We are excited to announce that Redox Ltd. has been officially appointed as Dow’s Channel Partner and the Australian distributor for industrial acrylic additives, effective immediately.
This partnership enables Redox to take responsibility for the distribution of the following advanced product lines from Dow, ensuring reliable access to high-quality solutions tailored to industry needs:
These high-performance products are designed to meet various key industries’ unique needs and challenges, providing innovative solutions and enhancing operational efficiency. These industries include:
Redox is already the Australian distributor for Dow’s Ethanolamines (MEA, DEA, TEA) and automated colourants. Now, with the addition of the Acrylic Additives Series to our portfolio, our partnership with Dow continues to strengthen, enabling us to better serve a wide range of industries across Australia.
This expanded collaboration highlights the shared commitment between Dow and Redox to providing exceptional value and service to the Australian market.
We are honoured to represent Dow and are committed to fostering a successful partnership that supports our customers in achieving their goals across these critical industries.
For more information, please get in touch with your local Redox representative.
On behalf of the entire Redox team, we wish you a joyous Christmas and a prosperous New Year.
Please note that our branches will be closed on all public holidays. Refer to the list below for information on our office closure dates:
Due to our transport contractors’ reduced capacity and availability, deliveries may be affected. Customers are advised to plan lead times longer than usual.
Please talk to your representative or complete our online enquiry form for any further enquiries.
Redox Limited (Redox), a leading global chemical, ingredients, and raw material distributor, has acquired the business, stock and key assets of Auschem (N.S.W.) Pty Ltd (‘Auschem’) on the 4th of November 2024.
Redox has assumed the lease of the Auschem site (91 Newtown Road, Wetherill Park, NSW) and will continue to provide all the same products and services as you’ve come to enjoy from Auschem.
Founded in 1998, Auschem is an Australian chemical distributor with a strategic portfolio of solvents. Auschem sells across a wide range of industries including Surface Coatings, Lubricants, Mining and Bitumen. Auschem are equipped to handle bulk product storage, create custom blends and repackage products to meet bespoke customer requirements.
Charlie Ciantar, Managing Director of Auschem, says:
“Auschem and Redox have enjoyed a longstanding relationship so it made perfect sense for the next stage of growth to be under the Redox banner. My sons Jason, Adam and the larger Auschem team are eager to begin this new chapter under Redox leadership, leveraging the company’s greater scale and resources. To our valued customers and suppliers thank you for your support over the years, I am confident that Redox will take excellent care of your needs.”
Accounts arrangements
Auschem invoices dated pre-completion (before 04/11/24) may be paid to Redox who will forward the payment to Auschem. Late or incomplete payment of outstanding debts could result in delay or suspension of delivery.
Order placement
All new orders (post-completion) should be placed against Redox, if you require any clarification or assistance reach out to your representative for help.
We are excited to announce that Redox has recently entered into a new distribution agreement with Guangdong Youju Advanced New Materials, a company rapidly gaining recognition as a global leader in high-performance engineering polymers. Youju specializes in producing a range of advanced polymers, including Polysulfone series (PPSU, PES, PSU) and PPA and LCP. Youju are also a producer of speciality chemicals including BPS, ODA, DCDPS (dimethyl diphenyl sulfone) and BP (Biphenol).
Led by a team of experts holding doctorates and post-doctorates, Youju is at the forefront of research and development, with an impressive 55 authorised patents as of June 2023. With independent intellectual property rights, the company has established an advanced production line for polysulfone resins, boasting an annual capacity of 6,000 metric tons along with a newly commissioned line giving Youju a further 5,000mt per year polysulfone capacity.
Youju is further expanding its production capabilities with new lines under construction. These include a 2,500 metric ton per year LCP line (now running), a 2,500 metric ton per year PPA line (now running), a 5,000 metric ton per year PEI line (under construction) and a 5,000 metric ton per year PCT/PCTG (under construction).
Youju’s commitment to quality is backed by multiple certifications, including IATF 16949, ISO 9001, ISO 14001, and ISO 45001. Their polysulfone series products have been rigorously tested and approved by UL, NSF, WRAS, ACS, and W270. They are compliant with FDA, EU, and ISO 10993 standards. These products have various applications, from medical devices and food and water contact materials to electronics, telecommunications, automotive, and food and beverage industries.
Some of Youju’s notable product offerings include:
This partnership marks an exciting step forward for Redox as we continue to expand our offerings of high-quality, innovative materials to our clients across a range of industries.
Redox Ltd (ASX:RDX, or ‘Redox’ or ‘the Company’), a leading global distributor of chemicals, ingredients and raw materials is pleased to announce that it has agreed to acquire the business of Auschem (N.S.W.) Pty Ltd (‘Auschem’), a specialist in solvent distribution and specialty chemical solutions..
This acquisition expands Redox’s presence in Australia, strengthens key supplier relationships, and enhances the company’s product portfolio, offering greater value to clients. It also positions Redox to meet the needs of a growing customer base and accelerate growth in key market segments.
Founded in 1998, Auschem is an Australian chemical distributor with a strategic portfolio of solvents. Auschem sells across a wide range of industries including Surface Coatings, Lubricants, Mining and Bitumen. Operating from a facility in Western Sydney, Auschem are equipped to handle bulk product storage, create custom blends and repackage products to meet bespoke customer requirements. Sales revenue in 2023 was approximately A$30m.
Charlie Ciantar, Managing Director of Auschem, says:
“Auschem and Redox have enjoyed a longstanding relationship so it made perfect sense for the next stage of growth to be under the Redox banner. My sons Jason, Adam and the larger Auschem team are eager to begin this new chapter under Redox leadership, leveraging the company’s greater scale and resources.
To our valued customers and suppliers thank you for your support over the years, I am confident that Redox will take excellent care of your needs.”
CEO & MD of Redox, Raimond Coneliano, added:
“We are thrilled to welcome the Auschem team to Redox. Their impressive track record and expertise provide a strong foundation for future success. Solvents represent a significant growth opportunity for Redox, and this acquisition will enable us to enhance our capabilities through leasing the Auschem facility in Wetherill Park.
We would also like to extend our gratitude to Richard Xin and his team at Viva Energy Australia, a key supplier, for their support throughout this process. We are excited about the bright future ahead.”
A Sale & Purchase Agreement was executed by the parties on the 11th of October 2024, with completion of the transaction expected on the 11th of November 2024.
Until completion customers and suppliers of Auschem should continue arrangements as normal.
On completion Auschem supplier debts as at completion will be paid by Redox. Auschem customer debts as at completion will be collected by Redox and forwarded to Auschem to ensure an orderly transition.
Speak to your Auschem or Redox representative for more information.
Redox Ltd (ASX:RDX, or ‘Redox’ or ‘the Company’), a leading global chemical, ingredients and raw material distributor, announces that it has agreed to acquire 100% of the shares of Oleum Pty Ltd and Oleum Holdings Pty Ltd (‘Oleum’), a specialty and commodity chemicals distributor to the agriculture, mining, personal care and surface coatings sectors.
The acquisition, which is consistent with Redox’s strategy, expands the Company’s customer base in Australia, enhances supplier relationships with globally significant specialty chemical manufacturers and widens the range of products available to Redox’s established clientele. It will allow the Company to better serve the needs of a larger number of clients and help to accelerate growth in key market segments.
Founded in 2015, Oleum is an Australian chemical distributor with a strategic portfolio of surfactants. Oleum sells across a wide range of industries and has a particular focus and strength in Crop Protection and Household/Personal Care. Headquartered in Melbourne, the company consists of a team of 5 who have achieved an outstanding track-record of excellent customer service across a range of compelling offerings from some of the world’s most renowned manufacturers. Sales revenue in 2023 was approximately A$30m.
John Lemanis, Director of Oleum, says:
“Redox is the perfect home for Oleum, the businesses are strategically well aligned and will be highly complementary to each other. My team is excited to join Redox which will leverage what’s great about us with the benefit of Redox’s leading software system, wide logistics network and larger team of salespeople.”
CEO & MD of Redox, Raimond Coneliano, added:
“This is a special opportunity, and we are delighted to welcome John and the Oleum team to Redox. Together our combined knowledge and product portfolio will be an exciting prospect for Australian customers of both companies. In time, we anticipate the opportunity to promote select Oleum products and suppliers to our clients in the United States and around the world. This certainly helps cement Redox as the pre-eminent distributor of chemicals in the region and will provide new avenues for growth.”
Transaction details and transition arrangements
A Share Sale Agreement was executed by the parties on 2nd July 2024, with a simultaneous completion of the transaction. As a result Redox has acquired the key assets of the business as of this date.
Customers and suppliers should continue to deal with Oleum Pty Ltd as per pre-acquisition, it is expected that integration will be completed on the 1st of August 2024 after which all new orders should be placed upon Redox Limited.
Reach out to your Redox or Oleum representative for more details.
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ICIS Chemical Business Magazine has unveiled its annual Top 100 Chemical Distributors list for 2024, and Australian-based global chemical distributor Redox has risen to new heights in the rankings.
ICIS Chemical Business Magazine has unveiled its annual Top 100 Chemical Distributors list for 2024, and Australian based global chemical distributor Redox has risen to new highs in the rankings.
Redox confirms it’s place as the largest chemical distributor in Australia, 15th largest in the Asia-Pacific (APAC) region, and the 33rd largest globally (up from 34th rank).
The prestigious list features 323 of the world’s leading chemical distributors, with rankings determined based on revenue generated during the 2023 calendar year.
Remarkably, Redox has made impressive strides in North America, climbing 14 positions as we further expanded our footprint in the US markets with 6 locations.
This achievement underscores the value that Redox delivers to its clients and suppliers, which is made possible by its team’s dedication and hard work.
For the full report, click here.
As part of our commitment to constructive and meaningful support to improving advocacy for industry Redox has joined the Bulk Liquids Industry Association (BLIA).
The association represents businesses that import, export, ship, store, or transport bulk liquids across Australia and provides an important forum for information exchange and discussion of issues relevant to the industry.
The BLIA liaise with relevant port authorities to improve the economics and efficiency of bulk liquids movements into and out of Australian ports and represent members’ interests relating to existing or proposed legislation, industrial agreements or awards.
We look forward to adding our voice and support to debate on important issues of industry debate.
Redox Limited (ASX: RDX) is pleased to announce that Redox has been selected for inclusion in the Standard & Poor’s (“S&P”)/ASX 300 Index by the S&P Dow Jones effective prior to ASX market opening on March 18, 2024.
Raimond Coneliano, CEO and Managing Director, comments, “We are very pleased that Redox has been selected for inclusion in the S&P/ASX 300 Index. This was one of our aspirations during our IPO process last year and we’re satisfied to have achieved this milestone so quickly. In a way, this is recognition of the enduring value that the company has built over nearly sixty years as a leading chemical and ingredients distributor coupled with an exciting growth trajectory as we expand globally. S&P/ASX 300 Index inclusion places Redox amongst the 300 largest securities traded on the ASX. It should help increase Redox’s trading liquidity through incremental demand for our shares from institutional investors and fund managers who track the composition of the Index and benchmark their performance against it.”
The S&P/ASX 300 is designed to provide investors with broader exposure to the Australian equity market. The index measures 300 of Australia’s largest highly liquid securities listed on the ASX by float-adjusted market capitalization. The S&P/ASX 300 index covers the large-cap, mid-cap, and small-cap components of the S&P/ASX Index Series.
This index is designed to provide investors with broad exposure to the Australian equity market while allowing them to benchmark against a wide selection of opportunities based on specific size and liquidity parameters.
Redox Limited (Redox) has agreed to purchase the business of New Zealand based specialty plastics distributor Element Raw Materials Ltd (ERM) with the transaction expected to be completed on the 13th of December 2023.
Founded in 2010 by Jason Reid & Kathy Wilson, ERM has developed an enviable position amongst the Australian & New Zealand plastics industry as a leading distributor of elastomer, polymer and polymer compounds with a focus on innovation and customer relationships. Earning a place in Deloitte’s Fast 50 2022 for New Zealand and winning the Otago sales growth award for consumer products, ERM has a wide range of products including emerging green polymer chemistries.
CEO & MD Raimond Coneliano said “This is a banner year for our plastics division and this acquisition cements the company in some high-value, specialty products with the world’s best manufacturers. Redox continues to be the premier route to market for the region providing unparalleled access to products, customers and suppliers delivered through personalised service.”
Jason Reid thanked the Redox team “We are thrilled to announce Element customers will continue the successful growth pathways established over the past 13 years. Now in partnership with the experienced team at Redox and with the efficiencies of scale Redox can provide, we look forward to offering even more value to customers and further expanding the strong technical and commercial support provided.”
For more information please contact your Redox representative.