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Refineries
Refineries complement Gunvor’s trading function by creating greater operational efficiency across the supply chain.
Refineries complement Gunvor’s trading function by creating greater operational efficiency across the supply chain.

As a trader, Gunvor is well suited to running efficient and profitable refineries. We leverage our expertise and relationships with crude suppliers to gain access to the types of crude oils our facilities process. We also employ our financing expertise to ensure the trading and facilities are sustainably maintained.

For example, Gunvor was the first trading house to establish a factoring program as means of diversifying financial support for oil refining operations. The deal, which was established with GE Capital for our Ingolstadt refinery, was the largest single receivable finance program in Germany.

We continue to further invest in our refinery acquisitions, with the goal of achieving operational excellence by keeping Safety, Health and the Environment (SHE) a priority in how we build for the future.

Gunvor Refinery Ingolstadt
Securing product supplies for land-locked European customers.
Gunvor Refinery Ingolstadt (GRI) is a 100% owned inland refinery operating in a niche market. Crude oil supply arrives via the TAL pipeline system, a 753-kilometer pipeline connection from the marine shipping terminal in Trieste, Italy.

Products are shipped from the on-site truck-loading rack and railcar-loading facilities. This enables a stable distribution into the local markets. Light products and middle distillates such as gasoline, diesel, heating oil and jet fuel are sold predominantly in Germany and Austria.
Key Numbers:
Capacity
110,000
barrels / day
Nelson Index
7.3
Employs
500
total on-site workers including 320 core employees
Site
128
hectares
Independent Belgian Refinery
Ideally located in the ARA hub to optimize our logistics and trading.
The Independent Belgian Refinery (IBR), 100% owned by Gunvor, is situated in the north of the Port of Antwerp.

The refinery’s large storage capacity and the flexibility of its installations give us capabilities to handle a wide range of both intermediate and finished products including LPG, naphtha, gasoline, heating oil, VGO and bunker grades.

Crude oil is delivered with direct access to a jetty. Products can be loaded on tankers for onward worldwide delivery or on to barges and road trucks for local delivery to the North West European market.
Key Numbers:
Capacity
107,500
barrels / day
Nelson Index
4.5
Employs
210
core employees and additional contractors
Storage Capacity
1,100,000
cubic meters

Gunvor Refinery Ingolstadt

Gunvor Refinery Ingolstadt
Securing product supplies for land-locked European customers.
Gunvor Refinery Ingolstadt (GRI) is a 100% owned inland refinery operating in a niche market. Crude oil supply arrives via the TAL pipeline system, a 753-kilometer pipeline connection from the marine shipping terminal in Trieste, Italy.

Products are shipped from the on-site truck-loading rack and railcar-loading facilities. This enables a stable distribution into the local markets. Light products and middle distillates such as gasoline, diesel, heating oil and jet fuel are sold predominantly in Germany and Austria.
Key Numbers:
Capacity
110,000
barrels / day
Nelson Index
7.3
Employs
500
total on-site workers including 320 core employees
Site
128
hectares

Independent Belgian Refinery

Independent Belgian Refinery
Ideally located in the ARA hub to optimize our logistics and trading.
The Independent Belgian Refinery (IBR), 100% owned by Gunvor, is situated in the north of the Port of Antwerp.

The refinery’s large storage capacity and the flexibility of its installations give us capabilities to handle a wide range of both intermediate and finished products including LPG, naphtha, gasoline, heating oil, VGO and bunker grades.

Crude oil is delivered with direct access to a jetty. Products can be loaded on tankers for onward worldwide delivery or on to barges and road trucks for local delivery to the North West European market.
Key Numbers:
Capacity
107,500
barrels / day
Nelson Index
4.5
Employs
210
core employees and additional contractors
Storage Capacity
1,100,000
cubic meters