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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

South32 foresees short-term volatility, but long-term growth, sustainability 

By: Schalk Burger     25th October 2018 Diversified mining and metals company South32 on Thursday forecast short-term price volatility for the commodities it produces, but also highlighted its strong cash position and its work to further optimise its global portfolio of assets. In a speech delivered at the company’s 2018 annual general... 

Air Products launches centralised dissolved acetylene facility 

25th October 2018 Air Products has invested more than R90-million into a centrally located dissolved acetylene plant in Midvaal, and is decommissioning its two existing plants, located on Gauteng and KwaZulu-Natal. Tasneem Bulbulia tells us more. 

Emerson’s New Compact, Hygienic Transmitters Meet Food And Beverage Industry Challenges

25th October 2018 The Rosemount™ 326/327 line of pressure, level and temperature instruments offers food and beverage facilities the opportunity to improve efficiency, safety, product quality and consistency. Emerson today unveiled a new line of transmitters designed specifically for hygienic applications in the... 

Govt banking on policy certainty to revive mining industry 

By: African News Agency      24th October 2018 South Africa's government is banking on recent reforms and policy certainty to revive the mining industry after production  fell by 1.7% in the first eight months of 2018 compared with an increase of 4.5% in the same period last year, Finance Minister Tito Mboweni said on Wednesday. In his maiden... 

Modern Water signs AMBC collaboration for Africa

24th October 2018 Modern Water plc, the owner of leading technologies for water and wastewater treatment and for the monitoring of water quality, has entered into a collaboration agreement with WEC Projects (Pty) Ltd, a leading South African EPC (engineering, procurement & construction) contractor which... 

“Solar energy lighting the way for small businesses”

24th October 2018 Large shopping centres in urban hubs have been early adopters of the solar farming trend. With ample roof space and large daily energy usage, they are a perfect case study for the cost-saving benefits of solar power. However, the economic spinoffs of renewable energy are truly palpable in rural... 

Strike Energy raises A$13m

By: Esmarie Iannucci     24th October 2018 ASX-listed Strike Energy has received binding commitments from institutional and professional investors to successfully raise A$13-million through a share placement. More than 113-million shares will be issued at a price of 11.5c each under the company’s existing placement capacity. 

India receives $822m investment commitment in first round of oil, gas block auction

By: Ajoy K Das     24th October 2018 India has received an investment commitment of $822-million in oil and gas exploration through agreements with successful bidders of 55 oil and gas blocks at the recently concluded maiden auction under Open Acreage Licensing Policy (OALP). Of the 55 blocks, Anil Agarwal-controlled Vedanta bagged... 

A-Gas, CRS help major shopping centres keep cool and green

23rd October 2018 Commercial Refrigerant Solutions (CRS) of Johannesburg recently used the Rapid Recovery high-speed refrigerant recovery solution from A-Gas South Africa on a range of major projects. The two companies have been collaborating successfully for a year, ranging from Woolworths in Alberton to the... 

Resilient captains steer M&D Construction Group through economic turmoil

By: Creamer Media Reporter      23rd October 2018 M&D Construction Group, a leading South African Level 1 Broad-Based Black Economic Empowerment infrastructure specialist, continues to focus on recruiting and developing the leaders it needs to ensure future sustainability. Importantly, these leaders have to be able to navigate an increasingly... 

Euro Steel

23rd October 2018 Part of AFMETCO Group of Companies, Euro Steel has evolved into one of South Africa’s largest stainless steel, special steels, aluminium and other corrosion-resistant materials distributors and exporters. The company operates predominantly in all major cities in South Africa, but also has... 

Ichthys ships first LNG to Japan

By: Esmarie Iannucci     23rd October 2018 The Ichthys liquefied natural gas (LNG) has shipped its first LNG from its onshore gas liquefaction plant in Darwin, in the Northern Territory. Operator Inpex on Tuesday said that the first shipment of LNG was destined for the Inpex-operated Naoetsu LNG terminal in Japan, and followed the first... 

Eskom gearing up for big grid-scale battery storage roll-out  

By: Terence Creamer     22nd October 2018 State-owned electricity utility Eskom is preparing to roll-out battery energy storage systems (BESS) across multiple sites as part of a replacement plan for the 100 MW Kiwano concentrated solar power (CSP) project initially approved as part of the $3.75-billion World Bank loan extended to the... 

FTC gives conditional approval to Praxair-Linde merger

By: Reuters     22nd October 2018 The US Federal Trade Commission said on Monday that it will require Praxair and Linde to divest assets in nine industrial gases product markets in United States, as part of a settlement that resolves charges that their proposed merger would likely be anticompetitive. The assets will be sold to... 

Beautiful, perky new Kona crossover makes a bold statement for Hyundai in South Africa

22nd October 2018 With a bold front and rear design, confident and unique, the all-new Hyundai Kona has arrived in South Africa to fill an important slot as an eye-catching crossover model in Hyundai Automotive South Africa's local line-up. Hyundai's new crossover model is launched in the local market with... 

Saoga upbeat about prospects for the gas industry in South Africa

By: Kim Cloete     19th October 2018 The South African Oil & Gas Alliance (Saoga) believes there are catalytic opportunities for developing the gas industry in South Africa, which have been buoyed by a renewed focus on attracting investment to the country. The two major opportunities will be the massive gas finds in neighbouring... 

The natural gas revolution in South Africa: A changing energy landscape

By: Creamer Media Reporter      19th October 2018 Recent on- and off-shore discoveries of globally significant quantities of natural gas in Southern Africa – including trillions of cubic metres of natural gas in the Rovuma Basin off the Mozambique coast, the biggest global find of natural gas in decades – represent a new dawn for the region’s... 

Sheffield warns of A$115m Thunderbird cost blowout

By: Esmarie Iannucci     19th October 2018 Mineral sands developer Sheffield Resources has warned of a cost blow-out at its Thunderbird project, in Western Australia, of some A$115-million. The company on Friday said that the Stage 1 capital cost for the Thunderbird project was expected to be some A$463-million, compared with the... 

Companies face prosecution for fixing gas cylinder prices

By: African News Agency      19th October 2018 The Competition Commission on Thursday referred to the Competition Tribunal for prosecution five Liquefied Petroleum Gas (LPG) companies for cartel conduct.  The Commission said that Totalgaz Southern Africa, Oryx Oil South Africa, KayaGas, Easigas and African Oxygen (Afrox), have been charged... 

SA-linked startup wins UK competition to build hyperloop-type solution

By: Irma Venter     19th October 2018 UK company Magway has won co-funding support of more than £650 000 from Innovate UK, through its emerging and enabling technologies competition, to build a 150 m hyperloop-type demonstration link for high-speed package delivery, east of London. Innovate UK is the UK government’s Research Agency. 

Tech, fashion showcased in iconic African designs

By: Natasha Odendaal     19th October 2018 A successful campaign aimed at bringing to life the transformative capabilities of data has revealed the combination of the power of technology and fashion and turned a concept into a dialogue. A thought-provoking project under the bannered theme “Fabric” undertaken by Siemens in August... 

IRP 2018 suffers from major failings, nuclear analyst claims

By: Rebecca Campbell     19th October 2018 South Africa's Integrated Resource Plan (IRP) 2018 contained serious flaws which significantly undermined confidence in its recommendations. So affirmed University of the Witwatersrand Honorary Research Fellow and South African Network for Nuclear Education, Science and Technology National... 

SA-linked startup wins UK competition to build hyperloop-type solution

By: Irma Venter     19th October 2018 UK company Magway has won co-funding support of more than £650 000 from Innovate UK, through its emerging and enabling technologies competition, to build a 150 m hyperloop-type demonstration link for high-speed package delivery, east of London. Innovate UK is the UK government’s Research Agency. 

Carbon Tax Bill, draft IRP 2018 not aligned

19th October 2018 South Africa is in the process of developing policy instruments to mitigate climate change and ensure the least cost to the economy for future energy requirements. At the core of these environmental and economic objectives are the Draft Carbon Tax Bill (DCTB) and the Draft Integrated Resource... 

Airport Nikola Tesla upgrade, Serbia

By: Sheila Barradas     19th October 2018 VINCI Airports Serbia aims to start work on the Airport Nikola Tesla in 2020. 

Driftwood liquefied natural gas project, US

By: Sheila Barradas     19th October 2018 The project will provide gas and processing facilities to produce up to 27.6-million tonnes a year of liquefied natural gas for export. 

Sales and production soar at Woodside

By: Esmarie Iannucci     18th October 2018 Australia’s Woodside Petroleum has seen an increase in both production and sales revenues for the third quarter, as its Wheatstone liquefied natural gas (LNG) project continued to contribute strongly to operations. “Production at Wheatstone LNG continued ahead of plan, underpinning a 13.8% rise... 

Santos revenue jumps on higher oil price, volume growth

By: Esmarie Iannucci     18th October 2018 Oil and gas major Santos has reported a 6% increase in production during the third quarter ended September, while sales revenue increased by 10%. “Santos’ third-quarter results serve to highlight the benefits of a cash generative core asset portfolio and our low-cost, disciplined operating... 

Renewable energy industry comments on draft IRP

By: Kim Cloete     17th October 2018 The renewable energy sector in South Africa has welcomed the draft Integrated Resource Plant (IRP) 2018, but has also expressed concerns. “While the IRP forecasting is rational in its choices, it unfortunately requires us to accept some overly optimistic assumptions,” said the South African... 

Organisations raise objections to the draft IRP

By: Kim Cloete     17th October 2018 Industry bodies and organisations have welcomed aspects of the draft Integrated Resource Plan 2018 but have also raised concerns during public hearings held in Parliament on Wednesday. They are hoping that their suggestions will be included in a final plan for South Africa’s energy future. 

BHP iron-ore output up, FY copper guidance trimmed

By: Esmarie Iannucci     17th October 2018 Diversified giant BHP has reported increases in copper and iron-ore production during the three months to September, while petroleum and coal production fell. Iron-ore production for the three months to September was up by 10% on the previous corresponding period, to 61-million tonnes of ore,... 

Calls for greater transformation in the energy industry 

By: Kim Cloete     16th October 2018 Calls for greater participation by black professionals in the energy industry were made during public hearings into the Integrated Resources Plan (IRP), held at Parliament, on Tuesday. The Black Energy Professionals Association, an organisation of black professionals that practice their trade... 

Organisations oppose coal in IRP public hearings 

By: Kim Cloete     16th October 2018 Public hearings into the Integrated Resources Plan (IRP) kicked off in Parliament on Tuesday, with several organisations voicing their concerns about the plan’s provision for new coal-fired power stations. Attorney Robyn Hugo of the Centre for Environmental Rights (CER) told Parliament’s... 

EnviroServ returning to its roots following Shongweni malodour issue

By: Simone Liedtke     16th October 2018 After acknowledging that its KwaZulu-Natal-based Shongweni landfill was a contributor to malodour, waste management company EnviroServ has returned to its “old way of disposing of waste”, which comprises using lime to raise the alkalinity (pH) levels at its landfill sites. This decision,... 

AECOM adopts innovation and resilient design to ensure sustainability

15th October 2018 Sustainability is the preservation of natural, social, and economic resources by means of innovative construction methods and conscious decisions throughout the lifecycle of designing, constructing, and operating a project. This is according to AECOM Sustainability Practice Area Lead Candice... 

Wits Business School Addresses the Energy Sector Skills Shortage

By: Creamer Media Reporter      15th October 2018 The energy landscape in Africa is changing dramatically.  Opportunities abound for investments, partnerships and other initiatives in the sector, particularly in oil and gas and renewable energy. The World Bank's Africa Energy project portfolio currently carries 48 projects totalling US$3... 

CER attorneys to address MPs on new coal in the IRP

By: Creamer Media Reporter      15th October 2018 Attorneys from the Centre for Environmental Rights (CER) plan to, on Tuesday, tell Members of Parliament (MPs) that an Integrated Resource Plan for Electricity (IRP) that provides for expensive new coal-fired power, at a time when South Africa needs to be urgently transitioning away from... 

South Africa’s synfuels know-how could give it edge as world mulls power fuels 

By: Terence Creamer     15th October 2018 The newly formed Global Alliance Power Fuels believes that South Africa is well positioned to become a leading site for the large-scale production of liquid fuels from renewable energy and has confirmed with Engineering News Online that the country is on its radar for possible future... 

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