Afrox not receiving bulk volume allocation from refineries

https://newsletter.en.creamermedia.com

Enter your search term

*Limited to most recent 250 articles
Use advanced search to set an earlier date range

ADVANCED SEARCH

Sponsored by

Articles can be saved for quick future reference. This is a subscriber benefit. If you are already a subscriber, please log in to save this article. If you are not a subscriber, click on the View Subscription Options button to subscribe.

VIEW SUBSCRIPTION OPTIONS LOGIN

Go to saved articles

Forgot your username or password?

This content is only available to subscribers

VIEW SUBSCRIPTION OPTIONS LOGIN

We are sorry, but we don't have any articles at this address.

Engineering News Home page

Business Thought Leadership

Announcements

To advertise on Engineering News, email advertising@creamermedia.co.za

Research Reports

Water 2024/5: Averting a crisis

Creamer Media Electricity 2024/25 cover image

Electricity 2024/25: Tariffs, renewables and transmission challenges

Projects

Image of manganese sulphate in test tubes

Metal-to-crystal project, South Africa

17th January 2025 By: Sheila Barradas

Platinum Village, South Africa

17th January 2025 By: Sheila Barradas

Latest Multimedia

Mulilo gears up for big year of execution as it accelerates transition to integrated IPP

21st January 2025 By: Terence Creamer

Driver behaviour, vehicle testing in the spotlight as festive season road stats are released

20th January 2025 By: Sabrina Jardim

Latest News

An aeroplane taking off from OR Tambo International

ACSA reports OR Tambo airport has fuel for January; it is now working on February supply

20th January 2025 By: Rebecca Campbell

South African growth outlook has improved but inflation risks abound, central bank says at Davos

21st January 2025 By: Reuters

Latest Multimedia

sponsored by

On-The-Air (17/01/2025)

17th January 2025 By: Martin Creamer

Can the Network Statement facilitate entry of new private train operators?

17th January 2025 By: Creamer Media Reporter

Gerhard Moolman aboard the Osiyeza at sea

Innovative engineering sees Gerhard Moolman row solo across the Atlantic in record time

17th January 2025 By: Darren Parker

Magazine round up | 17 January 2025

17th January 2025

Press Office

SMS group

Integrated Pump Rental (IPR)

Pilot Crushtec

SRK Consulting

ITALCHAM

BMG

Announcements

The evolution of data’s ‘AI-dentity’

Qlik Acquires Upsolver to Deliver Low-Latency Ingestion and Optimisation for Apache Iceberg

WearCheck Water first with official AdBlue®/ DEF analysis accreditation

AET back in the spotlight as foundational skills gaps grow

What's On

Mineral Resource Estimation Conference 2025

Enlit Africa 2025

Africa Energy Indaba

PGMS Industry Day

Junior Indaba

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

Click Here

MAGAZINE & ONLINE

➕

RESEARCH CHANNEL AFRICA

➕

CORPORATE PACKAGES

CLICK FOR A QUOTATION

➕

https://newsletter.en.creamermedia.com

Enter your search term

*Limited to most recent 250 articles
Use advanced search to set an earlier date range

ADVANCED SEARCH

Sponsored by

VIEW SUBSCRIPTION OPTIONS LOGIN

Go to saved articles

Forgot your username or password?

This content is only available to subscribers

VIEW SUBSCRIPTION OPTIONS LOGIN

We are sorry, but we don't have any articles at this address.

Engineering News Home page

Business Thought Leadership

Announcements

To advertise on Engineering News, email advertising@creamermedia.co.za

Research Reports

Water 2024/5: Averting a crisis

Electricity 2024/25: Tariffs, renewables and transmission challenges

Projects

Metal-to-crystal project, South Africa

17th January 2025 By: Sheila Barradas

Platinum Village, South Africa

17th January 2025 By: Sheila Barradas

Latest Multimedia

Mulilo gears up for big year of execution as it accelerates transition to integrated IPP

21st January 2025 By: Terence Creamer

Driver behaviour, vehicle testing in the spotlight as festive season road stats are released

20th January 2025 By: Sabrina Jardim

Latest News

ACSA reports OR Tambo airport has fuel for January; it is now working on February supply

20th January 2025 By: Rebecca Campbell

South African growth outlook has improved but inflation risks abound, central bank says at Davos

21st January 2025 By: Reuters

Latest Multimedia

sponsored by

On-The-Air (17/01/2025)

17th January 2025 By: Martin Creamer

Can the Network Statement facilitate entry of new private train operators?

17th January 2025 By: Creamer Media Reporter

Innovative engineering sees Gerhard Moolman row solo across the Atlantic in record time

17th January 2025 By: Darren Parker

Magazine round up | 17 January 2025

17th January 2025

Press Office

SMS group

Integrated Pump Rental (IPR)

Pilot Crushtec

SRK Consulting

ITALCHAM

BMG

Announcements

The evolution of data’s ‘AI-dentity’

Qlik Acquires Upsolver to Deliver Low-Latency Ingestion and Optimisation for Apache Iceberg

WearCheck Water first with official AdBlue®/ DEF analysis accreditation

AET back in the spotlight as foundational skills gaps grow

What's On

Mineral Resource Estimation Conference 2025

Enlit Africa 2025

Africa Energy Indaba

PGMS Industry Day

Junior Indaba

Option 1 (equivalent of R125 a month):

Option 2 (equivalent of R375 a month):

Already a subscriber?

Forgotten your password?

Click Here

MAGAZINE & ONLINE

➕

RESEARCH CHANNEL AFRICA

➕

CORPORATE PACKAGES

CLICK FOR A QUOTATION

➕

https://newsletter.en.creamermedia.com

Enter your search term

*Limited to most recent 250 articles
Use advanced search to set an earlier date range

ADVANCED SEARCH

Sponsored by

VIEW SUBSCRIPTION OPTIONS LOGIN

Go to saved articles

Forgot your username or password?

This content is only available to subscribers

VIEW SUBSCRIPTION OPTIONS LOGIN

We are sorry, but we don't have any articles at this address.

Engineering News Home page

Business Thought Leadership

Announcements

To advertise on Engineering News, email advertising@creamermedia.co.za

Research Reports

Water 2024/5: Averting a crisis

Electricity 2024/25: Tariffs, renewables and transmission challenges

Projects

Metal-to-crystal project, South Africa

17th January 2025 By: Sheila Barradas

Platinum Village, South Africa

17th January 2025 By: Sheila Barradas

Latest Multimedia

Mulilo gears up for big year of execution as it accelerates transition to integrated IPP

21st January 2025 By: Terence Creamer

Driver behaviour, vehicle testing in the spotlight as festive season road stats are released

20th January 2025 By: Sabrina Jardim

Latest News

ACSA reports OR Tambo airport has fuel for January; it is now working on February supply

20th January 2025 By: Rebecca Campbell

South African growth outlook has improved but inflation risks abound, central bank says at Davos

21st January 2025 By: Reuters

Latest Multimedia

sponsored by

On-The-Air (17/01/2025)

17th January 2025 By: Martin Creamer

Can the Network Statement facilitate entry of new private train operators?

17th January 2025 By: Creamer Media Reporter

Innovative engineering sees Gerhard Moolman row solo across the Atlantic in record time

17th January 2025 By: Darren Parker

Magazine round up | 17 January 2025

17th January 2025

Press Office

SMS group

Integrated Pump Rental (IPR)

Pilot Crushtec

SRK Consulting

ITALCHAM

BMG

Announcements

The evolution of data’s ‘AI-dentity’

Qlik Acquires Upsolver to Deliver Low-Latency Ingestion and Optimisation for Apache Iceberg

WearCheck Water first with official AdBlue®/ DEF analysis accreditation

AET back in the spotlight as foundational skills gaps grow

What's On

Mineral Resource Estimation Conference 2025

Enlit Africa 2025

Africa Energy Indaba

PGMS Industry Day

Junior Indaba

Option 1 (equivalent of R125 a month):

Option 2 (equivalent of R375 a month):

Already a subscriber?

Forgotten your password?

Click Here

MAGAZINE & ONLINE

➕

RESEARCH CHANNEL AFRICA

➕

CORPORATE PACKAGES

CLICK FOR A QUOTATION

➕

https://newsletter.en.creamermedia.com

Enter your search term

*Limited to most recent 250 articles
Use advanced search to set an earlier date range

ADVANCED SEARCH

Sponsored by

VIEW SUBSCRIPTION OPTIONS LOGIN

Go to saved articles

Forgot your username or password?

This content is only available to subscribers

VIEW SUBSCRIPTION OPTIONS LOGIN

GASES

Afrox not receiving bulk volume allocation from refineries

Afrox MD Tjaart Kruger discusses the Highveld supply agreement.

Download Buy Photos

5th August 2011

By: Dennis Ndaba

Font size: - +

Industrial gases and welding products group African Oxygen (Afrox) MD Tjaart Kruger says that the company has not received its bulk volume allocation from refineries, which is causing problems for it, especially with liquefied petroleum gas (LPG).

“We are concerned about the refineries’ capabilities going forward. We must establish a better supply chain in LPG, which will include importation in the next year or two,” Kruger said at the Afrox interim results presentation for the six months ended June 30.

He added that, although the company has made good progress, cost and price management and plant reliability will remain challenges going forward.

“We have made huge strides in managing our costs but they will remain a focus area going forward in an economy that has labour inflation of over 10%.”

On price management, he added that the company was comfortable with its competence in managing pricing but warned that the fragile economy was not going to save the company – it needed to save itself.

“I do not believe that for the rest of the year, we are going to see huge growth. July is going to be a disaster for most companies in view of the strikes we have had. We have to manage those issues and get through them as an economy, which puts a damper on expectations for the second half of the year,” said Kruger.

Afrox also announced that it had been unsuccessful in the renewal of the Highveld supply agreement, which had led to an impairment of the R152-million assets associated with its Highveld plant.

Evraz Highveld Steel & Vana-dium’s decision not to renew a gas supply contract followed Highveld initiating arbitration against Afrox last year, because it lost a “substantial volume of tons” of steel and vanadium because of gas supply disruptions.

Kruger pointed out that capacity at its Pretoria and Wadeville plants would be increased to fill the gap of supplying gas to the merchant market if the Highveld plant was closed.

“We will have enough products for at least three years. The argon will be procured from other sources. “It is embarrassing for us to have lost that contract. It is not something that we planned, but that is not the end of Afrox,”

He noted that the tonnage business was important from an integration point of view, but relatively small if one looked at the numbers.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

Comments

Research Reports

Cover image of Creamer Media's Telecommunications 2024 report

Telecommunications 2024: SA's telecoms landscape expanding and evolving

Creamer Media Construction 2024/25 cover

Construction 2024/25: Adapting to new realities

Projects

Metal-to-crystal project, South Africa

17th January 2025 By: Sheila Barradas

Platinum Village, South Africa

17th January 2025 By: Sheila Barradas

Latest Multimedia

Mulilo gears up for big year of execution as it accelerates transition to integrated IPP

21st January 2025 By: Terence Creamer

Driver behaviour, vehicle testing in the spotlight as festive season road stats are released

20th January 2025 By: Sabrina Jardim

Latest News

SA’s economic growth not at optimum levels – Paul Mashatile

21st January 2025 By: Thabi Shomolekae

truck driver safety and wellness symposium

Second yearly truck diver Safety and Wellness Symposium confirmed for March

21st January 2025 By: Darren Parker

Showroom

Electro-Mechanical Equipment

Actom

Your one-stop global energy-solution partner

VISIT SHOWROOM

Energy and Environmental Solutions

John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM

Latest Multimedia

sponsored by

On-The-Air (17/01/2025)

17th January 2025 By: Martin Creamer

Can the Network Statement facilitate entry of new private train operators?

17th January 2025 By: Creamer Media Reporter

Innovative engineering sees Gerhard Moolman row solo across the Atlantic in record time

17th January 2025 By: Darren Parker

Magazine round up | 17 January 2025

17th January 2025

Press Office

ASP Fire

Fuchs Lubricants

SKF Group

Integrated Pump Rental (IPR)

SRK Consulting

Bearings International

Announcements

The evolution of data’s ‘AI-dentity’

Qlik Acquires Upsolver to Deliver Low-Latency Ingestion and Optimisation for Apache Iceberg

WearCheck Water first with official AdBlue®/ DEF analysis accreditation

AET back in the spotlight as foundational skills gaps grow

What's On

Mineral Resource Estimation Conference 2025

Enlit Africa 2025

Africa Energy Indaba

PGMS Industry Day

Junior Indaba

Option 1 (equivalent of R125 a month):

Option 2 (equivalent of R375 a month):

Already a subscriber?

Forgotten your password?

Click Here

MAGAZINE & ONLINE

➕

RESEARCH CHANNEL AFRICA

➕

CORPORATE PACKAGES

CLICK FOR A QUOTATION

➕

Read Now