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Logico Logistics Signs up for LNG with Renergen
RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
JSE Share code: REN
A2X Share code: REN
ISIN: ZAE000202610
LEI: 378900B1512179F35A69
Australian Business Number (ABN): 93 998 352 675
ASX Share code: RLT
(“Renergen” or “the Company”)
LOGICO LOGISTICS SIGNS UP FOR LNG WITH RENERGEN
Emerging domestic natural gas and helium producer Renergen is pleased to announce an LNG
supply agreement with Logico Logistics Group Proprietary Limited (Logico), to supply LNG at
Total filling stations along the N3 route between Johannesburg and Durban.
Logico is a niche market transport service provider, specialising in the retail industry and more
specifically the Fast Moving Consumer Goods (FMCG) sector. The main business focus of Logico
is to provide abnormal length transport services to a range of customers in many industries, with
a primary focus on rail and pipe. Logica also provides secondary distribution solutions to its clients
in KwaZulu-Natal and Gauteng.
Logico Managing Director Clint Brook explains, “CEO Bryan Cuff and I consider the Logico
business to be market leaders in technology and we always look to embrace positive change and
new technologies to add value and improve our operation. Logico was an early adopter of the
game changing Volumax technology and are currently one of the largest privately owned Volumax
fleets in the industry.
“Logico is RTMS accredited. RTMS is an industry–led, government-supported, voluntary, self-
regulation scheme that encourages consignees, consignors & road transport operators to
implement a management system (a set of standards) that demonstrates compliance with the
Road Traffic Regulations and contributes to preserving road infrastructure. We are constantly
looking to innovate and deliver ongoing benefits to our valued clients, it was therefore a no brainer
to partner with Renergen and we look forward to our reduced impact on the environment and the
subsequent savings.
“Dual Fuel trucks are undoubtedly the way forward and the ability to implement is on our doorstep.
Full gas trucks will become a reality in the medium term when Renergen expands it’s production
and footprint in South Africa and the outlook for green energy is very exciting.”
Stefano Marani, Renergen Chief Executive Officer says, “Adoption of sustainable solutions in
business has reached a tipping point, and partners like Logico are amongst those leading the
pack. We are proud to be their supplier of clean fuel and look forward to a long relationship
together.
“LNG when used as a substitute for diesel in trucks not only results in significant cost reduction
but has the added benefit of reducing greenhouse gas emissions. The longevity of engines also
improves due to the lower levels of impurities in fuel, which in the long run adds to the savings
when switching from diesel to LNG.”
Johannesburg
6 October 2020
Authorised by: Stefano Marani
Chief Executive Officer
Designated Advisor
PSG Capital
Date: 06-10-2020 08:30:00
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