Redox Ltd (ASX: RDX, ‘Redox’ or ‘the Company’), a leading global distributor of chemicals, ingredients, and raw materials, is pleased to announce the acquisition of 100% of the shares in Molekulis Pty Ltd and Molekulis Limited (‘Molekulis’), a recognised leader in Transformer and Specialty Oils.
This acquisition, aligned with Redox’s inorganic growth strategy, enhances the Company’s client base across Australia and New Zealand, adds valuable supplier relationships with key specialty oil manufacturers, and expands the product range available to Redox’s loyal customers. It also strengthens Redox’s value proposition, allowing us to better meet the needs of clients across both existing and new industry sectors.
Under the leadership of Managing Director Philippe Reboul, Molekulis has established itself as a specialist in the supply of Transformer Oils — a critical component in the energy production, transmission and distribution sector. Headquartered in Brisbane, the company also operates a transformer oil regeneration plant in New Zealand. Molekulis recorded approximately A$27 million in sales revenue in 2024.
Philippe Reboul, Managing Director of Molekulis, commented:
“I’m very grateful of what the Molekulis team has built over the years and the strong relationships we’ve developed with our customers and suppliers. Joining Redox is a powerful next step for the business — their scale, resources, and the strong values we share will open up new opportunities for our customers while maintaining the high level of service and expertise they’ve come to expect. I’m excited to see Molekulis grow as part of the Redox team and confident this move will create lasting value for everyone involved.”
Raimond Coneliano, CEO & Managing Director of Redox, added:
“Molekulis is a business we’ve long respected, and we’re thrilled to welcome Philippe and his team to Redox. This acquisition strengthens our technical expertise and broadens our product offering — particularly in the power industry, as well as the lubricants, rubber, and bitumen sectors. We’re especially excited about Molekulis’ regeneration plant in New Zealand, which enables us to play a bigger role in the circular economy by giving used transformer oil a second life through careful reprocessing and helping reduce waste.”
Transaction Details and Transition Arrangements
A Share Sale Agreement was executed on 29th of April 2025, with completion on the 30th of April 2025, with key assets of Molekulis acquired by Redox as at that date.
Customers and suppliers should continue to engage with Molekulis as usual. Integration plans will be communicated in due course.
For more information, please contact your Redox or Molekulis representative.
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Did you know synthetic oil was initially developed for aeroplanes, not automobiles?
While it was first created to withstand the extreme conditions of aviation engines, synthetic oil has since become the preferred choice for modern high-performance car and truck engines and transmissions.
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As a distributor of Chevron Phillips Chemical’s extensive Synfluid® range of PAOs, Redox plays a key role in delivering premium synthetic base oils to the market. These polyalphaolefins (PAOs) are the foundation of high-quality synthetic lubricants, ensuring equipment runs smoother, lasts longer, and performs at its best—even under extreme conditions.
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Nitrate of soda, scientifically known as sodium nitrate (NaNO3), is a versatile compound that has played a crucial role in various industries throughout history. From agriculture to manufacturing, this compound has proven itself indispensable. Let’s delve into the fascinating story of Nitrate of soda, exploring its uses, historical significance, and impact on different sectors.
Historical Roots
The history of Nitrate of soda is intertwined with the development of the mining industry. Deposits of sodium nitrate were discovered in Chile’s vast and arid landscapes in the early 19th century. The substance was initially known as “Chile saltpeter,” reflecting its origin and economic importance.
As demand grew, Nitrate of soda became a sought-after commodity, sparking a thriving industry in Chile and beyond.
Workers loading nitrate onto ships, Pisagua, Chile, 19th Century. In 1810 large nitrate (salitre or saltpeter) deposits were discovered in the Corregimiento de Tarapaca, and Pisagua became an important port due to its major role in the export of this product.
Agricultural Marvel
One of the primary and enduring uses of Nitrate of soda is in agriculture.
Its high solubility in water makes it an excellent source of nitrogen, a vital nutrient for plant growth. Farmers worldwide have utilised Nitrate of soda as a nitrogen-rich fertiliser to enhance soil fertility and promote robust plant development.
Its effectiveness in providing immediate nourishment to crops has made it a staple in modern agricultural practices.
Industrial and Manufacturing Uses for Nitrate of soda
Nitrate of soda’s applications extend beyond agriculture and explosives. It serves as a reducing agent, decolourising agent, and even a component in producing certain chemicals in various industrial processes.
Its solubility and chemical properties are valuable in diverse manufacturing sectors, including glass, dyes, and metal treatment.
Explosive Applications
During the early 20th century, Nitrate of soda found another critical application – in producing explosives. Ammonium nitrate, a derivative of Nitrate of soda, became crucial in manufacturing explosives and munitions.
This application played a significant role during wartime, highlighting the compound’s versatility in peaceful and wartime industries.
Other industry uses for Nitrate of soda
Some other sectors where sodium nitrate is commonly used include:
- Food Preservation – Sodium nitrate is used as a preservative in cured meats, such as bacon and hot dogs, to prevent the growth of bacteria and extend shelf life. It also helps maintain the colour and flavour of the meat.
- Chemical Industry – Sodium nitrate is used in the chemical industry to produce various chemicals, including nitric acid, a precursor to many chemical compounds.
- Metallurgy – Sodium nitrate is used in specific metal treatment processes, such as surface hardening and corrosion prevention.
- Pharmaceuticals – In the pharmaceutical industry, sodium nitrate can be used to formulate certain medications and pharmaceutical products.
- Textile Industry – Sodium nitrate is used in dyeing and printing textiles, acting as an oxidising agent in some dyeing processes.
- Heat Transfer Fluids – Sodium nitrate is used in some heat transfer fluids, especially in solar thermal power plants, where it serves as a heat storage medium.
- Pyrotechnics Sodium nitrate is used to formulate certain fireworks and pyrotechnic devices as oxidising agents.
By inhibiting bacterial proliferation, sodium nitrate helps extend the shelf life of these cured meat products, contributing to their longevity and maintaining their quality over time.
As you can see, Nitrate of soda stands as a testament to the dynamic relationship between human innovation and the resources our planet provides. From its humble origins in Chile to its widespread applications across industries, Nitrate of soda continues to shape our world.
How can we help?
With extensive, well-established networks in the agricultural, mining, explosives, and other Nitrate-dependent industries, contact us today to delve into competitive pricing for Nitrate of Soda.
Ensure you maintain a leading position in your market and uncover how we can be a crucial partner in shaping your procurement strategy.