Decal

What Decal does

Decal S.p.A. is a privately held Italian holding company founded in 1961 by Pietro Triboldi that, through its operating subsidiaries, owns and operates five independent coastal storage terminals across four countries: Italy (Porto Marghera), Spain (Barcelona and Huelva), Panama (Taboguilla Island), and Brazil (Suape). The group's aggregate storage capacity is 2,068,000 m³, handling approximately 9.2 million tons of bulk liquid throughput annually, and it serves enterprise customers across oil and gas, chemicals and petrochemicals, biofuels, vegetable oils, lubricants, and maritime shipping. The company generated disclosed annual turnover of €359 million and employed 391 people worldwide as of the latest reported figures.

The core offering is independent, third-party bulk-liquid storage and handling, augmented by value-added services including product blending (diesel/gasoline with biofuels, bunker fuels), coloring, additivation, quality control, and multimodal loading/unloading across ship, barge, truck, rail, and pipeline. Terminal automation is most advanced at the Panama bunkering facility (high-sophistication automation) and the Brazil Suape terminal (fully automated truck loading with six loading and five unloading points). The Porto Marghera site is the only terminal in the Venice area authorized to store both oil and chemical products, and the group holds an extensive compliance stack including ISO 9001/14001/45001, EMAS, ISCC, OEA/AEO, ISPS, UNE 19601, Kosher, and NBR 16001 certifications. Pipeline connections to the CLH/Exolum network, the CEPSA refinery, the BIOSUR biodiesel plant, and the LIPSA vegetable oil refinery create tightly integrated supply loops at Iberian sites.

Revenue is generated through three primary streams: recurring storage capacity fees and throughput-based handling charges for terminal services (the largest stream), bunkering transaction fees for marine fuels delivered to ships at the Panama terminal, and professional-services-style fees for blending, coloring, additivation, and lubricants processing (the latter handled via SLI S.p.A.). The company is privately held by the founding Triboldi family with no disclosed institutional investors, public listing, or external funding rounds; expansion to date has been funded organically through reinvested earnings, with adjacent activities housed in wholly-owned subsidiaries including Metachem and Chempetrol (petrochemical trading), SLI (lubricants), and Decal Renewables (wind and solar project development, established 2019).

Name

Decal

Legal name

Decal S.p.A.

Website

https://decalstorage.com

Company type

Private

Founded year

1961

Operating status

Operating

Headcount range

101–250 employees

Short description

Decal S.p.A. is a privately held Italian holding company that owns and operates five independent coastal storage terminals across Italy, Spain, Panama, and Brazil, providing third-party storage, handling, blending, and bunkering services for oil, chemical, biofuel, and vegetable-oil customers.

Ownership category

akta.pro rank

Product category

Bulk Liquid Terminal Storage Services

NAICS

Petroleum Bulk Stations and Terminals (424710), Petroleum Bulk Stations and Terminals (42471), Marine Cargo Handling (488320)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171)

akta.pro primary industry

Bulk Terminal Services & Operations (Stevedoring, Sampling, Weighing, Blending) (TLAHABAO)

akta.pro secondary industries

Conventional Marine Fuel Bunkering (HFO/VLSFO/MGO/ULSFO) (TLAHAKAA), Marine Terminals & Cargo Handling Infrastructure (RoRo, Bulk, Container) (IMAFAJAF)

Keywords

• Terminal storage services
• Petroleum logistics infrastructure
• Bunkering services
• Biofuel blending operations
• Chemical storage solutions

Headquarters

HQ city

Soresina

HQ country

Italy

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Terminal Storage Services: Storage and handling services for oil, chemical and petrochemical products, vegetable oils and biofuels provided on behalf of third parties. Revenue generated through storage capacity fees, throughput charges, and handling service fees.
2. Bunkering Services: Storage for bunkering services at Panama terminal, providing fuel oil, VLSFO, marine diesel and gas oil to ships transiting the Panama Canal.
3. Product Processing Services: Blending, coloring, additivation services for oil products and biofuels, including diesel and gasoline blending operations.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

Decal operates independent coastal terminal storage and handling services for oil, chemical and petrochemical products, vegetable oils, and biofuels across five terminals in four countries (Italy, Spain, Panama, Brazil) with a combined capacity of 2,068,000 m³. The service portfolio includes storage capacity provision, product handling, in-tank and in-line blending, additivation, coloring, quality control, and bunkering services for marine vessels at the Panama Canal. The holding company coordinates seven operating subsidiaries covering terminal operations, lubricants blending/packaging (SLI), and petrochemical trading (Metachem, Chempetrol).

Product overview

Decal is a holding company that operates five independent and technologically advanced storage terminals across four countries (Italy, Spain, Panama, Brazil) with a total capacity of 2,068,000 m³. The company provides storage and handling services for oil, chemical and petrochemical products, vegetable oils, and biofuels on behalf of third parties. Through its subsidiaries—Decal Italia, Decal España, Decal Panamá, Decal Brasil, SLI (lubricants), Metachem/Chempetrol (petrochemical trading), and Decal Renewables (renewable energy)—Decal offers a portfolio of services including coastal terminal operations, bunkering services, lubricants blending and packaging, and renewable energy project development. The core offering is independent terminal storage services with capabilities for product blending, coloring, additivation, and loading/unloading via ships, trucks, pipelines, and rail.

Differentiator

Problem solved

Functional benefit

Products and services

• Storage and Handling Services for Oil and Petrochemical Products Coastal terminal storage and handling services for oil products, chemical and petrochemical products, vegetable oils, and biofuels provided on behalf of third-party enterprise customers across five terminals in Italy, Spain, Panama, and Brazil. Includes multimodal access via sea, road, rail, and pipeline, with 24/7 operations, quality control, and 2,068,000 m³ total capacity.
• Bunkering Services Bunker fuel supply services (fuel oil, VLSFO, marine diesel oil, marine gas oil, intermediate fuel oils) for vessels and barges, with in-line blending capabilities and capacity to handle vessels up to 70,000 DWT. Provided at the Taboguilla Island terminal strategically positioned for Panama Canal traffic.
• Product Blending, Additivation and Coloring Services Advanced in-line and in-tank blending, additivation, and coloring services for oil products and biofuels, including biodiesel blending (GOA to B100), in-line gasoline-bioethanol blending, and agricultural diesel coloring/additivation. Provided at terminals with pipeline connections to refineries and biodiesel plants.
• Lubricants Blending, Filling, Packaging and Storage Services Third-party trading and services for blending, packaging, filling, and storage of lubricants, provided from the Vignole Borbera (Alessandria, Italy) facility. Targeted at lubricant distributors, industrial lubricant buyers, and automotive aftermarket clients.
• Petrochemical Trading Services International trading of petrochemical products provided through Metachem S.p.A. (Italy) and Chempetrol Overseas Ltd. for global petrochemical buyers and resellers.
• Renewable Energy Project Development Development of renewable energy projects (eolic/wind and photovoltaic/solar plants) worldwide, operated through Decal Renewables S.p.A. subsidiary established in 2019.

Quantifiable outcome

• Total throughput of 9,193,019 tons across all terminals
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

Five partnerships are on record, tiered core infrastructure.

• CLH (Companía Logística de Hidrocarburos)core infrastructureOthersPipeline network connection at Huelva terminal enabling product transfer and supply chain integration with Spanish hydrocarbon logistics infrastructure
• CEPSA Refinerycore infrastructureOthersDirect connection with CEPSA refinery at Huelva terminal for efficient product transfer and supply chain integration
• BIOSUR Biodiesel Plantcore infrastructureOthersPipeline connection with BIOSUR biodiesel plant at Huelva enabling biofuel blending operations from GOA to B100
• LIPSA Vegetable Oil Refinerycore infrastructureOthersConnection with LIPSA veg'oil refinery at Huelva terminal for handling and storage of raw materials for biodiesel and edible oils
• Exolum (formerly CLH)core infrastructureOthersPipeline network connection at Barcelona terminal linking with Exolum piping network and other terminals in Barcelona for product distribution

Scale indicators10 records

Recent moves12 records

Expansion highlights4 records

Direct peers

• Royal Vopak: Royal Vopak is the world's largest independent tank storage operator, providing bulk liquid and gas storage globally. Most directly comparable independent competitor to Decal, serving overlapping oil, chemical, and biofuel end-markets.
• IMTT: International Matex Tank Terminals (IMTT) operates a network of bulk liquid storage terminals in the US and Canada. Comparable as an independent storage peer with a similar product portfolio of petroleum, chemical, and specialty liquids.
• Advario: Advario (formerly HES International) is a European-headquartered independent bulk liquid storage operator with terminals across Europe and Asia. Comparable to Decal in independent positioning, product mix, and mid-market scale.
• VTTI: Vitol Tank Terminals International (VTTI) is a global independent storage operator backed by Vitol. Closely comparable peer operating petroleum, chemical, and biofuel terminals with similar independent positioning to Decal.
• Evos: Evos is a European-focused independent liquid bulk storage and energy infrastructure platform, previously owned by Lukoil. Comparable to Decal in independent operator positioning, European footprint, and product mix in oils, chemicals, and renewables-adjacent products.
• Oiltanking: Oiltanking is a global operator of bulk liquid storage terminals owned by Macquarie Asset Management. Directly comparable independent storage operator with similar oil, chemical, and gas product portfolios across multiple geographies.
• Bunker Holding: Bunker Holding is one of the world's largest bunker fuel suppliers, with physical operations at the Panama Canal. Direct peer to Decal's Taboguilla terminal in marine fuel supply at strategic shipping routes.
• Intercontinental Terminals Company: Intercontinental Terminals Company (ITC) operates a major bulk liquid storage terminal complex in the Houston Ship Channel. Comparable independent storage peer with overlapping oil, chemical, and petrochemical product handling.
• Zenith Energy: Zenith Energy is an independent mid-market bulk liquid storage and terminalling company with operations in the US, UK, and Europe. Comparable independent operator serving oil, chemical, and biofuel customers with similar multi-jurisdiction footprint.

Broad incumbents

• Exolum: Exolum (formerly CLH) is Spain's dominant hydrocarbon logistics operator and a broader incumbent that owns the largest pipeline network in the Iberian Peninsula. Both a competitor and infrastructure partner of Decal, with overlapping bulk liquid storage operations in Spain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/decal

Compliance30 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Decal