Group is also involved in the trading of petroleum products and has strategic plans to develop chemical storage capacities in Turkey. 

Bank of America Securities acted as financial advisor to Rubis Terminal. DWF acted as lead legal advisor to Rubis Terminal with the assistance of Dirkzwager legal & tax in the Netherlands and Özkan Gürden Bingöl (OGB) in Turkey. 

ÜNLÜ & Co acted as financial advisor to Transpet. Küçük Law Office acted as legal advisor to Transpet. EY acted as financial and tax due diligence advisor, and TÜV Rheinland and Normetic acted as technical due diligence advisors.

Bruno Hayem, CEO of Rubis Terminal: This move is consistent with Rubis Terminal’s strategy to focus on Western Europe, reducing volatility of its earnings, and strengthening its portfolio mix towards chemicals, biofuels, and other non-fuel products. We have full confidence that Transpet, using its deep knowledge of the region, will be able to further develop the Terminal.

Mehmet Ali İslamoğlu, Board Member of Transpet: “With this acquisition, we are adding a new growth area to our portfolio. We will enrich our activities with this strategically positioned terminal. We aim to appeal to the greater Mediterranean Region and will continue to improve our services for the benefit of our stakeholders, ensuring top-notch operational support both to our existent and future business partners. We will further develop Rubis Terminal Petrol using our expertise in the sector and bringing added value to our clients, Turkey and the greater region.”


15
Dec

PARIS, DECEMBER 15, 2021

Rubis Terminal Infra SAS (Rubis Terminal) has signed an agreement with Transpet Petrolcülük ve Enerji A.Ş. for the sale of 100% of the Turkish Assets owned by Rubis Terminal.

The transaction is subject to satisfaction of certain conditions precedent, including customary regulatory approvals.


31
May

RUBIS TERMINAL ANNOUNCES ITS FIRST QUARTER 2021 RESULTS ON MONDAY May 31st , 2021

Paris, France – May 31st, 2021

Rubis Terminal will announce its first quarter 2021 results on May 31st , 2021 in the evening:

•    An English language bondholder conference call is scheduled on June 1st 2021 at 10:00 am (CET)

•    The Quarterly Report and a presentation will be available on our website www.rubis-terminal.com ahead of the call

  • You will need to create an investor profile on our website ahead of the meeting to have access to the information


15
Mar

RUBIS TERMINAL ANNOUNCES ITS FULL YEAR 2020 RESULTS ON TUESDAY MARCH 30TH, 2021

Paris, France – March 15th, 2021

Rubis Terminal will announce its annual 2020 results on March 30th, 2021:

  • An English language bondholder conference call is scheduled the same day at 3:00 pm (CET)
  • The Annual Report and a presentation will be available on our website www.rubis-terminal.com ahead of the call
    • You will need to create an investor profile on our website ahead of the meeting to have access to the information

19
Feb

THE 2020 GENDER EQUALITY INDEX FOR RUBIS TERMINAL SA LOCATED IN FRANCE IS 85/100.

The company gained one more point compared to the 2019 index. This index takes the company a little further from the rating considered as the minimal (75 points). This index is calculated on the basis of 4 criteria:

  • The pay gap between women and men remuneration (maximum 40 points).
  • The gap in the rate of individual pay increases between women and men (maximum of 35 points).
  • The share of female employees whose pay has been increased on return from maternity leave (maximum 15 points).
  • The number of women represented among the 10 highest paid (maximum 10 points).

Rubis Terminal obtained the following scores

Score
1- Pay gap (en %)35
2- Gap in the rate of individual pay ( % or equivalent number of employees)25
3- Share of female employees whose pay has been increased on return from maternity leave (%)15
4- Women represented among the 10 highest paid10
INDEX (highest = 100 points)85

The personnel concerned are based at the Paris facility, and at on behalf of third parties liquid storage terminals located at Strasbourg, Grand Quevilly, Salaise sur Sanne, Val de la Haye and Village Neuf.