Australian polythene manufacturers Qenos has joined forces with Cooper Basin joint venture partners Santos and Beach Energy after receiving the green-light for the extension of ethane gas supply.
The new sales agreement will enable Qenos to maintain its operations at Botany Bay in Sydney and secure over 500 jobs associated with its New South Wales activities.
Qenos Botany covers 37 hectares in a major chemical and plastics manufacturing area located next to Botany Bay shipping terminal. The three major facilities at Botany include Olefines, Alkathene and Alkatuff.
Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.