Sector: Manufacturing and Allied
Main Investment Segment
End of day - Apr 18, 2019
- - -
71.50 - 100.00
BOC Kenya Limited is engaged in the manufacture and sale of industrial gases, medical gases and welding products. The Company operates in three segments: Kenya, Tanzania and Uganda. The Company offers special products such as helium, pure gases, mining calibration mixtures, process gases, refrigerants, packaged chemicals, fire suppression, equipment, laser gas and scientific mixtures; industrial gases, such as oxygen, nitrogen, air, argon, carbon dioxide, hydrogen, acetylene and shielding gases, and liquefied petroleum gas (LPG), such as handigas, autogas and propane. The Company's gases are used across a range of industries, such as aerospace and defense, chemicals, construction and infrastructure, electronics, food and beverages, medical, metal fabrication, power and energy, and rubber and plastics. The Company has four subsidiaries: East African Oxygen Limited, BOC Tanzania Limited, BOC Uganda Limited and Kivuli Limited. The parent Company of BOC Kenya Limited is BOC Holdings and the ultimate holding Company is Linde AG. The Linde Group (Linde) is incorporated in Germany and is listed on the German Stock Exchange (where it forms part of the DAX 30 share index).
“The Company has commissioned its new oxygen filling facility in Mwanza, Tanzania which is intended to reduce distribution costs from Nairobi and improve product availability in that region. The company strategy to enhance competitiveness is focusin on operational efficiency and return on assets. The company strategy has also been heavy on capital expenditure to ensure more timely availability of packaged gases to new and existing customers, an efficient turn-around of empty cylinders for re-filling at production facilities and reduced distribution costsg.