JSE-listed gas provider African Oxygen (Afrox) on Tuesday announced the addition of several multimillion-rand, multiyear contracts.
In an update to shareholders, the group said it had been awarded a R60-million, three-year contract extension to supply bulk liquid nitrogen, compressed and special gases and welding consumables to a South African oil refinery.
A R40-million, five-year contract extension for the supply of liquefied petroleum gas (LPG) and industrial gases to a Pretoria-based distributor had also been secured.
Further, Afrox secured a contract to supply bulk nitrogen to Shoprite’s national distribution fleet as the company aimed to phase in truck-mounted CryoFridge installations to chill containers.
In addition, new five-year contracts to the value of R65-million were inked with distributors in Pretoria, Rustenburg and Kuruman for the supply of LPG, welding consumables and industrial gases.
Edited by: Creamer Media Reporter
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