Chevron Brands International, LLC (Chevron) and Astron Energy have entered an agreement to extend the existing Caltex Usage Rights and Debrand Agreements (URDA) for South Africa and Botswana until December 31, 2026.
Astron Energy remains Chevron’s exclusive licensee for Caltex branded retail service stations in South Africa and Botswana until September 30, 2024, after which the license becomes non-exclusive.
During the extended period from October 1, 2024, until December 31, 2026, Astron Energy will continue to re-brand the Caltex retail service stations in its network to the Astron Energy brand.
Chevron remains committed to growing the Caltex brand and reliably supplying quality fuels with Techron in South Africa and Botswana with new partners.
“The Caltex star is a symbol of quality, value and service, and is a constant reminder of our commitment to our partners and customers.” said Danielle Lincoln, Vice President for International Products. “We are excited to build on Chevron’s decades-long legacy in the market and are committed to grow the Caltex network across South Africa and Botswana, where we will continue to provide customers with high quality products and fuels with Techron, modern facilities, and fast and friendly service to our customers.”
Thabiet Booley, CEO of Astron Energy said, “Our commitment to the rebranding of our retail network, the successful restart of our refinery and the significant investments associated with these flagship projects speaks to the solid future we envisage for Astron Energy as a proudly South African company and brand.”