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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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Redox, in partnership with the Ciantar family (prior owners of Auschem), is proud to announce a generous donation of $50,000 to Sydney Children’s Hospitals Foundation (SCHF). This joint contribution will help fund a vital piece of equipment for The Children’s Hospital at Westmead, explicitly benefiting the Grace Centre for Newborn Intensive Care and NICU. 

The donation will provide the hospital with the Sim NewB airway—a groundbreaking tool designed to transform the way doctors and nurses treat newborn babies in their first moments of life.

The Sim NewB airway offers realistic training for newborn airway management, helping medical professionals develop the skills necessary to effectively perform airway procedures with the correct resistance. This will improve neonatal resuscitation and better equip staff to handle critical moments.

Our contribution will help secure the future of sick kids by: 

Redox is honoured to make this donation on behalf of our staff and their families in support of the Western Sydney community. This contribution will also benefit families and babies across the state who are transferred to The Children’s Hospital at Westmead for specialised paediatric care. 

Redox will be acknowledged at this year’s Grace Gala on Saturday, 31 May 2025, 6.30 pm at The Star Event Centre, Sydney. 

At Redox, we are committed to sustainability and environmental responsibility. As part of our ongoing efforts to minimise our environmental impact, we are proud to announce that starting March 2025, we have joined Agrecovery to provide a sustainable solution for recycling our product packaging.

About Agrecovery

Agrecovery is a not-for-profit charitable trust that offers New Zealand farmers and growers nationwide programmes for the responsible disposal of unwanted agrichemicals and the recycling of empty containers, drums, IBCs, and small seed, feed, and fertiliser bags. Their mission is to promote sustainable practices and improve environmental outcomes for rural communities by ensuring farm plastics are properly recovered, recycled, and reused.

What is Product Stewardship?

Product Stewardship is a proactive approach where manufacturers, brand owners, importers, and retailers take responsibility for reducing the environmental impact of their products. This extends beyond recycling—it encompasses the entire lifecycle of a product, from its design and use to its eventual disposal.

By embracing a circular economy model rather than a linear “make, take, and waste” approach, we can significantly reduce waste. Redox has committed to this initiative by supporting Agrecovery’s voluntary Product Stewardship Scheme, ensuring our packaging is collected and recycled in an environmentally responsible manner.

Redox Bags Now Accepted for Recycling

Through our membership with Agrecovery, we are pleased to offer a more sustainable solution for our customers. Eligible customers can now return certain Redox bags for recycling through Agrecovery’s Small Bags Programme.

This initiative allows small bags (25kg)  Woven PP plastic (number 5) to be recycled, provided they meet Agrecovery’s eligibility criteria.

The following 25kg products have been approved for recycling:

This collaboration reinforces our dedication to reducing plastic waste and supporting a circular economy. By making it easier for our customers to dispose of packaging responsibly, we are taking a significant step towards a more sustainable future.

At Redox, we believe in making a difference through our business and by giving back to communities in need. In 2021, we proudly established a philanthropic relationship with Médecins Sans Frontières (MSF) to support their life-saving humanitarian work worldwide. Through ongoing donations and fundraising initiatives, we are honoured to stand alongside MSF as they provide critical medical care to those affected by war, natural disasters, disease outbreaks, and exclusion from healthcare.

A Relationship Rooted in Compassion

Médecins Sans Frontières is an internationally recognised humanitarian organisation that delivers impartial medical aid in over 72 countries. Its teams operate on the frontlines of the world’s most pressing crises, providing emergency care in war zones, responding to epidemics, treating malnutrition, and ensuring that those without access to healthcare receive desperately needed assistance.

Redox’s commitment to MSF is more than just financial; it’s about aligning with an organisation that shares our values of integrity, compassion, and action. By supporting MSF, we empower their teams to respond rapidly to unfolding emergencies, ensuring high-quality care reaches those who need it most.

“We recognise that we must work in new ways to address the unprecedented challenges the world is facing,” said Redox CEO and Sales Manager Raimond Coneliano. “Redox is delighted and proud to be putting our commitment into action, and by supporting the dedicated team at Médecins Sans Frontières, we hope to make a fundamental difference to lives across the globe.”

The Impact of Our Support

The past year has demonstrated just how vital MSF’s work is. In 2024 alone, MSF teams have provided urgent medical aid to communities devastated by conflicts in Gaza and Sudan, responding to increasing humanitarian crises with unwavering dedication. Their teams have remained on the ground, treating patients despite ongoing violence, ensuring that critical medical assistance reaches those caught in the crossfire.

Thanks to continued support from donors like Redox, MSF remains independent and agile—ready to respond wherever and whenever they are needed. As we enter 2025, MSF teams are already hard at work delivering life-saving care, whether assisting refugees fleeing conflict, providing maternal healthcare, or combating the latest disease outbreaks.

One of MSF’s most heartwarming traditions is celebrating the first babies born in their hospitals at the start of the new year.

These new beginnings symbolise hope and resilience—reminders of why we support their mission. Each newborn delivered safely into the world is a testament to the impact of humanitarian aid and the generosity of those who make it possible.

Looking Ahead

Our relationship with MSF is just beginning, and we are excited to continue working together to ensure that urgent medical care reaches those in need. Through regular donations and fundraising programs, Redox remains dedicated to supporting MSF’s extraordinary efforts, helping to bring relief, healing, and hope to the most vulnerable.

To our team, partners, and customers—thank you for being part of this journey with us. Your support makes a difference, allowing MSF to continue their vital work worldwide. We look forward to another year of making a positive impact together.

Join Us in Making a Difference

If you want to learn more about Médecins Sans Frontières or support their incredible work, visit their website at www.msf.org. Together, we can help ensure that essential medical aid reaches those who need it most.

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.

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.”

Transaction details and transition arrangements

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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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.

On September 15th, we hosted a special RUOK Day Breakfast BBQ for our valued staff, serving a delectable spread of sausages, eggs, bacon rolls, and more.

R U OK? Day serves as a poignant reminder that any day is an opportunity to ask a simple yet profoundly important question: “Are you OK?” It’s a day dedicated to offering support and compassion to those who may be navigating life’s challenges.

This year, the theme was “R U OK? – I’m here to hear.”

We added a delightful twist to the event by playing an engaging game of HUMAN BINGO. Similar to traditional bingo, the goal was to complete a row, but instead of numbers, we used people descriptors. Laughter and camaraderie filled the air as our team members enthusiastically participated.

Human Bingo Rules

The event was a resounding success, leaving everyone not only with full stomachs but also with a renewed sense of connection and support.

For more information about R U OK? Day and the important work they do, please visit their website.

Redox is committed to nurturing a culture of compassion and understanding within our organisation. We extend our gratitude to our HR department and all the individuals who contributed their efforts on that day. Thank you.

Redox are proud to announce another sales record with revenue growing to $1.26b, up from $1.08b in 2022.

CEO & Managing Director Raimond Coneliano said “We achieved a record FY23 sales result with revenue increasing 16.2% to $1.26 billion over the prior year. This is a fantastic achievement despite the industry at large continuing to face uncertain global economic and trading conditions and pricing volatility. The record sales performance was supported by our strategic decision in the first half of the year to secure inventory to reliably meet our customers’ demand.

As such, Redox was able to maintain its strategic leadership in its core market of Australia and New Zealand, delivering important gains in share of wallet with some of our larger customers, which was supported by adding exciting new products to our diversified portfolio.

In the US, a key growth market for Redox, we continued to grow our presence by expanding into four new locations, bringing our network to six. This geographic expansion and new customer wins have driven strong revenue growth, and we are confident the expanding platform will continue to maintain the positive momentum we are experiencing in the US.

In Asia, sales in Malaysia were relatively stable in FY23 while we also registered a new entity in Singapore to take advantage of the opportunities in that market.”

The company thanks it’s loyal customers, suppliers and team members for their support during the year.