Caltex Australia announced yesterday that it will invest AU $5 million to construct and expand lubricant storage facilities at multiple locations. Officials said the program reflects the companys ongoing commitment to remain a leading player in the Australian lube market.
The new investment plan includes construction of a distribution and storage center in Welshpool, an industrial suburb of Perth. The company said it is building the facility to provide a dedicated supply chain for Western Australia.
The Welshpool facility will mainly be supplied with products from our Lytton manufacturing plant and supplemented by imports from Thailand and Singapore, Caltex Australia National Manager of Business-to-Business Sales Phil Amos said in a written statement.
Caltex did not disclose the price tag of the Welshpool facility, but did say the $5 million (U.S. $4.6 million) includes $1.5 million to upgrade an existing bulk storage facility in Melbourne. Other funds are earmarked for systems handling back-end tasks such as ordering and invoicing.
Officials noted that the new investment plan follows a $2 million upgrade of Caltexs lubricant and grease production plant in Brisbane – the largest lube factory in the country.