The Holborn Group history - Milestones

Oct. 1987

Purchase of the Hamburg refinery

with capacity 80,000 bbl/day from ESSO including 50% interest in NDO pipeline and a share in NWO deep water terminal at Wilhelmshaven.

Nov. 1987

New Dock 6 installed

at the refinery, capable of handling 70,000 ton tankers.

Dec 22, 1987

First crude oil cargo

on the NEDI 1 from Libya arrived and unloaded at Dock 6.

Jan. 4, 1988

Crude unit reactivation completed;

refinery started.

Apr 4, 1988

Catcracker reactivation completed;

catcracker started.

July 1988

First bank consortium working capital loan obtained.

Bank consortium headed by Oddo BHF Bank, which remains today Holborn European Marketing Company Ltd.’s primary lender.


Construction of Vapour Recovery unit

and crack LPG recovery.


Bottom loading racks implemented

into the truck loading station.


Crude unit revamp capacity

increase to 105kbbl/day


Start of the nationwide expansion

of the HEM service station network by Deutsche Tamoil GmbH


Aromatics limitation in gasoline

and commissioning of Isomerisation Unit.


Deutsche Tamoil GmbH

becomes part of the Holborn Group


Clean fuels Project

to produce sulphur free fuels


Acquisition of Tamoil Beheer B.V


Introduction of biofuels.

Blending of bio components into motor fuels; ethanol to gasoline and FAME to diesel.


Gasoil hydrotreater revamped

to produce low sulphur heating oil.


Acquisition of the Dannenberg service station network

by Deutsche Tamoil GmbH


Partial acquisition of the GO service station network

by Deutsche Tamoil GmbH


Relaunch of the HEM brand

by Deutsche Tamoil GmbH - first prototype in Elmshorn


CO2 emission trade assessment

shows Holborn among Europe’s 10 per cent most energy efficient refineries


Sale of Tamoil Beheer B.V

Holborn European Marketing Company Limited was incorporated in Cyprus on 7 November 1987 and is based and operates from its freehold offices in Larnaca. Its principal activities revolve around the purchasing of crude oil and feedstocks, the selling of the refined products and the trading in oil products.


  • Management and Legal
  • Crude procurement, refining and optimisation
  • Finance and Accounting
  • Marketing and Operations
  • Management reporting
  • Internal Audit
  • Taxes and Compliance
  • Human Resources
  • ICT


  • Diesel
  • Gasoline
  • Heating Oil
  • Heavy Fuel Oil
  • Propane
  • Butane
  • Propylene
  • Cyclohexane


Miranda Court No. 1
Ipirou Street No. 28
6031 – Larnaca
P.O. Box 40897
6307 – Larnaca, Cyprus
Tel:  +357 24 842000
Fax: +357 24 620406
All Rights Reserved | HOLBORN European Marketing Company Limited.