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BOC Gases to construct Sh20m plant in Uganda

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The Kenyan Standard newspaper reports that BOC Gases will construct a Sh20 million filling plant in Uganda in the 2005/06 financial year.

According to managing director John Kariuki, the filling facility would assist the company to meet its distribution capacity in Uganda, while at the same time reducing transportation costs.

Kariuki informed the Standard the tank will be a small tank, which will cost about Sh20 million. Currently, the company fills its gas cylinders destined for Uganda in Nairobi.

Kariuki said the company would get the required capital internally. We will not borrow but use internally generated cash, he continued.

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