Fuel firm invests ahead of growth
RIX Petroleum is investing nearly £3m in a new fleet of tankers.
The fuel firm, based in Hull, has ordered a total of 17 new Scania trucks which will be distributed among its depots in Scotland, Hull, Lincolnshire, East Anglia and the Midlands.The tankers will be used to transport domestic heating oil and commercial fuels to rural homeowners, farmers and hauliers across England and eastern area Scotland.
Rory Clarke, managing director of Rix Petroleum, said 12 of the new vehicles will replace older tankers coming towards the end of their working life, but five are additional vehicles needed to accommodate the businesses growth.
Mr Clarke said: “The reputation of Rix Petroleum is based to a great degree on the service we provide to customers, whether they are in the commercial market place or our residential consumers. As such our ability to deliver product to the required quantity and timescale is of paramount importance. This investment is about ensuring we can continue to do that in the face of growing enquires across all of our depots.”
In the year to December 2012, Rix Petroleum increased sales from £317.8m in 2011 to £391.7m. The company is the largest in the JR Rix & Sons Group – a 140 year old family run business that in 2012 turned over £494m.
