About this role
DEWIEN JAGMOHAN Commercial and business development director Europe The year 2025 marked a pivotal chapter in the journey of LBC Tank Terminals. With the acquisition by Mitsui O.S.K. Lines (MOL Group), one of the world's largest and most respected shipping companies, LBC has entered a new era of strategic growth and global integration. This acquisition strengthens MOL's chemical logistics capabilities by adding tank storage to its portfolio and unlocks a wealth of operational and commercial synergies. Together, MOL and LBC are poised to expand their reach and impact, particularly in emerging sectors such as new energies, where innovation and sustainability are key. NAVIGATING CHANGEWhile we look forward to a promising future with our new shareholder, we remain acutely aware of the broader challenges facing the European petrochemical industry. The sector continues to experience significant headwinds, with news of plant closures surfacing almost weekly. Millions of tonnes of production capacity have been shuttered, and new investments are scarce. The industry is undergoing a painful transformation, slimming down in response to persistent structural issues. High energy costs, complex and evolving regulations, permitting difficulties, and global tariff impacts have created an uneven playing field. These challenges have led to job losses and a sense of uncertainty that is difficult to ignore. Despite these pressures, LBC has demonstrated resilience. Throughout 2025, our tanks remained consistently full, which is a testament to the strength of our strategy and the trust our customers place in us. Our focus on safety and sustainability, service, and efficiency continues to deliver tangible value. We work diligently to minimise total value chain costs for our customers, while striving to exceed expectations in areas that matter most, such as social and environmental responsibility. Demonstrating our leadership in sustainability, we've b...