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Press Office - Reatile

Reatile

Reatile Group is a 100% black owned investment holding company formed in 2003 to take advantage of the opportunities presented by the economic transformation in industrial sectors of the South African Economy.

Reatile Group’s strategic focus is on the energy, petrochemical and industrial sectors.

Topic

India’s Nalco to bid for bauxite blocks at auctions, readies to foray into merchant mining

By: Ajoy K Das     16th November 2018 With various Indian state governments readying to put 21 bauxite mines up for allocation, State-run National Aluminium Company Limited (Nalco) will put in bids at the auctions for captive consumption and foray into merchant mining of the raw material. The 21 bauxite blocks will be auctioned by... 

Radebe hints at possible Saudi investment to boost South Africa's oil refining capacity

By: Kim Cloete     7th November 2018 Energy Minister Jeff Radebe has called for a collaborative approach to attract investment in oil refining hubs throughout the continent and has hinted that Saudi Arabian investment in refining capacity in South Africa may soon become a reality. “In South Africa we believe the time has come for an... 

Thermaspray brings 360° coating solutions with the introduction of Laser Cladding technology

7th November 2018 Thermaspray proudly introduces laser cladding technology in a bid to offer customers a 360° coating product and service solution. “As one of South Africa’s leading surface engineering specialists, we boast an extensive range of coating and welding solutions including thermal spray coatings,... 

Oil, gas outlook positive amid tough conditions, says PwC review

By: Kim Cloete     7th November 2018 The outlook for Africa’s oil and gas industry is positive, despite tough economic conditions and far fewer discoveries over the past year, PwC’s yearly 'Africa Oil & Gas Review' shows. The review indicates how the industry has responded in the wake of the recovery of the oil price to close to... 

Eaton develops 10 000 operation switchgear for Shoprite’s warehouses

2nd November 2018 Shoprite Holdings commissioned engineering professional services firms WSP Africa to design a medium voltage (MV) power distribution system for its new Cilmor Distribution Centre, to provide reliable, continuous power to three large warehouses despite regular utility load shedding issues which... 

Encana to acquire shale oil producer Newfield for $5.5bn

By: Bloomberg     1st November 2018 After years of slimming down its oil and gas holdings, Canada’s Encana is reversing course with a $5.5-billion acquisition of a US shale producer in what will be the company’s biggest-ever deal. Encana agreed to purchase Newfield Exploration, which will give it positions in the Stack and Scoop... 

Petrobras to sell stake in Africa unit to Vitol-led group for $1.5bn

By: Reuters     1st November 2018 Brazil's Petroleo Brasileiro SA will sell its 50% stake in a Nigerian oil and gas exploration venture to a consortium led by top oil trader Vitol for $1.53-billion, the latest step in the state-controlled oil company's debt reduction drive, according to a securities filing on Wednesday. The other... 

Load-shedding spectre returns as unplanned outages rise  

By: Terence Creamer     1st November 2018 The spectre of load-shedding, which has haunted South Africa and its economy since 2008, but has lifted somewhat in recent years, appears to have returned. State-owned electricity producer Eskom confirmed with Engineering News Online on Thursday that the system had become vulnerable once again,... 

New research finds developing countries’ coal miners face ‘substantial risk inequality’  

By: Tasneem Bulbulia     31st October 2018 Coal miners in developing countries are likely to be exposed to health and safety risks more often than those working in advanced economies, new research has found. Researchers from Cardiff University, funded by the Institution of Occupational Safety and Health (IOSH), have found that a lack of... 

New Eskom report warns of possible generation gaps in coming five years  

By: Terence Creamer     31st October 2018 Eskom’s newly released Medium-Term System Adequacy Outlook (MTSAO) report highlights several risks to South Africa’s electricity supply for the period 2018 to 2023 and indicates that additional capacity will be required during the period to restore generation adequacy should the energy... 

Peabody says Q4 focus is on North Goonyella, completing Shoal Creek buy

By: Creamer Media Reporter      31st October 2018 NYSE-listed Peabody on Tuesday announced solid results for the third quarter, despite ending the three-month period with substantial challenges at the fire-hit North Goonyella mine, which remains idled. The miner reported revenue of $1.41-billion, compared with $1.48-billion a year earlier, and... 

Santos continues Southern Amadeus farm-in

By: Esmarie Iannucci     31st October 2018 Oil and gas major Santos has informed fellow listed Central Petroleum that it would proceed with Stage 3 of the Southern Amadeus farm-in, after completing seismic works as part of the Stage 2 farm-in. Following the Stage 3 investment, Santos’ share in the EP112 permit will increase to 70%.  

Canada challenges innovators to modernise 100-year-old mining processes

By: Creamer Media Reporter      31st October 2018 Canadian Natural Resources Minister Amarjeet Sohi has challenged innovators to develop new technology solutions to lower energy consumption for crushing mined rock - a process that currently accounts for up to 3% of the world’s electricity usage. Launching the $10-million Crush It! Challenge,... 

TBCSA welcomes R294 billion investment into SA economy

30th October 2018 The Tourism Business Council of South Africa (TBCSA) welcomes the announcement of investment commitments totalling R294 billion at the recently-concluded inaugural Investment Conference hosted by President Cyril Ramaphosa in Sandton. TBCSA believes that the commitments, once converted into live... 

ELB and NOVATEC forms partnership to combine innovation and new technologies into engineered solutions

By: Creamer Media Reporter      30th October 2018 ELB Engineering Services (Pty) Ltd (ELB) is pleased to announce a partnership agreement between ELB and NOVATEC New Technologies (NOVATEC), based in Labin, Croatia. NOVATEC is a computer engineering, process automation and system integration company and active in the South African market since... 

India extends Vedanta’s contract for Rajasthan oil, gas fields

By: Ajoy K Das     30th October 2018 The Indian government has granted a ten-year extension to Vedanta’s contract for exploration and production at the Barmer oil and gas block in the central state of Rajasthan, possibly signalling the end of litigation between the company and government. "The government, acting through the... 

Alliance Sensors Group Releases Two New LVDT Signal Conditioners

30th October 2018 Alliance Sensors Group has developed into “The Name in LVDT Signal Conditioning” due to the constant improvements and advancements made to its line of LVDT signal conditioners. Alliance Sensors Group was founded by Harold and Howard Schaevitz, widely known as the first family of LVDTs. The... 

Goldcorp’s all-electric Borden gets $5m govt boost

By: Creamer Media Reporter      30th October 2018 The Canadian government has announced a $5-million investment to support TSX- and NYSE-listed Goldcorp Borden project, which will be the first underground mine in the country to replace all diesel mobile equipment with battery electric vehicles. The new all-electric Borden, in Chapleau, Ontario,... 

Natural gas cheaper than soaring diesel, petrol, says NGV Gas  

By: Irma Venter     30th October 2018 When compared with petrol, diesel and liquefied petroleum gas, compressed natural gas (CNG) is the most economic transport fuel, believes CNG group sales and marketing manager Wayne Williams. “On 26 September, natural gas was R7.10c cheaper than a litre of 95 octane petrol in Johannesburg,” he... 

Sumitomo Rubber South Africa partners with ‘Part Worn Africa’ initiative to champion Tyre Safety

29th October 2018 As South Africa commemorates Transport Month in October and a few days after the Global Road Safety Partnership’s “Africa Road Safety 2018” gathering in Cape Town from 23 to 24 October 2018 - Sumitomo Rubber South Africa, manufacturer of the popular Dunlop, Sumitomo and Falken tyre brands, has... 

Calls to even out procurement for wind energy

By: Kim Cloete     29th October 2018 The South African Wind Energy Association (SAWEA) has called for energy planners to even out the procurement of wind energy allocations between 2021 and 2030 to prevent a "stop-start" scenario.  The current draft Integrated Resource Plan (IRP) has a gap in the years, 2022, 2023 and 2024, when no... 

Business concerned about coal sector job losses

By: Kim Cloete     26th October 2018 The National Society of Black Engineers (NSBE) and the Black Business Council (BBC) have called for amendments to the Integrated Resource Plan (IRP) 2018, telling Parliament's Portfolio Committee on Energy, on Friday, that the draft plan, with its emphasis on renewable energy rather than coal,... 

EGA partners with Emirates Environmental Group to open new recycling centres in schools

26th October 2018 EGA will also plant 150 trees as part of the initiative Centres aimed at increasing awareness of recycling amongst students 

Salga calls for new electricity demand forecasts

By: Kim Cloete     26th October 2018 The South African Local Government Association (Salga) has called for a reduced demand forecast for electricity to be included in the Integrated Resource Plan (IRP) 2018, in line with the slowdown in electricity sales and a drop in customer demand. Salga says the forecasts contained in the draft... 

Ramaphosa declares end to 'investment strike' and unveils R290bn in commitments  

By: Terence Creamer     26th October 2018 President Cyril Ramaphosa declared an end to South Africa's proverbial 'investment strike', when he unveiled firm investment commitments of R290-billion across a diverse range of sectors, from mining and energy to infrastructure and manufacturing, at a well attended and vibrant investment... 

On-The-Air (26/10/2018) 

By: Martin Creamer     26th October 2018 South Africa is ahead of the world in the new race to develop innovative ‘power fuels’ that prevent climate change. An Australian company is selling its four big South African coal mines in Mpumalanga to new black owners. The Mandela Mining Precinct this week took its first steps towards the... 

CSIR points to 30 000 net jobs gain in electricity to 2030, despite fall in coal jobs 

By: Terence Creamer     26th October 2018 An analysis of the Department of Energy’s (DoE’s) recommended plan in the draft Integrated Resource Plan 2018 (IRP 2018) shows that there will be a 30 000 net increase in employment in the electricity industry to 2030, despite a 100 000 fall in coal jobs over the period. In its formal response to... 

Mining still booming in Oz - ABS

By: Esmarie Iannucci     26th October 2018 The Australian economy reached over A$1.8-trillion in 2017/18, reflecting a 2.8% increase, new data by the Australian Bureau of Statistics (ABS) said. “Australia has now recorded its 27th consecutive year of economic growth and is performing above the 10 year average growth of 2.6%,” said ABS... 

Debt-trap diplomacy?

By: Martin Zhuwakinyu     26th October 2018 I have made no bones about my cynicism about Chinese generosity towards African countries, which has taken the form of top-dollar freebies, government and State-owned company loans and investment in infrastructure. As I have said before, my uneasiness heightened when it came to light that Sri... 

Automatic shut-off valves improve plant safety

By: Paige Müller     26th October 2018 Valves, steam and combustion system solution provider Heaton Valves Africa (HVA), states that its extensive range of German-made Albrecht-Automatik safety shut-off systems and components, significantly improve combustion system operational safety in the industries it serves. HVA combustion... 

Progress made to deliver value-based company strategy

By: Paige Müller     26th October 2018 Integrated chemical and energy company Sasol’s 2018 financial year – which came to a close in June of this year – has proven positive in terms of realising the company’s strategy. “The company has made significant strides in bettering its organisational culture and advancing opportunities in its... 

Sasol, Indian companies join EP100 global energy-saving initiative

26th October 2018 Petrochemicals giant Sasol and Indian companies UltraTech Cement, Mahindra Vehicle Manufacturers, Mahindra Heavy Engines and Godrej Industries and Associate Companies (Gilac) last month pledged to put energy efficiency at the heart of their business growth strategies by joining EP100. EP100 is a... 

SAWEA CEO bullish about SA wind energy outlook

By: Tracy Hancock     26th October 2018 As forecast, 2018 is shaping up to be a landmark year for the South African energy sector, South African Wind Energy Association (SAWEA) CEO Brenda Martin tells Engineering News. Bolstering South Africa’s energy sector is much-improved policy certainty, transparent decision-making and public... 

IRP decision time

By: Terence Creamer     26th October 2018 The comment period for the draft Integrated Resource Plan 2018 has closed and it’s now up to the Department of Energy (DoE) to sift through the responses and assess whether or not any adjustments should be made before asking Cabinet to approve the final version. The draft has been generally... 

Air Products, Weldamax and Bohler geared towards complete stainless steel applications solution

26th October 2018 When you refer to arc welding, metal inert gas (MIG), metal active gas (MAG), tungsten inert gas (TIG), plasma cutting, welding gases, abrasives, and consumables, there are companies who have formed strong relationships over the years to provide a total solution to customers. Air Products and... 

Waterberg drilling programme increases confidence in mineral resources – PTM

By: Simone Liedtke     25th October 2018 A 2018 drilling programme at TSX-listed Platinum Group Metals’ (PTM’s) 50.02%-owned Waterberg project, in South Africa, has increased confidence in the estimated mineral resources for the project, with 6.2-million platinum, palladium, rhodium and gold (4E) ounces now recognised in the... 

Eskom to add 6 500 km of high-voltage transmission lines by 2028

By: Marleny Arnoldi     25th October 2018 Power utility Eskom plans to add about 6 500 km of high-voltage transmission lines and 46 000 MVA of transformer capacity in the next ten years, its latest Transmission Development Plan (TDP), for the period from 2019 to 2028, shows. The TDP, which was released on Thursday, also demonstrates... 

BTT starts construction on Richards Bay LPG storage facility  

By: Tasneem Bulbulia     25th October 2018 Bulk liquid storage operator Bidvest Tank Terminals (BTT) on Thursday celebrated the start of construction on its R1-billion mounded liquified petroleum gas (LPG) storage facility in Richards Bay. The facility is set to house the largest tanks in the world once completed and is anticipated to... 

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