Handigas filling facilities at branches now cover the Cape to Copperbelt with 300 distributors in operation.
New branch offices built:
Germiston (Barlow Street) cost R110 000
African Oxygen sponsors weekly radio competition "Made in South Africa". This competition calls for people to enter their own songs. Four songs are entered each week with Peter Lotis and Virginia Lee singing them. Winners receive a recording contract.
JSE Debut - Afrox listed on the Johannesburg Stock Exchange with 4,8 million shares on offer.
6 500 South Africans took up the offer, which was over-subscribed 32 times - long standing order!
1 600 cubic metre liquid oxygen plant commissioned in Germiston.
A Contract to supply Highveld Steel and Vanadium with 130 - 150 tons a day signed.
R B Sinclair retires as chairman after sixteen years.
Ian Mackenzie, CEO of Standard Bank, appointed chairman.
- There has been no increase in the price of the company's products since 1958.
Afrox House extended by 3 storey building. New offices built in Cape Town and Vanderbijlpark.
Acquired Industrial Gases of S A (SAIGAS) for R645 000 and increased shareholding in Homegas.
Botswana Oxygen Company formed.
First locally manufactured electrode plant exported to Mauritius.
Agreement signed for the supply of gaseous oxygen to Dunswart Iron & Steel.
Tonnage Oxygen plant commissioned to supply Highveld Steel.
Industrial ground acquired for Walvis Bay and Empangeni.
Capital expenditure hits R3,5 million.
Afrox acquires Thermal Welding Products. TWP Electrodes made to formulae by Phillips of Holland.
Acquired Bongwan Gas Springs.
CO2 plant installed in Cape Town.
Highveld plant comes on-stream.
Luanda electrode plant commissioned.
Over R100,000 donated to Universities in past five years.
Afrox raises R8 million via unsecured debentures at 8,75%
- Dowson & Dobson (general engineering firm)
- Reid Brothers (mining and engineering suppliers)
- Hotel & Hospital Suppliers
A R500,000 oxygen supply scheme is installed for Scaw Metals.
A CO2 plant is installed in Port Elizabeth.
The Dunswart plant commissioned.
Work starts on Scaw plant.
Afrox is awarded a 15-year contract to supply oxygen to Union Steel Corporation.