Redox

What Redox does

Redox is a global chemical, ingredient, and raw material distributor founded in Australia in 1965 and headquartered in Minto, New South Wales. The company distributes more than 1,000 specialty and commodity products across 15 end-markets including Food and Beverage, Personal Care, Human Health, Animal Health and Nutrition, Crop Production and Protection, Detergents, Water Treatment, Surface Coatings, Plastics and Foam, Rubber, Mining/Oil and Gas, Metals, Building and Construction, Textile and Leather, and Lubricants and Specialty Oils. Its underlying platform combines a global sourcing network covering more than 7,000 manufacturers and 1,100+ active suppliers with a logistics footprint of 17 locations and 100+ storage sites spanning Australia, New Zealand, Malaysia, and the United States, supported by certifications including ISO 9001, FAMI-QS, FSSC 22000, Codex HACCP, and Responsible Distribution verification.

The company sells primarily to industrial enterprise customers through direct sales teams with segment-specialized account managers. Revenue is generated via transactional markups on chemical distribution, with pricing negotiated based on volume, product specification, and customer relationship; pricing is not publicly disclosed. Reported FY2023 revenue was A$1.26 billion, up 16.2% from A$1.08 billion in FY2022. Redox listed on the Australian Securities Exchange (ticker RDX) on July 3, 2023, after more than 58 years as a privately held business, and was admitted to the S&P/ASX 300 Index in March 2024.

Post-IPO, Redox has pursued an active acquisition strategy, completing four deals in roughly 18 months: Element Raw Materials (December 2023), Oleum (July 2024), Auschem (November 2024), and Molekulis (April 2025), adding specialty plastics, surfactants, solvents, and transformer oils capabilities respectively. The company has also secured exclusive distribution agreements with major principals including Dow (industrial acrylic additives), Olmix (mycotoxin binders), United Initiators (organic peroxides), and CJ Bio Plant Nutrition (bio-stimulants). The company employs 460+ people across seven countries and is led by CEO and Managing Director Raimond Coneliano.

Name

Redox

Legal name

Redox Ltd

Website

https://redox.com

Company type

Public

Founded year

1965

Operating status

Operating

Headcount range

101–250 employees

Short description

Redox is a global chemical, ingredient, and raw material distributor serving industrial customers across 15 end-markets including food and beverage, agriculture, mining, water treatment, and personal care, with sourcing from 7,000+ manufacturers and operations across Australia, New Zealand, Malaysia, and the USA.

Ownership category

akta.pro rank

Headquarters

HQ city

Minto

HQ country

Australia

HQ region

Oceania

Offices18 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Chemical Distribution: Redox operates as a global chemical, ingredient and raw material distributor, generating revenue through the markup on products sourced from manufacturers and sold to industrial customers across diverse sectors. Revenue generated through the sale of specialty and commodity chemicals, ingredients, and raw materials.
2. Record Sales Revenue: The company generates revenue through the distribution of chemicals with record sales of $1.26B in FY2023, up from $1.08B in 2022 (16.2% increase).

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Redox is a global chemical, ingredient and raw material distributor that sources more than 1,000 specialty and commodity products from over 7,000 manufacturers and sells them to industrial customers across 15+ market segments including food and beverage, personal care, animal nutrition, agriculture, water treatment, mining, oil and gas, plastics, and coatings. Its offering combines global sourcing capability with an integrated logistics network of 17 locations and 100+ storage sites, supported by technical specialists, quality certifications, and supply chain continuity services.

Product overview

Redox is a leading global chemical, ingredient, and raw material distributor offering more than 1,000 specialty and commodity products across 15+ markets including Food & Beverage, Personal Care, Human Health, Animal Health & Nutrition, Crop Production & Protection, Detergents, Water Treatment, Surface Coatings, Plastics & Foam, Rubber, Mining Oil & Gas, Metals, Building & Construction, Textile & Leather, and Lubricants & Specialty Oils. The core offering is general chemical distribution services supplemented by specialized product lines. Key branded products include: Garlicin 25% (animal nutrition feed additive), Ferami Bio-Stimulant Range (agricultural bio-stimulants including Ferami Root, Development, Harvest, and Foliar treatments), Olmix Mycotoxin Binder Range (exclusive animal health mycotoxin management products), ACUMER™ Scale Inhibition Polymers (water treatment solutions from Dow), and seaweed-based bio-stimulants. Redox has expanded through acquisitions including Oleum (specialty surfactants), Auschem (solvent distribution), Molekulis (transformer oils), and Element Raw Materials (specialty plastics). The company also distributes Dow industrial acrylic additives and maintains distribution partnerships for various specialty chemicals.

Differentiator

Problem solved

Functional benefit

Products and services

• Ferami Bio-Stimulant Range Bio-stimulant solutions for crop production and protection, including liquid formulations (Ferami Root, Development, Harvest, Foliar), seaweed bio-stimulants (Ascophyllum Nodosum, Tri-Kelp), Yucca Extract, Corn Steep Liquor and soil enhancers (Potassium Fulvate, Potassium Humate, Humic Acid, Fulvic Acid). Designed to support plant vitality, improve yields, enhance photosynthesis, stimulate root development, and strengthen resilience under unpredictable climate conditions, for use by agricultural producers and crop input distributors.
• Dow Industrial Acrylic Additives (ACUMER, ACUSOL, ROMAX, ACCENT, POWERBLOX, OPTIDOSE) Dow's range of industrial acrylic additives distributed by Redox in Australia, including ACUMER™ scale inhibitors (e.g., ACUMER 2000 for phosphate-based water treatment systems and ACUMER 5000 for silica/magnesium silicate scale inhibition), ACUSOL™ detergent polymers, ROMAX™ performance additives, ACCENT™ specialty additives, POWERBLOX™ controlled release and OPTIDOSE™ dose optimization products. Targets industrial cleaning, industrial water treatment, oil & gas, mining and crop solutions customers needing phosphorus-free scale inhibition and process chemistry.
• Olmix Mycotoxin Binder Range (MT.X, MT.X AA, MT.X+) Exclusive distribution of Olmix's advanced mycotoxin binder range for the Australian and New Zealand animal feed market. Includes MT.X (precision Montmorillonite clay binder for aflatoxins and endotoxins), MT.X AA (broad-spectrum protection with gut support using Algoclay technology), and MT.X+ (premium combination of Montmorillonite, Algoclay and yeast cell walls for hard-to-bind toxins including DON and fumonisins). Targeted at feed millers, premix manufacturers and livestock producers needing feed safety solutions.
• Garlicin 25% Allicin-equivalent garlic-active extract standardised to a 25% allicin-equivalent functional profile for use in animal feed, premixes, mineral supplements and livestock nutrition. Provides a controlled garlic-active sulphur compound profile including diallyl disulfide (DADS) and diallyl trisulfide (DATS), designed for feed-based fly management support in cattle. Sold to feed manufacturers, premix producers and livestock integrators.
• Water Treatment Chemicals and Solutions Broad portfolio of chemicals, filtration media and specialty products for municipal, industrial and recreational water treatment. Includes flocculants, coagulants, pH adjustment chemicals, disinfectants, biocides, activated carbon, filtration media, scale inhibitors, water conditioning products, ion exchange resins, and pool/spa chemicals. Sold to water utilities, industrial water treatment operators and commercial pool/spa customers.
• Molekulis Transformer Oils Specialist transformer and specialty oils for the energy production, transmission and distribution sector, supplied through the Molekulis business in Australia and New Zealand. Includes a transformer oil regeneration plant in New Zealand enabling reprocessing of used transformer oil for circular-economy supply to utilities and industrial customers.

Quantifiable outcome

• Record FY2023 sales of $1.26B, up 16.2% from $1.08B in 2022
• +3 more outcomes

Named customers7 records

Segments15 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

22 partnerships are on record, tiered major, core and minor.

• United InitiatorsmajorChannel Partner/ Reseller/ Distributor · 19 December 2025Redox appointed as the authorized distributor for United Initiators' range of organic peroxides across Australia and New Zealand.
• CJ Bio Plant NutritionmajorStrategic or Co-development Partner · 15 August 2025Partnership for Ferami bio-stimulant range development. CJ Bio Plant Nutrition collaborated with Redox on field trials validating Ferami's effectiveness under Australian cropping conditions, achieving +16.2% yield increase.
• AgXtramajorStrategic or Co-development Partner · 15 August 2025Independent field trial partner for Ferami bio-stimulant validation. AgXtra conducted trials on Tomatoes (cv. Ballistic) in South Australia, demonstrating +16.2% yield increase.
• OlmixcoreChannel Partner/ Reseller/ Distributor · 15 July 2025Redox is the exclusive distributor for Olmix's advanced Mycotoxin binder range in Australia and New Zealand, including MT.X, MT.X AA, and MT.X+ products for livestock feed safety.
• Alliance for Chemical Distribution (ACD)coreOthers · 2 July 2025Redox Inc successfully passed ACD Responsible Distribution verification, demonstrating expertise, stewardship, and professionalism in quality, safety, sustainability, and performance for chemical distribution operations.
• MolekuliscoreStrategic or Co-development Partner · 30 April 2025Redox acquired 100% of shares in Molekulis Pty Ltd and Molekulis Limited, a specialist in Transformer and Specialty Oils. Molekulis recorded approximately A$27 million in sales revenue in 2024 and operates a transformer oil regeneration plant in New Zealand.
• AgrecoverycoreStrategic or Co-development Partner · 1 March 2025Redox joined Agrecovery's plastic recycling program to provide sustainable packaging disposal solutions for customers in New Zealand, supporting the circular economy through collection and recycling of product packaging.
• DowcoreChannel Partner/ Reseller/ Distributor · 6 January 2025Redox appointed as Dow's Channel Partner and Australian distributor for industrial acrylic additives including ACUMER, ACUSOL, ROMAX, ACCENT, POWERBLOX, and OPTIDOSE series for water treatment, mining, and industrial cleaning applications.
• Guangdong Youju Advanced New MaterialsmajorChannel Partner/ Reseller/ Distributor · 23 October 2024New distribution agreement with Youju for advanced engineering polymers, positioning Redox as distributor for high-performance engineering polymer products.
• Bulk Liquids Industry Association (BLIA)minorOthers · 23 May 2024Joined BLIA to support advocacy for bulk liquids industry in Australia, liaising with port authorities and representing members' interests on legislation and regulations.
• Viva Energy AustraliamajorChannel Partner/ Reseller/ Distributor · 6 January 2024Key supplier partnership for solvents and specialty chemicals. Viva Energy Australia supported Redox's acquisition of Auschem.
• QatarEnergymajorChannel Partner/ Reseller/ Distributor · 1 January 2024Expanded collaboration with QatarEnergy to distribute the Lotrene polymer range, now encompassing New Zealand in addition to existing markets.
• Kraton ChemicalmajorChannel Partner/ Reseller/ Distributor · 14 August 2022Appointed as channel partner for Kraton's Tall Oil Fatty Acid and Ink Polyamides range in Australia and New Zealand.
• Médecins Sans Frontières (MSF)minorOthers · 12 February 2021Redox established a philanthropic relationship with MSF (Doctors Without Borders) to support humanitarian medical work worldwide through regular donations and fundraising programs.
• RianlonmajorChannel Partner/ Reseller/ Distributor · 22 October 2018Distribution agreement with Rianlon for Australian/New Zealand market for specialty chemical products.
• CJ BIOmajorChannel Partner/ Reseller/ Distributor · 19 May 2014Distribution agreement for amino acids in Australia. CJ Bio (division of CJ Cheiljedang Corp) selected Redox for Australian distribution of amino acids for food, feed, and biotechnology applications.
• Natural Soda IncmajorChannel Partner/ Reseller/ Distributor · 7 May 2014Distribution agreement for Sodium Bicarbonate in Australia, New Zealand, and Malaysia. Redox markets and distributes Natural Soda's Sodium Bicarbonate products.
• SedexminorOthersMember of Sedex, supporting ethical sourcing and supply chain transparency.
• RSPOminorOthersMember of Roundtable on Sustainable Palm Oil (RSPO) for sustainable sourcing practices.
• NACDminorOthersMember of National Association of Chemical Distributors (NACD) for responsible distribution practices.
• APCOminorOthersMember of Australian Packaging Covenant Organisation (APCO) for packaging sustainability.
• ACDminorOthersMember of Alliance for Chemical Distribution for industry standards and responsible distribution verification.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• DKSH: Swiss-listed market expansion services company with a significant specialty chemicals and ingredients distribution business across Asia-Pacific. Comparable to Redox on APAC specialty distribution focus, particularly in food ingredients, personal care, and industrial chemicals across the same regional footprint.
• Azelis: Specialty chemical and food ingredients distributor with ~EUR3.5B revenue and strong APAC presence. Directly comparable to Redox on specialty distribution, horizontal segmentation, and global sourcing model. Both companies emphasize technical sales support and supplier exclusivity.
• TER Group: Specialty chemical distributor focused on personal care, food, and industrial markets with operations in Europe, North America, and Asia. Comparable to Redox in mid-scale specialty distribution with multi-segment coverage and global sourcing partnerships.
• IMCD: Specialty chemicals and ingredients distributor listed in Europe with ~EUR4B revenue. Directly comparable to Redox on specialty distribution focus, supplier-partnership model, and customer mix across personal care, food, and industrial markets. IMCD is a benchmark for Redox's specialty distribution trajectory.
• ICC Chemical: Specialty chemicals distributor headquartered in Asia with global reach. Comparable to Redox on regional specialty distribution from Asia to global customers, with overlap in industrial and specialty chemical portfolios.
• Barentz: Specialty ingredients distributor serving food, personal care, animal nutrition, and industrial markets globally. Closely comparable to Redox on horizontal segment coverage and technical sales approach, with overlapping end-markets including animal health & nutrition and personal care.
• Caldic: Global specialty chemicals and ingredients distributor owned by Advent International with ~EUR2B revenue. Comparable to Redox on distribution of specialty ingredients across food, personal care, pharma, and industrial end markets, with similar emphasis on technical application support.

Regional players

• Biesterfeld: European-focused chemical distributor serving industrial and specialty markets. Comparable distribution model to Redox but with primary European geographic concentration, contrasting Redox's APAC/North American footprint.

Broad incumbents

• Univar Solutions: Major North American and European chemical and ingredients distributor with ~USD5B revenue. Comparable to Redox in core chemical distribution model and customer base (industrial, food, personal care), though Univar is significantly larger and predominantly US/EMEA-focused.
• Brenntag: World's largest chemical distributor with ~EUR16B revenue and global footprint across industrial and specialty chemicals. Directly comparable to Redox as the global market leader in the same horizontal distribution model, though at substantially greater scale and with a far more diversified geographic mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/RedoxChem
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Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Redox