In 2012 Grindrod acquired a 70.5% interest in the Botswana based fuel logistics company, Petrologistics.  Grindrod’s 100% owned subsidiary Fuelogic (Pty) Ltd owns 24.5% and the managing Director Mr Todd Mangadi holds a 5% share.    

Grindrod first entered the Petrochemical industry in 2008 with the acquisition of WM TransLogistics and in 2010 concluded the acquisition of Fuelogic, a bulk liquid transporter operating in Southern Africa.

Petrologistics is a bulk liquid fuel transporter operating in Botswana under long term contracts with customers such as Puma, Engen and Shell. The fleet of 118 specialised road tankers provide a primary and secondary distribution service. Primary distribution is the transportation of fuel from refineries/import terminals to inland terminals, depots and large customers. Secondary distribution is the transportation of fuel from inland terminals and depots to retail/smaller wholesale customers.

Fuelogic and Petrologistics will operate as one business going forward operating a fleet of 380 road tankers servicing Sub-Saharan Africa.