Thesis TrackerLoading companies…
All companies
Loading…
Thesis TrackerThesis TrackerLoading…
Redox (ASX:RDX), a chemical and ingredient distributor, has benefited from supply disruptions that lift prices. In June 2026, Lakehouse Capital noted Redox improved after a challenging period of volatile US trade policy, stagnant chemical prices and cost inflation across wages, freight and warehousing. Asymmetric reported a 22% rally, comparing the current supply shock to COVID-era margin expansion, and Firetrail noted Redox rose as the Iran conflict pushed up chemical prices, bucking weakness in global chemical peers. Firetrail's portfolio manager increased his stake, describing Redox as a supplier that prospers when prices swing. Redox operates in the Industrials sector within the Trading Companies and Distributors industry, and Thesis Tracker has captured 18 comments from 8 fund managers, including Lakehouse, Asymmetric and Firetrail. Founded in 1965 and headquartered in Minto, Sydney, Redox distributes chemicals, ingredients and raw materials to manufacturing, food, agriculture and mining industries in Australia, New Zealand, Malaysia and the US.
Company figures as of 15 Oct 2026. For information only.
Fund managers including Asymmetric Asset Management, Longwave Capital, Contract Asset Management, Elston Asset Management, Perpetual Asset Management, Lakehouse Capital, Firetrail Investments, Oracle Advisory Group and Ellerston Capital have invested in Redox Pty Ltd (ASX:RDX).
Managers highlight supply chain disruption and rising chemical prices boosting distribution margins, similar to the COVID period, according to Asymmetric and Firetrail, and Lakehouse sees conditions improving after a tough period.
Lakehouse notes Redox faced volatile US trade policy, stagnant chemical prices and cost inflation in wages, freight and warehousing, and margins may normalise once supply disruption eases.
Founded in 1965 by Coneliano Roland and headquartered in Minto, Australia, Redox Ltd. specializes in the marketing and distribution of organic and inorganic ingredients and raw materials. The company serves diverse industries, including agriculture, chemical manufacturing, food and beverage, mining, oil and gas, construction, water treatment, and personal care. Redox provides essential chemical solutions across sectors such as plastics, rubber, metals, textiles, lubricants, and surface coatings. By bridging global supply chains, the company supports a wide range of industrial applications through its comprehensive raw material distribution network.
General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.
11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.