About the company

    PUREGAS (Pty) Ltd was established in 1971 and is now recognised as Southern Africa’s leading supplier of purified and blended hydrocarbon gas propellants and foam blowing products and, as an emerging supplier of high-quality speciality gases, gas equipment, Fire Suppression, Ammonia and LPG.

    Our focus is on ensuring quality and customer service and we are committed to offering you, our customers, top-level service in all areas of our business. We are passionate about the safety of our staff and customers, while protecting the environment in everything we do. Our efforts have earned us the ISO 9001:2008 quality certification since 1996.

    We recently expanded our product portfolio to include:

    Directors: RT Vice* (Chairman), V.J. Archer*, O. Fuchs*, G.C. Vice*, P.R. Cloete (Managing Director), W.D. Coetzee, N.J. Wiese, J.A. Swanepoel (*Non Executive Directors)
    Bankers: Rand Merchant Bank/First National Bank
    Legal Advisors: Webber Wentzel
    Auditors: Grant Thornton South Africa

    Royden Vice - Chairman at Puregas

    ROYDEN VICE

    A word from the Chair

    ‘SINCE Puregas changed ownership in 2006, the company has grown from strength to strength, almost doubling in size, while maintaining its strong focus on customer service and proud company ethos.’ These are the words of Royden Vice, Puregas’ Chairman, and major shareholder together with MIC.

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    Vice came to the consortium with a strong background in gases, having worked in the industry since 1975. ‘I started my career at Afrox in a financial role, and as I moved up to head the company’s financial department, I started the Afrox Health Care hospital group,’ says Vice. ‘In 1986 I was asked to move to the US as the Vice President, Finance, for BOC. A year later, I was made President of the Industrial Gases division of BOC in the US and became involved in running the US bulk gases products as well as the BOC companies in South America and Canada. I was offered the role of Regional Director, Africa for BOC in 1992, which included BOC companies in Africa and being the Managing Director of Afrox. I returned to SA.’ In 1998, Vice was asked to move to London to become CEO of the Industrial and Special Products, a line of business of BOC. He worked as one of three Group CEOs for four years until he resigned in 2002 . Via the South African private equity group Ethos, Vice bought a share in Waco International, where he currently serves as the company’s chairman.

    ‘In my 26 years in the gases business, I have worked in almost every geography in the world and in all types of gases,’ says Vice, ‘and this has given me the ability to look at the strengths and weaknesses of the industry in SA and assist in focusing Puregas on areas that will facilitate its further growth.’ Since 2006, Puregas has maintained a strong focus on its customers and has prided itself on becoming less commoditised and a speciality gaseous chemicals company.

    In working to achieve this goal, Puregas has invested in additional storage facilities on its own and its customers’ premises, as well as in increased logistics capacity. The company has also started a greenfield special gases business and has erected a plant at its facility in Alrode. Puregas has also added LPG, fire suppressants and ammonia to its customer product offering.

    ‘Our propellants business has grown strongly in recent years, and when it comes to expanding the business further,’ says Vice, ‘we are not averse to making acquisitions, if necessary.

    ‘One of the things that makes the Puregas business so successful, is its people,’ says Vice. ‘In this small and specialised industry, the vast knowledge and experience of the company’s management and employees is its strength. Puregas has an excellent safety ethic, which is essential and is fortunate to have some financial muscle. It is a combination of these factors that gives it a good growth agenda for the coming years.’

    When asked about his vision for the company, Vice notes that Puregas continually strives to maintain its reputation as a value-adding and customer-focused speciality gases company. Ultimately aiming to list the company on the JSE, Vice predicts that Puregas will double in size over the next three years.

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    MIC

    The Mineworkers Investment Company – (MIC) is a proud shareholder in Puregas (Pty) Ltd via MIC Capital Partners (MCP) and provides Puregas with valuable financial support and guidance on transformation.

    The Mineworkers Investment Company (MIC) is 100% Black-owned Investment Company established in 1995 by the Mineworkers Investment Trust (MIT) to create a sustainable asset base for the benefit of mine, energy and construction workers and their dependents.

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    For Mineworkers Investment Company (MIC), 2015 marks its celebration of 20 years as a leading South African active equity partner, with a highly credible track record. MIC builds a sustainable and growing asset base of performance-driven investments, through investing in a variety of large and small companies in various sectors and guiding them in corporate governance and true transformation. It continuously seeks business opportunities within South Africa, while growing its investee’s African investments by proxy.

    As the dedicated provider of premium dividend flows for its sole shareholder Mineworkers Investment Trust (MIT), MIC prides itself on funding MIT’s four delivery agencies that reach 1.2 million beneficiaries through a range of skills developmental projects. MIC also adds socio-economic value through implementing business incubation and enterprise development projects of its own. MIC provides MIT with funding for its 1.2 million beneficiaries who access education, poverty alleviation, training and research initiatives through MIT’s agencies.

    The MIC’s investment portfolio has grown significantly from a modest base of R3 million when it was established 20 years ago to R5.1 billion by February 2015.

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    Philip Cloete - Managing Director

    Philip Cloete

    Managing Director
    Dries Swanepoel _Financial Manager_puregas

    Dries Swanepoel

    Financial Director

    Reginald Mazibuko

    CO2 Business Unit Manager
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