Afrox secures more supply contracts

2nd February 2016 By: Creamer Media Reporter

Afrox secures more supply contracts

JSE-listed gas provider African Oxygen (Afrox) has been awarded a R100-million contract to supply liquid carbon dioxide to Kingsley Beverages’ new carbonated soft drinks plant in Roodepoort.

This followed on from an initial R150-million supply contract, signed in 2013, for the beverage producer’s Malvern and Springs plants.

Afrox also announced a R260-million, five-year extension on a contract to supply liquefied petroleum gas (LPG) to a major reseller in Botswana.

Further, it retained a R55-million contract to supply the V&A Waterfront with bulk LPG for the next five years, opening up opportunities for Afrox to grow its current portfolio into development projects at the site.