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Advario
Advario
4 jobs

We are a leading global player in the terminal storage industry, with a focused growth strategy on chemicals, gas, and new energy and a strong commitment to embed ESG and sustainability across our entire operations. Advario is a carve-out of Oiltanking GmbH, and we are committed to playing a frontrunner role in the energy transition through developing transformational partnerships. The storage industry has a key role to play to progress the energy transition and ensure undisrupted, secure access to low carbon energy everywhere in the world. This transition is complex and requires close coordination and cooperation of all partners across the whole value chain. And that is exactly what our strategy is built on. We want to create better business through transformational partnerships. As fossil fuels remain part of the energy mix for some time to come, we will continue our services in this sector, but our growth focus, therefore our investments, are dedicated to expanding our business across three segments: chemicals, gas, and increasingly new energies. Through putting ESG at the heart of what we do, we achieve better business for our partners, society, and ourselves. Besides ambitiously growing our business, we consider it equally important to operate our business with the highest care and safety standards for our people, the communities we work in, and the environments we live in. We want to make an impact in two ways. Firstly, by helping our customers reduce their CO2 footprint by enabling their transition to sustainable liquids, and secondly by reducing our own emissions. So, we strive for a material share of sustainable revenues, and we commit to net-zero operations by 2040 at the latest.

African Bamboo
African Bamboo

Based in Addis Ababa, African Bamboo has developed an environmentally friendly thermal process for treating bamboo, called ThermoWood. ThermoWood eliminates signs of decay, making the bamboo, an abundant resource in Ethiopia, a more reliable commodity for farmers to sell. The goal is to make bamboo, which is now vastly underutilized in Ethiopia, a cash crop for the country's farmers. African Bamboo PLC is a forestry, wood, and bio-energy company established in the Netherlands and Ethiopia in January 2012. African Bamboo PLC is a wholly owned subsidiary of Fortune Enterprise PLC, a privately owned company engaged in wood and metal furniture manufacturing in Addis Ababa since 1961. The furniture industry in Ethiopia is composed of a large number of small-scale and cottage-type furniture making workshops and a few relatively large furniture factories. Fortune Enterprise PLC is one of the largest, best organized, and equipped factories in the country. Today, the company has over 150 permanent employees and reached an annual turnover of EUR 3 million in 2010. For the manufacturing of furniture, Fortune Enterprise PLC mainly works with traditional woods like teak, pine, and some local species. However, these traditional woods are a scarcity in Ethiopia as the country suffers severe deforestation. Ethiopia’s forests are falling from 15 million ha (1990) to 12.3 million ha in 2010, with an annual depletion rate of 140,000 ha per year. Therefore, over the last couple of years, the company looked for sustainable alternatives and quickly realized the potential of bamboo as a source of raw material for furniture and industrial applications. Over the past three years, Fortune Enterprise PLC has been actively engaged in developing its knowledge base and expertise in the bamboo sector, specifically for the industrial and construction-related applications. In January 2012, Fortune Enterprise PLC registered its bamboo business unit, African Bamboo PLC. It is the company's objective to optimize the multi-purpose benefits of bamboo in Ethiopia to its fullest by sustainably exploiting parts of the huge Ethiopian bamboo resources, producing compressed panels and outdoor decking for the export market, as well as clean and high-quality bamboo charcoal briquettes for the local market. That way, the company ensures adaptation to deforestation and meets local energy needs. African Bamboo is striving to become Africa’s largest exporter of high-value bamboo products, providing the world market with a highly competitive and sustainable alternative for hardwood composites.