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Chemicals

Rolfes appoints new CEO

By: Anine Kilian     16th October 2017 Lizette Lynch has resigned as CEO of JSE-listed Rolfes and will be succeeded by current acting CFO Richard Buttle. The process of appointing a new permanent CFO has commenced. Buttle will retain the role of acting group CFO while a suitable successor is identified. 

UK antitrust regulator investigates South Africa's Aspen Pharmacare

By: Reuters     16th October 2017 Britain's competition regulator has launched an investigation into Africa's biggest generic drug maker Aspen Pharmacare over alleged anticompetitive conduct in the supply of blood pressure and arthritis drugs, Aspen said on Friday. "The investigation is at an early, information-gathering stage... 

SA weighs market opportunities as utility-scale battery storage prospects improve

By: Mia Breytenbach     13th October 2017 Following the release of an energy storage techno-economic study ‘The South Africa Energy Storage Technology and Market Assessment’, advocating that South Africa requires market preparation to take advantage of growth opportunities in the stationary and mobility value chains of energy storage,... 

SA weighs market opportunities as utility-scale  battery storage prospects improve

Chamber helps Italian companies prosper in S Africa

By: Robyn Wilkinson     13th October 2017 Networking events and exhibitions are integral to fostering partnerships between Italian and South African companies, says Italian-South African Chamber of Trade and Industries secretary general Mariagrazia Biancospino. 

China's top coke producer to curb output in pollution war

By: Reuters     11th October 2017 China's top coke producer Shanxi Coking will slash output for coke and some chemical products including tar and methanol during the coming winter months as part of Beijing's campaign against air pollution. The company will trim around 900 000 t of coke and 360 000 t of chemicals from production... 

Tribunal approves settlement agreements with two chemicals companies

By: Anine Kilian     9th October 2017 The Competition Tribunal has approved settlement agreements between the Competition Commission and Investchem and Akulu Marchon/Chemical Initiatives (CI), with regard to price fixing and dividing of markets for key chemical input materials used to make detergents, cosmetics and toiletries. Akulu... 

Sasol changes funding option to settle old BEE scheme debt

By: African News Agency      9th October 2017 Sasol on Monday announced that it would explore different funding options to settle the financing obligations of its failed broad-based black economic empowerment (BBBEE) ownership structure. Sasol said it will no longer pursue the preferred funding option of issuing up to 43-million ordinary... 

Exhibition marks firm’s international re-entry

By: Simone Liedtke     6th October 2017 Protective workwear manufacturer Sweet-Orr is set to exhibit at this year’s A+A Trade Show exhibition – which is an important trade forum for safety, security and health at work – from October 17 to 20 in Dusseldorf, Germany. 

Exhibition marks firm’s  international re-entry
CONTINUOUS IMPROVEMENT Sweet Orr benchmarks its continuous improvement process in order to maintain national and international quality standards

SA Competition Commission drops cancer drugs investigation against Aspen

By: African News Agency      4th October 2017 The Competition Commission on Wednesday dropped its investigation into allegations that pharmaceutical companies, Aspen Pharmacare Holdings and Equity Pharma, were involved in excessive pricing. The Commission had in June initiated three investigations against both companies for suspected abuse... 

Small businesses remain optimistic, despite volatility and uncertainties

By: Mia Breytenbach     29th September 2017 Despite economic volatility, South African small business owners remain optimistic and are actively pursuing growth, according to research from cloud based accounting software company Xero.   The research report, titled ‘State of South African Small Businesses’ surveys the challenges facing the... 

Small businesses remain optimistic,  despite volatility and uncertainties
Photo by Bloomberg
HELPING HAND Some small business owners want the government to provide more funding and some believe government should grant tax breaks for their business

Necsa plans to restart nuclear pebble-fuel production

By: Keith Campbell     22nd September 2017 The South African Nuclear Energy Corporation (Necsa) is reactivating its ability to manufacture nuclear pebble fuel, originally created to support South Africa's Pebble Bed Modular Reactor (PBMR) programme. The corporation is also looking for a strategic equity partner for its speciality... 

Africa to get state-of-art HIV drugs for $75 per patient a year

By: Reuters     21st September 2017 Makers of generic AIDS drugs will start churning out millions of pills for Africa containing a state-of-the-art medicine widely used in rich countries, after securing a multi-million dollar guarantee that caps prices at just $75 per patient a year. Global health experts hope the deal will help... 

Africa to get state-of-art HIV drugs for $75 per patient a year

Sasol proposes new R21bn BBBEE ownership transaction 

By: Anine Kilian     20th September 2017 JSE-listed Sasol on Wednesday announced a proposed new R21-billion broad-based black economic empowerment (BBBEE) ownership transaction, Sasol Khanyisa, which will replace Sasol’s debt-ridden Sasol Inzalo fund, which expires in June 2018. When Sasol Inzalo lapses, it will not be able to... 

Sasol proposes new R21bn BBBEE ownership transaction
Sasol joint president and CEO Stephen Cornell talks about the lessons learned from the Sasol Inzalo transaction and how the proposed new Sasol Khanyisa transaction will be different. Video and editing: Nicholas Boyd.

Adcock Ingram acquires medical products company Genop

By: Schalk Burger     12th September 2017 JSE-listed pharmaceutical company Adcock Ingram has acquired 100% of local medical instrument and pharmaceutical company Genop for an undisclosed amount. Genop is a specialised instrument, surgical and pharmaceutical products company focused on the ophthalmic, optometry, skincare, aesthetic and... 

Range of radar level transmitters extended

     1st September 2017 Process instrumentation solutions supplier Krohne has added six new 24 GHz and 80 GHz transmitters to its Optiwave series of frequency-modulated continuous-wave (FMCW) radar level transmitters, which are aimed at liquid and solid applications in a range of industries. 

Range of radar level transmitters extended
RADAR LEVEL MEASUREMENT Each device has a particular target area of application

Servest acquires stake in ICT services company

By: Mia Breytenbach     1st September 2017 International facilities management provider Servest has partnered with investment company Bottega InvestCo in the acquisition of integrated information and communications technology (ICT) services company Getronics. The transaction, which is supported by specialist banking and asset management... 

Servest acquires stake in ICT services company
Photo by Duane Daws
ENABLING TRANSACTION The transaction, will enable Servest to provide a seamless facility management and mobile technology offering for its growing client base

Study urges South Africa to find energy storage niche

By: Mia Breytenbach     1st September 2017 With energy storage considered to be the “new wave” in the energy sector and increasingly becoming a reality, South Africa needs to prepare itself if it wishes to take advantage of the energy storage growth opportunities within the energy storage stationary value chain and the mobility value... 

Company showcasing opportunities that exist for local manufacturers

By: Ilan Solomons     1st September 2017 South African amenities manufacturing company The Bespoke Amenities Company (TBAC) is striving to be an example of what is possible, if local companies are willing to invest in local manufacturing capabilities, states TBAC MD Bruce Turner. The company was registered in 2012 and started trading in... 

Company showcasing opportunities  that exist for local manufacturers
Photo by Duane Daws
FINDING A GOOD MIX The company wants to create as many jobs as possible by using labour intensive processes with automated applications kept to a minimum

Necsa says second reactor would strengthen Pelindaba’s global nuclear medicine position

By: Keith Campbell     1st September 2017 The worldwide nuclear medicine market in 2016 was worth more than $11-billion and is projected to be worth almost $20-billion by 2021. The South African Nuclear Energy Corporation (Necsa), through its use of its SAFARI-1 research reactor and its subsidiary company NTP Radioisotopes, is one of... 

Necsa says second reactor would strengthen Pelindaba’s global nuclear medicine position

Ascendis appoints COO

By: Creamer Media Reporter      31st August 2017 JSE-listed Ascendis Health has appointed Thomas Thomsen COO. Thomsen is based in the UK and will primarily be responsible for the company’s European operations. 

Adcock Ingram maintains upward earnings trajectory in FY17

By: Natasha Odendaal     25th August 2017 The 2017 financial results of “re-engineered” pharmaceuticals giant Adcock Ingram show continued recovery and positive performance three years after the group embarked on a significant restructure to turn around its fortunes. Adcock’s “satisfying trading performance and exceptional increase in... 

Auditors trained to assess hazardous materials transport

By: Dylan Slater     25th August 2017 South African chemical industry representative organisation the Chemical and Allied Industries’ Association (CAIA) is embarking on the training of “much-needed” auditors to assess the safety of transporting hazardous materials.  

Cost-effective fire suppression product has desired impact

By: Simone Liedtke     25th August 2017 Fire-protection equipment supplier Fire Security and Techniques (FST) has just started supplying the FST Fire Orb – which supresses fires – to those living in informal settlements to mitigate the damage caused by a fire incident. 

Innovative surfactants enhance firefighting

By: Simone Liedtke     25th August 2017 Owing to ongoing drought conditions and a more intense fire season expected in South Africa, environmental solutions company I-CAT has developed innovative surfactants to boost the fire-extinguishing and dust-suppression capability and effectiveness of water. 

Innovative surfactants  enhance firefighting
LOURENS JANSEN VAN RENSBURG iFire is an ideal water-treatment agent to improve the wetting capability of water which, in turn, enhances its firefighting capability

Passive fire protection integral element of safety

By: Simone Liedtke     25th August 2017 With passive fire-safety becoming increasingly important in new buildings and renovation work, South Africa-based sealant and adhesive supplier Den Braven says such fire protection systems need to ensure that a fire is contained within specified fire compartments. 

Passive fire protection integral element of safety
FIREPROTECT RANGE The Den Braven FireProtect range, which was launched last year, consists of products that offer a complete solution to all types of expansion joints

Sasol review may result in sale or closure of assets, but no ‘fire sale’  

By: Terence Creamer     21st August 2017 Chemicals and energy group Sasol has announced that an asset-review process is under way that could result in the sale, closure or growth of certain assets. However, the JSE-listed company has also stressed that there will be no “fire sale”. Joint president and CEO Bongani Nqwababa reports that... 

Sasol review may result in sale or closure of assets, but no ‘fire sale’
Sasol joint president and CEO Bongani Nqwababa speaks to Terence Creamer about the group's results, asset review, tax shock and strategic outlook. Camera Work & Editing: Nicholas Boyd & Duane Daws. Recorded: 21.8.2017

Sasol turns to courts after Sars slaps it with tax bills worth R12.8bn 

By: Terence Creamer     21st August 2017 JSE-listed energy and chemicals group Sasol will approach the Supreme Court of Appeal (SCA) to resolve a tax dispute with the South African Revenue Service (Sars), which has slapped it with assessments for outstanding tax liabilities and penalties worth R12.8-billion. The company made a... 

Sasol turns to courts after Sars slaps it with tax bills worth R12.8bn
Sasol CFO Paul Victor on the group's tax dispute with the South African Revenue Service. Camera Work & Editing: Nicholas Boyd. Recorded: 21.8.2017

KAP advances acquisition strategy; reports good FY17 results

By: Schalk Burger     14th August 2017 Diversified industrial group KAP Industrial Holdings’ acquisition of high-density polyethylene and polypropylene manufacturer Safripol, logistics firm Lucerne Transport and a 51.4% interest in logistics firm Xinergistix during the 2017 financial year, provides the company with further... 

Local manufacturer looks to bridge skills gap

By: Nadine James     11th August 2017 Sealing products manufacturer Klinger Mzansi has opened its training academy, which offers a learnership programme, joint integrity training as well as an introductory course on all of the company’s products. Klinger sales and marketing director Phillip Herbst notes that the academy opened on... 

Local manufacturer looks to bridge skills gap
KLINGER TRAINING ACADEMY The trainees have access to a fully equipped workshop, and gain both practical and theoretical knowledge

Phase 1 of aquarium resealing project completed

By: Nadine James     11th August 2017 Speciality chemicals manufacturer a.b.e. Construction Chemicals supplied a range of products for the resealing of the waterproofing system of two Cape Town Two Oceans Aquarium tanks between January and March this year. The Two Oceans Aquarium – located at the V&A Waterfront – is resealing its... 

Phase 1 of aquarium  resealing project completed
WATER TIGHT The project, which included waterproofing the Kelp and Predator tanks, also involved applying new waterproofing to the aquarium’s public and service areas

Rust-prevention sealing system ideal for corrosive environments

By: Nadine James     11th August 2017 Engineering components manufacturer Bearing Man Group’s (BMG’s) range of sealing products includes the Rust-Anode cold galvanisation system, designed for rust prevention in diverse industries, says BMG seals business unit manager Marc Gravett. He explains that Rust-Anode is the first active cold... 

Rust-prevention  sealing system ideal for corrosive environments
MULTIPURPOSE PRODUCT Rust-Anode is perfect for applications where an anti-corrosion seal would be beneficial

M&R says Australia maintenance contract a signal of future strategic intent

By: Terence Creamer     10th August 2017 The oil and gas unit of Murray & Roberts (M&R) has been awarded a five-year contract to perform maintenance services at a liquid ammonia plant and a technical ammonium nitrate (TAN) plant on the Burrup Peninsula, in Western Australia. Norway’s Yara International, which owns the facilities,... 

M&R says Australia maintenance contract a signal of future strategic intent
Photo by Duane Daws
M&R CEO Henry Laas

SNC-Lavalin awarded contract on Fine Ash Dam 6 project at Sasol Secunda

     26th July 2017 Sasol Group Technology has awarded global professional services and project management company SNC-Lavalin a contract to provide structural, mechanical, electrical, instrumentation and piping construction services on the Fine Ash Dam 6 project at Sasol Secunda. This will comprise the installation... 

AECI’s partners to pioneer US-based bio-based PET plant in 2018

By: Natasha Odendaal     26th July 2017 Specialty chemicals group AECI’s R65-million investment into US-based startup Origin Materials is expected to position the JSE-listed group as the preferred industrialisation and applications development partner, with access to Africa, in the renewable chemicals space. The investment was the... 

AECI’s partners to pioneer US-based bio-based PET plant in 2018
AECI CEO Mark Dytor

Adcock expects surge in FY17 earnings

By: Natasha Odendaal     24th July 2017 JSE-listed Adcock Ingram expects continued recovery with a “very satisfying improvement” in earnings per share (EPS) and headline earnings per share (HEPS) for the year ended June 30. The company expects EPS and HEPS for the year under review to surge 220% and 30% respectively to 324.5c and 297.3c. 

Mobile solution launched to great effect  

By: Tasneem Bulbulia     21st July 2017 Specialist business and project management consultancy SSG Consulting has introduced its newly developed mobile application (app) for its KEY360 management software. The app was showcased at the Mobile App Launch breakfast in May at the Johannesburg Country Club. 

Mobile solution launched to great effect
SSG Consulting CEO Steven Golding discusses the KEY360 system. Camerawork and Editing: Nicholas Boyd.

AECI expects 30% rise in H1 HEPS, EPS

By: Creamer Media Reporter      18th July 2017 Explosives and specialty chemicals group AECI expects to report a 30% to 35% increase in its headline earnings per share (HEPS) for the six months ended June 30. Its HEPS are expected to be between 381c and 396c, compared with the 293c reported in the six months ended June 30, 2016. 

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