The initial company was setup in 2013 when the management of EuroRijn International B.V. as well as some private investors determined the lack of independent and neutral LME warehousing services in The Netherlands.
In the LME warehousing landscape in The Netherlands in 2013 of the 6 registered LME registered companies only 1 could be labelled as strictly independent. Sufficient reason to consider the setup of a New, Independent and Neutral franchise, which was formed by Hans Cleton and the current shareholders of which EuroRijn International B.V. (ERI) is the major one. After one month it was decided to give a clear and transparent message to the market in respect of markets serviced by these companies: ICL B.V. is for base metals LME or non-LME, and in order to create clarity between the group companies, the base metal accounts of ERI were taken over by ICL B.V.
From that moment Mr. Ruud Cybulski joined ICL and the combined experience has driven the development of ICL BV ever since.
At this moment ICL BV operates LME approved warehouses both in Moerdijk and Rotterdam.