In March this year, Rubis Asphalt South Africa (RASA) began its partnership with FFS Refiners through the leasing of 4800m3 bitumen storage tanks at the FFS site in the port of Cape Town. This development has been key to the supply of hot bitumen into the Western Cape region.
On the back of this successful venture, RASA is very proud to announce that we will again partner with FFS, via their Tank Terminal Division, for the construction and leasing for 7500m3 bitumen storage tanks to be built at Maydon Wharf, in the Port of Durban. FFS will invest R350M into the expansion of existing storage at Maydon Wharf. RASA will be the anchor tenant for the first phase of this development. Construction has begun and the terminal is expected to be completed during Q4 in 2023.
The long-term lease agreement between FFS and RASA will incorporate the Durban and Cape Town facilities and further demonstrates Rubis Asphalt commitment to the South African asphalt and road construction industry. It will give the industry reassurance that good quality, hot bitumen will be available throughout the year in Durban. This partnership will also create additional jobs and much needed investment into the Durban and greater KZN economy.