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

Other recent episodes

SMME: Akandi Office Furniture

Today on Business Watch we feature another SMME, and this week it's Akandi Office Furniture which was founded in 2018 by Reabetswe Moabi. Akandi Office Furniture specialises in providing high-quality office furniture solutions to businesses of all sizes. Moabi says the company employs a team that includes young women from…
26 Jun 1 min

SMME Spotlight: Culture Water

Every Monday and Thursday we focus on SMMEs on Business Watch, and today Culture Water is being featured. Culture Water currently employs 10 individuals and was founded in 2021 to provide high-quality, safe, and affordable drinking water. Managing Director at Culture Water, Nomonde Buthelezi, says they believe they solve a…
23 Jun 1 min

SMME Spotlight: Mod-Living Furniture

On today's Business Watch we feature another SMME, and this week it's a zero-waste timber manufacturing company based in Stanger called Mod-Living Furniture. Founded by Kavika Singh, the company operates with a team of 14 employees to supply raw pine timber, pallets, doors, and sawdust for biofuel. Mod-Living Furniture is…
19 Jun 1 min

SMME Spotlight: DANVision PTY LTD

Alfred Ntshangase, founder of DANVision PTY LTD, established the company in 2015 in Richards Bay. Specialising in railway line repair and maintenance, DANVision employs 31 individuals. Ntshangase's drive stemmed from showcasing railway maintenance skills and breaking industry stereotypes. Overcoming initial hurdles of accessing major companies required understanding their culture and…
12 Jun 1 min

SMME Spotlight: Vikeleka Clothing

Vikeleka Clothing has been operating in Richards Bay since it was founded by Mr. Bheki Mbokazi in 2005. Mr. Mbokazi's previous experience inspired him to ventured into the manufacturing industry. The company specialises in manufacturing protective clothing and supplying safety consumables, with a staff of 19 from the local community…
9 Jun 1 min