UK: Gasrec and Reynolds Logistics Extend Biomethane Delivery Contract

Business News/Analysis, Deliver Dispense, Funding/Financing/Investing, Infrastructure, Marketing/Market Forces and Sales, Sustainability, Terminals Transport, UK (United Kingdom)

May 2, 2022

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(Gasrec/NGV Journal) Family-owned Reynolds Logistics, which runs approximately 90 trucks across the country, specializing in the delivery of bulk fuel, hazardous liquids and lubricants, has committed to a five-year contract renewal with Gasrec. The deal will see Reynolds Logistics continue to collect biomethane from the Grain LNG terminal, on the Isle of Grain, and deliver to Gasrec’s growing number of refueling facilities around the UK.

“The relationship we have built with Gasrec over the past five years has gone from strength to strength, and this new contract is a testament to that,” said Andrew Reynolds, CEO at Reynolds Logistics. “With the demand for biomethane as a transport fuel increasing significantly over the past two years, activity on the contract is busier than ever. Gasrec has some very ambitious plans in place, and with the new investment with bp secured, the future looks exciting.”

In addition, Reynolds Logistics has taken delivery of two more ADR specified Volvo FM LNG 6×2 tractor units, taking the total amount of trucks working exclusively on the contract with Gasrec up to seven – with a further two FM LNG units to follow later in the year.

Paired with Gasrec’s tri-axle cryogenic tanker fleet, the trucks are currently delivering between 25-30 loads of biomethane each week. That number will rise throughout 2022, with Gasrec planning to open a further three open-access refueling sites, as well as several more private customer facilities, to meet the growing demand from operators transitioning away from diesel.

“Reynolds Logistics has proved a valuable, reliable and trustworthy partner for us over the past five years,” commented James Westcott, Chief Commercial Officer at Gasrec. “Looking ahead, we have some very ambitious growth targets to deliver and we are confident we have the right logistics partner on-board to support us – and quite rightly with a modern fleet of biomethane-powered tractor units providing the bulk of the traction.” READ MORE

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