Redox climbs in top private companies listing

Australian based chemical and ingredients distributor Redox climbed the IBISWorld Top 500 Private Companies listing published in the Australian Financial Review from 86th to 74th place based on 2017-18 Financial Year revenue of $654m.

Australia's largest 500 private companies accounted for more than $220 billion in revenue in 2017-18, or 4.3 per cent of the $5.1 trillion total earned by all businesses.

About Redox
Redox is a leading commodity and speciality chemical distributor with 11 sales offices throughout Australia, Malaysia, New Zealand and the United States. With more than 350 staff and sales in excess of A$654 million last financial year, Redox brings the best products from around the world to clients in over 200 unique industries.

Redox implements GS1 labelling

Logistics plays an important role in the global economy as businesses rely on logistics to source, produce and deliver their goods and/or services. With an ever changing technological environment it is imperative that companies embrace new technology and seek innovative means to enhance their supply chain. Redox has recently adopted the GS1 standard barcode labelling system to help identify, capture, share and use data within their supply chain.

Redox has an important position in the ingredient and chemical distribution supply chain as it connects customers and suppliers from across the globe. Earlier this year, Redox implemented the GS1 standard barcode labelling system which has seen success for Redox across its global supply chains.

The GS1 standard barcode labelling system creates a common foundation for businesses by uniquely identifying, accurately capturing and automatically sharing vital information about individual products, trading partners, locations, logistics units, assets, shipments and services.

Since implementing the GS1 barcode labelling system, the chain of supply has been improved with the ability to efficiently capture and share data, as it links the physical movement of goods to the information flow along the supply chain.

The  GS1 barcoding system is being rolled out for customers who have requested it with many  seeing benefits for  greater efficiencies, security and sustainability within the supply chain.  

Benefits include

  • Reduced transport and logistics costs due to implementing a unified system
  • Improved productivity as processes are streamlined
  • Improved inventory turnover as accessibility and organisation is improved
  • Decreased asset loss and increased security due to improved traceability of stock
  • Satisfied customers and suppliers due to increased overall efficiencies

Redox places importance on creating value for both suppliers and customers through continual development and innovation of their supply chain. There is no single solution, however through the implementation of new technologies, such as the GS1 barcode labelling system, and improvement in existing processes Redox is increasing its value for all stakeholders with greater efficiencies across the supply chain.

About Redox
Redox is a leading commodity and speciality chemical distributor with 11 sales offices throughout Australia, Malaysia, New Zealand and the United States. With more than 350 staff and sales in excess of A$654 million last financial year, Redox brings the best products from around the world to clients in over 200 unique industries.

Product Focus – UVASYS by Tessara

UVASYS is known worldwide as the pioneer of the laminated plastic sulphur dioxide generating sheet. It is acknowledged in countries that produce, export or import Table Grapes as the premium product. Its function is to protect grapes from postharvest fungal decay, particularly the devastation caused by the Botrytis cinerea fungus (grey mould/mold) on grapes that are transported and stored.

The unique and innovative construction of UVASYS sulphur dioxide generating sheets ensures a predictable and consistent emission of sulphur dioxide over an extended period. This has the benefit of maximum fungal decay control, combined with minimum sulphur dioxide burn damage.

The superior appearance of stems and berries after months of storage is assured, and the consequent extension in shelf life make Uvasys the choice of many leading European retailers worldwide. These major advantages are in part owing to its unique plastic and wax/sodium metabisulphite matrix laminating process, and in part to the manufacturing process which adheres to tight specifications and stringent quality control procedures. Uvasys was the first sulphur dioxide generating sheet to be manufactured in a BRC certified environment.

Older technology sheets such as the paper/plastic granular Sodium Metabisulphate combination sulphur dioxide generating sheets are unable to provide the precise nature of the UVASYS laminated sheet’s technology and the consistency and control of its sulphur dioxide emissions.

Uvasys sheets are manufactured in batches, every batch of UVASYS sheets has a unique number, which is printed on each sheet. This batch number provides full traceability in accordance with standards expected by customers today. This is another reason why users trust Uvasys.

Continuing research has proved conclusively that SO2 is the most practical and effective method available to destroy or inhibit the growth of the Botrytis cinerea fungus on fresh fruit.

Through the supply of UVASYS, Redox customers are provided with high quality specialty products and technical support to suit their grape needs.

Talk to an expert today!

 

About Redox
Redox is a leading commodity and speciality chemical distributor with 11 sales offices throughout Australia, Malaysia, New Zealand and the United States. With more than 350 staff and sales in excess of A$654 million last financial year, Redox brings the best products from around the world to clients in over 200 unique industries.

Redox reports $107.9m sales increase

packaging_redox

Redox, the Australian-based chemical distribution heavyweight has continued to out-perform its peers with a gigantic $107.9m+ (19.8%) increase in sales revenue last financial year from $546m to a record $653.9m.

Dipping into its war-chest to supercharge growth, the company has pushed resources into expanding its sales team significantly and investing in enlarged stock positions and as a result grew sales in a number of industry sectors such as Water Treatment, Explosives, Agriculture, Plastic, Food and Mining.

While manufacturing conditions are generally weak leading to tougher trading conditions Redox has been able to take advantage of instability and flux within its competitors to take market share.

Net Tangible Assets of the group now exceed $234.6m which allows a significant fighting fund to make new acquisitions and enter new markets.

Managing Director Robert Coneliano of Redox Pty Ltd, said “We’re immensely proud of this result and it shows the compelling value that we bring to our clients and supplier partners. The sales strategy that we have in place will see us continue to grow in new markets like the US/Malaysia and defend and grow our positions in our fortresses of Australia/New Zealand. Pending orders are currently up more than 30% on the same time last year so the future looks very bright for us.”

 

 

About Redox
Redox is a leading commodity and speciality chemical distributor with 11 sales offices throughout Australia, Malaysia, New Zealand and the United States. With more than 350 staff and sales in excess of A$654 million last financial year, Redox brings the best products from around the world to clients in over 200 unique industries.

Redox earns EcoVadis Silver Medal

EcoVardis_Redox_2017

Sustainability demands are expanding with 91% of companies now looking beyond price when buying and negotiating (HEC Sustainable Procurement Benchmark 2013). Companies are under pressure from stakeholders to be transparent about their sustainability and CSR practices, including their supply chains. During 2017, Redox engaged in an evaluation of its CSR initiatives and policies with the French based EcoVadis, earning a Silver Medal.

Redox considers their involvement and impact on the global economy seriously, creating a culture encompassing CSR and assigning a dedicated team to quality assurance. Constant review and management of all changing processes ensures Redox maintains best business practices, while acting in accordance with the relevant industry standards.

EcoVadis is a platform for reliable CSR assessments, taking into account the sector, size and geographic location of each company. It offers business partners a transparent exchange in the field of CSR. Redox was positioned in the top 20% of suppliers assessed by EcoVadis in the category ‘Wholesale of waste. Chemicals, fertilisers and agrochemical products, and other products n.e.c.’ When compared to several thousand companies on the EcoVadis platform, Redox ranked alongside 27% which have confirmed engagement.

The Silver Medal for their approach to CSR has been achieved through a commitment to:

  • The Responsible Care Program by Chemistry Australia, which sees us tackle a wide range of issues including: Environmental Protection, Employee Health & Safety, Storage and Transport Safety, Product Stewardship, Community Right to Know and Sustainability.
  • Constant correspondence with suppliers on manufacturing and treatment processes required by the strict import regulations imposed by Biosecurity in both Australia and New Zealand. Continuing efforts with authorities and the Australian Crime Commission to the crackdown on the chemical manufacture of illegal drugs.
  • Procuring the Codex HACCP and FSSC 22000 Food Safety Management System Certifications to allow for the warehousing and supply of specialty ingredients for food and beverage related industries.
  • Improving the internal control systems that monitor our complex range of permits, including Dangerous Goods & Poisons Licensing, HSNO (NZ), quarantine import permits and Chemical Weapon & Illicit Drug Precursors and Kosher and Halal Certifications.
  • Monitoring and assessing our suppliers’ performance against selection criteria to build confidence in our supply base in order to reduce risk.
  • Membership of the RSPO; demonstrating steps towards commitment to sustainable palm oil.
  • Membership of SEDEX and EcoVadis platforms; monitoring and improving our Ethical Sourcing and Sustainability of supply chains.

Redox has established strong dynamic relationships with its clients and suppliers due to its commitment to quality assurance.  With continued developments, Redox will continue to expand its CSR initiatives and grow these relationships.

 

About Redox
Redox is a leading commodity and speciality chemical distributor with 11 sales offices throughout Australia, Malaysia, New Zealand and the United States. With more than 300 staff and sales in excess of A$654 million last financial year, Redox brings the best products from around the world to clients in over 200 unique industries.

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Redox climbs in top private companies listing

Australian based chemical and ingredients distributor Redox climbed the IBISWorld Top 500 Private Companies listing published in the Australian Financial Review from 86th to 74th place based on 2017-18 Financial Year revenue of $654m.

Redox implements GS1 labelling
Product Focus – UVASYS by Tessara
Redox reports $107.9m sales increase
Growing with Redox