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Press Office - ECIC

ECIC

ECIC is a self-sustained, state-owned national export credit agency. The Corporation is a registered financial service provider and regulated by the Financial Services Board (FSB). To be at the leading edge of medium/long term export credit and investment insurance business, with specific focus on project finance underwriting, customer needs, and prudent portfolio and risk management. To facilitate and encourage South African export trade by underwriting export credit loans and investments outside the country, in order to enable South African contractors to win capital goods and services' contracts in other countries.

Topic

New conveyor program

By: System Author     12th February 1999 The development of a new version of Helix delta-T conveyor-design program has been completed by Helix Technologies. The new program, which is the fourth generation of conveyor-design software developed by the company, has many new functions and is aimed at professionals who require an in-depth... 

Returnable packaging units

By: System Author     12th February 1999 As the world moves towards global sour- cing and returnable packaging it is vital that companies retain control over their distribution equipment and returnable packaging, and this can be achieved with a system from Johannesburg company Rent-A-Tainer, CEO Len Whittal tells Engineering News. The... 

Pneumatic conveying system sparkles

By: System Author     12th February 1999 Gauteng company Bateman Materials Handling is at present installing a new Cyclonaire ferrosilicon pneumatic conveying system at the Orapa mine, Botswana, for Debswana Diamond. Worker safety is the main reason for installing this bag-handling, unloading and conveying system which will ensure... 

New accreditation body raises its head

By: System Author     12th February 1999 In order to comply with the South African Qualifications Authority (SAQA) Act, which states that no single body can provide accreditation and education, the South African Institute of Materials-Handling (SAIMH) has established the Centre for Logistics Excellence which will be the accredited... 

SA aeroconveyor exported to Vietnam

By: System Author     12th February 1999 Bulk solids conveyor company Aeroconveyors is at present involved with contracts totalling R5-million, with one of them being the company’s first export contract which is destined for Vietnam, reports manager Lee Thain. Valued at over R350 000, the contract is for a German company that... 

Meat industry trade fair

By: System Author     12th February 1999 THE first-ever International Trade Fair for the Meat Industries of Africa (Ifma), incorporating the International Meat Exhibition (Imex), scheduled for Johannesburg in June, is already attracting considerable international interest. Delegates from more than 20 countries are expected to attend a... 

PE is set to become local export capital

By: System Author     12th February 1999 Business in the Port Elizabeth–Uitenhage area is gearing up to become the export capital of South Africa, reports Denise van Huyssteen of the Port Elizabeth Regional Chamber of Commerce and Industry. The city is also perfectly positioned to become the major shipping hub of Africa. The... 

Critical need conveyed for export focus

By: System Author     12th February 1999 Conveyor manufacturers need to look seriously at the export market if they want to survive in the continually shrinking local market, Conveyor Manufacturers Association (CMA) chairperson Alan Exton tells Engineering News. The main reasons cited for this are the lack of local projects coupled with... 

Herbicide upgrade provides new markets

By: System Author     5th February 1999 The R100-million brownfield project to upgrade Sanachem’s tebuthiuron-producing plants, initiated by parent-company Dow AgroSciences of the US last year, is well on its way to providing new markets for the herbicide. As reported in Engineering News of September 25–October 1, 1998,... 

Rubber and plastics firm celebrates half-centenary

By: System Author     5th February 1999 JOHANNESBURG Stock Exchange-listed Sondor Industries has become a market leader in the manufacture and conversion of closed cell expanded rubber and plastics and celebrated its 50th birthday last year. “Sondor has achieved its present position through commitment to excellence, being our... 

Plastics painter invests R30m in plant

By: System Author     5th February 1999 Investments totalling R30-million have been made in world-class technology, plant and equipment by the AIC group following contracts to supply plastics parts to BMW and Volkswagen for their export programmes. The group is a supplier of painted plastic parts such as bumpers, side skirts, bootlid... 

Prospects sink in R65m sanitary market

By: System Author     5th February 1999 THE R65-million-a-year stainless-steel sink industry is likely to shrink by at least 10% during the coming year. City Metal Products (CMP) MD Gerhard Kotzee says the fall-off in residential building, combined with high interest rates, will have an impact on the sink-manufacturing industry.... 

University introduces postgrad polymer course

By: System Author     5th February 1999 The University of Pretoria (UP) has introduced a course in polymers at postgraduate level as a new area of specialisation. The course is presented under the auspices of the department of chemical engineering, but also involves assistance from the departments of chemistry and physics, as well as... 

Housing and transport go hand-in-hand

By: System Author     5th February 1999 Housing developments, the provision of infrastructure and transport needs will have to be planned together if the full potential of development initiatives is to be realised, Department of Transport director general Dipak Patel tells Engineering News. He explains, that in the planning of low-cost... 

Thermoplastic elastomer sector to grow

By: System Author     5th February 1999 The thermoplastic elastomers (TPEs) industry worldwide, which has been growing rapidly over the past few years, is expected to maintain a yearly growth rate of 5,5% to 7% well into the next decade. “It is estimated that the demand for TPEs in North America alone will increase to 1,4-billion... 

Local manufacture urged

By: System Author     5th February 1999 The South African plastics-converting industry is virtually a total importer of plant and equipment. “However, there is no reason why so much of this plant and equipment cannot be manufactured in South Africa,” says Plastics Institute of South Africa (Pisa) northern branch chairperson... 

Lesotho contracts

By: Archivist     29th January 1999 MIDRAND-based Llandt Exports has taken delivery of the company’s first forklift truck to assist with cargo forwarding for the Lesotho Highlands Water Project. Despite the current economic climate, the new company is doing a booming trade in procurement, forwarding and export to Malawi,... 

Euro will have ‘significant impact’ on SA – IDC

By: Archivist     29th January 1999 The implications of European monetary integration for South Africa are likely to be significant, though not extraordinary, predict Josef Swanepoel and Jorge Maia of the Industrial Development Corporation (IDC). Export penetration opportunities are indeed likely to expand as Europe turns into a... 

Bleak year ahead for machine tool sector

By: Archivist     29th January 1999 High interest rates, the fall in the rand and the general lack of growth in the South African economy suggest a bleak outlook for the machine tool industry in 1999. “Because interest rates are expected to remain abnormally high for at least the next six months in order to protect the... 

Software for African renaissance

By: Archivist     29th January 1999 LOCALLY-developed software is assisting African countries with the planning of radio communication networks. Gisrap, designed by CSIR information and communications technology division Mikomtek, is used to predict propagation losses and to determine the capacity and coverage requirements of... 

R1-million Mozal contract

By: Archivist     29th January 1999 A R1-MILLION contract for the cathode sealing furnaces and associated equipment at Mozal has been awarded to Cementation group company Efco Furnaces. The contract includes two 600 kW Inductotherm Powertrak VIP power units, each with a 500 kg furnace body, charge dryer and ladle preheater. The... 

West Coast offers projects

By: Archivist     29th January 1999 The West Coast Investment Initiative (WCII) has progressed beyond Saldanha Steel and Namakwa Sands and is aiming to become a truly economically-diverse growth node. Several smaller projects in this multisectoral growth zone are taking off, ranging from minerals, industry, agriculture and... 

Helicopter contract expected to take flight

By: Archivist     29th January 1999 A final contract between Agusta of Italy and Denel Aviation for the production of the A119 Koala helicopter was expected to be signed this month, reports Agusta deputy GM Guiseppe Orsi. It is planned that the South African manufacturer will produce the helicopter components for the local... 

Defence contracts will bolster growth

By: Archivist     29th January 1999 Although the machine tool industry has been subdued for quite some time and no significant recovery is expected in 1999, Retecon executive chairperson Burkhard Herrmann is quietly optimistic about the future. He attributes this to positive signs such as the softening of interest rates, which is... 

Crisis can be surmounted

By: Archivist     29th January 1999 Introducing lean manufacturing principles, improving and maintaining service and quality as well as developing an export market are important factors for surviving the present economic crisis, Dorbyl Automotive Technologies executive director Mornet Villet tells Engineering News. This can be seen... 

New export finance for SA firms

By: Archivist     29th January 1999 A US bank is offering small-to-medium South African manufacturing exporters an innovative way to finance their exports to the US market, Engineering News can today report. Although new to South Africa, the programme has an established and successful record in the US. The bank concerned is the... 

SA enters space race with second satellite

By: Archivist     29th January 1999 The University of Stellenbosch is planning to design and manufacture a second micro-satellite with enhanced imaging and communication capabilities, following the successful design and manufacture of Sunsat I. In an exclusive interview with Engineering News, University of Stellenbosch electrical... 

South African steel producers set for a bumpy ride this year

By: Archivist     29th January 1999 SOUTH Africa’s steel producers are in for a tough time this year in the face of two big obstacles. These are the expected sharp decline in world steel prices, and European Union (EU) anti-dumping and anti-subsidy investigations into South African steel producers. The first of these... 

South African first in Internet technology

By: Archivist     29th January 1999 Specialist publisher of product and brandname information Ezee-Dex Information Systems has launched a massive product search engine on the Internet. Its address being www.edx.co.za, the site offers a unique researched relational database that can search more than 32 000 South African companies,... 

Crunch year for defence packages

By: Archivist     22nd January 1999 THIS year is the crunch year as far as South Africa’s ambitions for big foreign direct investment (FDI) from defence industrial and national industrial participation (Dip and Nip) projects stemming from the re-equipment programme for the South African National Defence Force (SANDF) are... 

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