FFS Refiners' R350M job creation and Bitumen supply investment

There is a massive demand for bitumen in road construction projects in South Africa, especially related to the strategic infrastructure programmes outlined by President Cyril Ramaphosa that need to be addressed for South Africa’s economy to be put back on track. FFS Tank Terminals’ facilities will provide the industry with the security of a bulk supply of bitumen following the untimely demise of the local refining industry.

In addition, the Vala Zonke programme, announced by Transport Minister Fikile Mbalula, aims to address the scourge of potholes nationally. The availability of bitumen will enable this critical infrastructure programme to meet its goals and keep the economy of South Africa moving forward.

The expansion consists of the construction of storage tanks with a total capacity of 26 500 cubic meters (26 500 000 litres) and will be implemented in two phases. Phase 1 will be constructed for rental and will include three storage tanks with a capacity of 7 500 cubic meters (7 500 000 litres), including product heating facilities, an import pipeline, two loading gantries, and two weighbridge facilities – phase 1 is already underway with all engineering design work completed and expected to operate by September 2023. Furthermore, South African civil and tank fabrication contractors have been appointed, ensuring job creation is prioritised during the expansion.

WR Van Der Merwe has more in Business Watch
2 Oct 2022 English South Africa Business · Business News

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