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Britannia Gas is latest NFC business venture

8th June 1985, Page 6
8th June 1985
Page 6
Page 6, 8th June 1985 — Britannia Gas is latest NFC business venture
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LIQUEFIED petroleum gas is the latest commodity into which the National Freight Consortium has diversified to strengthen its profit base.

Its Special Services Group has created a new subsidiary, Britannia Gas, to compete against Calor Gas in the in land energy market from its own bulk gas terminal at Immingham.

The group, headed by managing director Clive Beat tie, has invested 1:,4.5m in the new company and its terminal, and has high hopes of winning a share of the lpg market which is growing from its current base of 1,5m tonnes a year.

Britannia will buy propane and butane gas on the world market and will supply it to bulk users principally in agriculture, building, metal form ing, horticulture and catering, and to bottle refillers supplying domestic customers. Delivery, on a contract or spot basis, will he undertaken with Britannia's own fleet of vehicle's and by tankers operated by Tankfreight, NFC's tanker haulage subsidiary.

Executive director of Britannia is John 'Few, the onetime general manager of Summers the Plumbers, the ill-fated contract plumbing business established by NFC in 1980, before it was privatised, in an attempt to develop spare capacity at its Pickfords depots.

NFC wanted to call the gas company National Gas, but Government pressure led to a last-minute change to Britannia. Some suggest that this heralds a change of British Gas's name to National Gas in readiness for its privatisation.

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People: Clive Beat, Few

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