Investment by Rix secures jobs

�150,000 invested in three tanks
�150,000 invested in three tanks

Rix Petroleum Ltd., has invested £150,000 in three storage tanks at it Montrose depot, as part of a multi-million pound revamp of the area.

The tanks, which have a combined capacity of 400,000 litres, replace old units that have been in place for 35 years and had come to the end of their useful lives.

The move comes as the company, based on Meridian Street, is awaiting the results of a planning application to build new commercial premises on a 4.5 acre site adjacent to Barrack Road.

If it gets the go ahead, the development will create around 15 new jobs on the town’s port. Ian MacGregor, director of Rix Petroleum (Scotland), said the new tanks cleaned up a tired looking area of the depot and secured jobs in the company.

They correspond to the latest environmental standards, are double skinned to prevent leaks and sit at ground level which means they are less imposing for surrounding residents.

Mr MacGregor said: “The old tanks have done well, they’ve been in service for 35 years and have never leaked or let us down. But they have been looking tatty for a while Montrose and Dundee for nearly four decades.

The business recently restated its commitment to Montrose by announcing a multi-million pound investment in the area adjacent to the ports, which will help to create much needed jobs in the town.

But Mr MacGregor said that the new tanks will secure existing jobs within the business before work got under way on the renovation of the site.