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.
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.
Redox has commenced the installation of electric chargers at its sites starting with 12 units at its head office in Sydney, to help promote the adoption of zero-emission vehicles and better utilise the renewable solar energy that the company produces.
With the growing adoption of zero-emission vehicles in Australia, accounting for 8% of new car sales, we have taken a progressive step by introducing electric vehicle (EV) options for our employees. This decision empowers our workforce to actively contribute to decarbonisation efforts and reaffirms our position as an industry leader.
The charging infrastructure overlays our existing significant investment in our sites, equipping them with photovoltaic solar generation systems with a total capacity of 600kW. We are immensely proud that our commitment to practical initiatives contributed to our recent recognition with the prestigious Silver medal sustainability rating from Ecovadis in 2023.
We plan to gradually expand this infrastructure to other Redox-operated sites, making sustainable transportation solutions more accessible.
On Monday, the 3rd of July 2023, at midday in Sydney, the company was officially listed on the Australian Securities Exchange (ASX).
This is the culmination of more than 58 years of hard work by the Coneliano family and our loyal employees; we believe that listing on the ASX has strengthened the company and will provide it with a foundation to grow into the future.
The company thanks our advisors UBS, Ord Minnett, Herbert Smith Freehills, Deloitte and Citadel Magnus for their assistance throughout the IPO process.
Finally, we extend a warm welcome to our new shareholders of Redox.
We at Redox are excited to share that we have renewed our Chemical Educational Foundation’s Presidents Club membership. This is our way of supporting the CEF team’s efforts to promote chemistry education and raise awareness among students in grades K-8.
CEF’s You Be The Chemist programs uniquely connect business and education in local communities to reach students early in life and ignite a passion for chemistry and science-related careers.
Companies and individuals in the science and chemistry industries have invested in You Be The Chemist since 1989, to inspire young students into a lifelong passion for these fields. Programs are implemented in partnership with schools and education programs so activities align with local workforce and learning needs.
Nick Osmo, General Manager, North America, said, “I believe fostering curiosity into STEM at an early age is essential. We want our youth’s innate curiosity to overcome any intimidating aspects that otherwise might deter them so that these powerful subjects become enduring areas of interest, study and eventually a career and passion.”
In today’s world, where science, technology, engineering, and mathematics (STEM) are crucial for the future workforce, high school and post-secondary students often receive the most attention in terms of preparation.
However, it is essential to realise that igniting a passion for science at a young age, even as early as five years old, significantly enhances the likelihood of engaging students in learning and ultimately pursuing careers in STEM fields.
CEF’s outstanding program, You Be the Chemist, is dedicated to this cause. It offers educators many educational resources, including activity guides and workshops. Additionally, the program hosts an annual academic competition at the local, state, and national levels, inviting students in grades 5-8 to compete for scholarships and prizes.
The impact of CEF’s You Be the Chemist program is evident in the remarkable outcomes it has achieved.
The You Be the Chemist program continues to serve as a bridge between businesses, educational institutions, and young students, demonstrating the immense potential of chemistry to create a better world.
ICIS Chemical Business Magazine has released their annual Top 100 Chemical Distributors for 2023 and Redox has been ranked as the largest Australian distributor, 12th largest in APAC and the 34th globally.
This list includes 340 of the world’s leading chemical distributors with rankings based upon revenue achieved during Calendar Year 2022.
Of note Redox has climbed 30 places in North America as the company grows it’s presence in the US and Mexican markets, with new locations opened recently in Houston, Dallas and Seattle.
This result is an endorsement of the value that Redox has been able to deliver for clients and our suppliers through the good work of our dedicated team.
Click here to read the full report.
Today is World Water Day, focusing on expediting efforts to address the global water and sanitation crisis. Since water is a fundamental need for everyone, it is essential that each one of us takes responsibility and takes action towards this cause.
In 2021 Redox commenced support for Médecins Sans Frontières (MSF) to aid their critical global efforts. Our donations help enable the teams at MSF to respond promptly to emergencies and deliver superior medical care to those in dire need-no more important than clean, accessible water.
MSF operates in countries where access to water can mean the difference between life and death. Inadequate water results in crop failure and suffering, while excess water leads to natural calamities like floods, landslides, and epidemics. Clean water is crucial in preventing waterborne illnesses.
During times of crisis and disaster, the most vulnerable, such as children, pregnant women, the elderly, and displaced individuals, are usually the first to bear the brunt. In Afghanistan and Syria, people are cut off from water supplies. In contrast, the Sahel region’s lack of food and water exacerbates existing inequalities. Eastern Africa experiences relentless storms and cyclones, causing widespread destruction.
Humanitarian medical needs continue to grow in these regions, and climate crises are emerging as a new area of concern for aid organizations. Drought in Madagascar is leading to increased malnutrition, while frequent extreme weather events are destroying livelihoods in countries such as Malawi. Persistent flooding in South Sudan has resulted in a rise in malaria cases.
These crises are often intertwined, with water being the common denominator.
Despite the challenges facing the world’s freshwater resources, there is still hope for a sustainable future. By taking action to conserve and manage our water resources, we can help ensure a future where clean and safe water is available to everyone. We can make a difference by adopting sustainable water practices in our daily lives, such as reducing water usage, fixing leaks, and using water-efficient appliances. Organizations and governments can also play a significant role by implementing policies and initiatives that promote sustainable water management. Let us take inspiration from World Water Day to work together towards a future where access to fresh water is a reality for all.
Join us in supporting the critical work of Médecins Sans Frontières by clicking here to donate. Your contribution will help MSF continue providing lifesaving care in emergencies and beyond, ensuring that vulnerable communities receive the help they need even after the headlines have faded.
The importance of water is often overlooked in our modern world. National Water Week, hosted by the Australian Water Association (AWA), hopes to encourage individuals and communities to be inspired by how much we need this essential resource for life!
Difficulties in managing this precious resource are as varied as they are complex. Australia’s climate and landscape, coupled with the demands of agriculture and growing urban populations, can make water supply difficult. Northern Australia, for example, has significant water resources that are not easy to capture and store.
Add to this,
The Australian Water Association is the most extensive not-for-profit network dealing in all aspects of water, including inspiring and driving a sustainable future for our country’s precious resource – fresh, clean drinking H2O! Through local, national and international networks of individual and business members, AWA shares information and opportunities to inspire positive change by sharing expertise.
Redox has a proud tradition of supplying quality water treatment products to all areas of the industry, reaching back more than fifty years. We know that innovation, safety, efficiency and dependability are paramount in treating one of the world’s most precious resources.
Our wide range encompasses items for use in all aspects of water treatment, from pH adjusters for potable drinking water, speciality biocides for cooling towers, Ion Exchange for power stations, and great-value pool chemicals. For the safest and cleanest water, we supply:
Browse our full water capability statement below or click here to download a copy.
Redox has been a member of the AWA for many years and has specialists in water treatment and filtration who can assist when you aren’t sure what to do. Whether it be floods, droughts or desalination, Redox is here to support our customers’ needs. Contact one of our specialists today to find out more.
ICIS Chemical Business Magazine has released their annual ‘Top 100 Chemical Distributors’ list naming Redox as the 11th largest distributor in Asia and 33rd worldwide based on 2020 calendar year revenue (USD $531.2m)
The annual list presents global rankings of companies who are leaders in chemical distribution, positioning global players by sales and also breaks out regional leaders. This year there was a record of nearly 300 companies participating.
Click here to read the full report.
Redox is delighted and proud to be supporting the committed team at Chemical Educational Foundation (CEF), who are dedicated to chemistry education and awareness in the United States, for students in grades K-8.
When it comes to preparing the STEM workforce of the future – those industries relying on science, technology, engineering, and mathematics – too often the focus is on students in high school and post-secondary education.
But the truth is, if students aren’t inspired by science when they are young – as early as five years old – it gets increasingly harder to engage them in learning and ultimately, enter careers in STEM industries.
Through their You Be the Chemist program, CEF provides educational resources in the form of activity guides and workshops for educators. Their academic competition is held annually at local, state and national levels where students in grades 5-8 compete for scholarships and other prizes.
The results of their You Be the Chemist program speak for themselves.
Our contribution allows CEF to:
“Student interest in science and chemistry is essential. It’s of fundamental importance that we reach the youngest students to inspire them towards careers that drive our businesses and the economy. Our great hope is to make a fundamental difference to these young people, building the workforce of tomorrow by Inspiring youth of today” Nick Osmo, Redox USA
You Be the Chemist continues helping businesses and education providers show young students the potential to build a better world through the science of chemistry.
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