Page 50 - Neal and Massy Holdings Annual Report 2012

48 2012
This year, the Demerara Oxygen Company Limited (DOCOL), rebranded
its LPG product to ‘Rubigas,’ replacing the Texgas brand. The rebrand
resulted from the acquisition of the Texaco Operations in the Eastern
Caribbean by Rubis. DOCOL also recently increased its bulk LPG storage
capacity by 75 percent and has actively started streamlining its operations
to widen its dealer networks, reduce customer waiting times and improve
its delivery to customers in Guyana.
NM Services Limited (NMSL) launched SurePay bills payment
service during the latter part of the year. The loss of the CMA-CGM
shipping agency in January 2012, along with a decrease in the money
transfer business, impacted the business negatively. The company
continues to look for opportunities to develop additional service-
related businesses, and to focus on enlarging its share of market
for the current service offerings.
THE GUYANA GROUP