By Graeme Kennedy
Friday 12th March 2004 |
Text too small? |
Caltex and Origin were to sign the agreement for an undisclosed amount today, with the new arrangement as a purely-Origin subsidiary beginning on March 31 after 14 years as a joint venture.
Rockgas general manager Owen Poole said the $80 million-turnover business expected continued 15% annual growth in the industrial, commercial and domestic sectors, although automotive LPG demand remained flat.
However, Rockgas would remain Caltex's preferred supplier.
Poole said Rockgas serviced 300 bulk industrial clients, 7000 commercial customers, 13,000 domestic users and 300 vehicle refuelling stations in New Zealand.
No comments yet
Skellerup achieves another record result
August 21st Morning Report
Me Today signals capital raise and provides trading update
Seeka Announces Interim Result and Updates Guidance
FBU - Fletcher Building announces FY25 Results
August 20th Morning Report
RUA - New Zealand grown products support Rua's global strategy
Devon Funds Morning Note - 19 August 2025
Seeka Announces 15 cent Dividend
MCY - Major renewable build advanced despite 10% earnings dip