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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

Environmentally-Friendly Augmented-Reality Welding Simulators For Welding Students At TVET Colleges

11th September 2018 The new augmented-reality welding training solution from Sangari Education The blue collar skills shortage in South Africa is estimated at around one million jobs.  To meet this demand, training is essential, but the machinery needed is expensive.  Providing theory and no practical training is... 

Ausenco leads the charge to address slurry pipeline failure rates

By: Esmarie Swanepoel     11th September 2018 Consulting, engineering and project delivery firm Ausenco has organised the first, focused pipeline user’s symposium, to be held in Santiago, Chile, at the end of October, to discuss a framework to address the high mean failure rate of slurry pipelines. Ausenco VP for pipeline consulting, JP... 

Sasol, Indian companies join EP100 global energy saving initiative

By: Marleny Arnoldi     10th September 2018 Petrochemicals giant Sasol and Indian companies UltraTech Cement, Mahindra Vehicle Manufacturers, Mahindra Heavy Engines and Godrej Industries and Associate Companies (Gilac) on Monday pledged to put energy efficiency at the heart of their business growth strategies by joining EP100. EP100 is a... 

Afrox achieves double-digit HEPS growth amid subdued economic environment 

By: Simone Liedtke     10th September 2018 Despite low economic growth in the six months to June 30, JSE-listed African Oxygen (Afrox) achieved double-digit growth in its headline earnings per share (HEPS) to 104c, representing an increase of 11.5% from the HEPS of 93.3c recorded for the six months to June 30, 2017. Referring to the... 

Melting ice due to climate change disrupting shipping routes

By: Irma Venter     10th September 2018 Climate change is freeing up new trade routes in some areas, while increasing the risk of ice in others. There was another milestone for Arctic shipping in early 2018 when a specially designed liquid natural gas tanker became the first commercial ship to travel the Northern Sea Route in winter... 

Hydrogen from renewables may be energy transition’s ‘missing link’

By: Terence Creamer     7th September 2018 Producing hydrogen from variable renewable electricity (VRE) could be the ‘missing link’ in the unfolding transition to a decarbonised global energy system, a newly released report argues. Published by the International Renewable Energy Agency (Irena), the study explores the production of... 

ARM mulling ‘very exciting’ growth opportunities – Motsepe

By: Martin Creamer     7th September 2018 Diversified mining company African Rainbow Minerals (ARM) is right now looking at some very exciting growth opportunities, its executive chairperson Patrice Motsepe said on Friday. After announcing the delivery of 51% higher headline earnings of R4 814-million in the 12 months to June 30... 

African Rainbow Minerals earnings rise, cash mounts, dividend boosted

By: Martin Creamer     7th September 2018 The headline earnings of diversified mining company African Rainbow Minerals (ARM) rose sharply in the 12 months to June 30, when the company generated strong cash flow that has underpinned a boosted cumulative dividend payout of R1.7-billion. Headline earnings increased by 51% to R4 814-million,... 

Santos completes divestment of noncore assets

By: Esmarie Swanepoel     7th September 2018 Oil and gas major Santos has completed the $221-million sale of its non-core Asian portfolio of assets to Ophir Energy. The deal was struck in May of this year, and would see Santos divest of its 31.87% interest in the Chim Sao and Dua oilfields, in Vietnam, the 67.5% interest in the Maleo and... 

Peru Minister proposes making tax benefit for miners permanent

By: Reuters     7th September 2018 Peruvian Energy and Mines Minister Francisco Ismodes on Thursday proposed making a temporary tax benefit for mining companies part of the country's permanent tax code in order to reduce investment uncertainty in the world's No. 2 copper producer. Miners in Peru have enjoyed refunds on an 18%... 

Mining waste set to grow, but ‘reduce, reuse, recycle’ solutions abound

By: Tracy Hancock     7th September 2018 The evolution of waste management techniques to accommodate the shift to low-grade ores by mining operations is one of the key emerging trends in the global mining waste management market, states UK market research company Technavio. The London-headquartered company explains that in the last... 

Seventy years of weld training

7th September 2018 Founded in 1948, this year, the Southern African Institute of Welding (SAIW) is 70 years old and it has been one of the great success stories in South African industry. From its fledgling beginnings, when it acted mainly as the South African welding industry’s association, it has grown into the... 

Significant growth expected in flame arrestor market

7th September 2018 The global flame arrestors market is estimated to be $713.8-million in 2018 and is projected to reach $924.7-million by 2023, at a compound annual growth rate of 5.31%, according to research company Research and Markets. In their report titled ‘Flame Arrestors Market by Type (In-Line and... 

New oil refinery for Uzbekistan

7th September 2018 Jizzakh Petroleum, a joint venture of Uzbekistan’s State-owned Uzbekneftegaz and Russian oil exploration company Gazprom International’s subsidiary Gas Project Development Central Asia will use American multinational conglomerate Honeywell Universal Oil Products (UOP) technologies to build a new... 

New partnership offers turnkey STO solutions

7th September 2018 At Marcus Evans' tenth annual Chemical/Petrochemical and Refinery Shutdowns and Turnarounds Event in San Antonio, Texas, in May, US-based business management consultant KAP Project Services and US-based industrial workforce management company Mobideo Technologies announced a strategic partnership... 

A reflection on latest IRP iteration

By: Terry Mackenzie-hoy     7th September 2018 The Integrated Resource Plan (IRP) is a government plan that supposedly sets out  the future development of the South African electricity generation system. In theory, government passes the plan around for comment by industry and municipalities and everybody agrees, after which government policy... 

Join the least-cost highway

By: Terence Creamer     7th September 2018 The release of a draft Integrated Resource Plan (IRP 2018) for public comment, is an extremely positive development. Likewise, the document’s acknowledgement that the least-cost new build option for South Africa to 2030 is a combination of solar, wind and gas represents major progress. This... 

Energía del Pacífico project, El Salvador

By: Sheila Barradas     7th September 2018 Energía del Pacífico is building a power plant and a floating storage regasification unit in the Department of Sonsonate. 

Engro chlorvinyl chemical complex – Phase 3, Pakistan

By: Sheila Barradas     7th September 2018 Engro Polymer & Chemicals Limited plans to increase the production of polyvinyl chloride and enhance plant productivity at its chemical complex in Karachi. 

Fleetcool is an ideal coolant solution for light-to-medium duty diesel and gas engines

6th September 2018 The Fleetcool antifreeze and coolant range of products from Cummins provides superior engine protection and simplified maintenance programmes. Fleetcool is a cost-effective, standard life coolant with a Borate buffer and low-silicate formulation. It is ideal for all light-to-medium duty diesel... 

Coal-transition support should aid workers and communities, not Eskom – report

By: Terence Creamer     6th September 2018 A new report into South Africa’s coal sector argues that any subsidies set aside for the country’s “inevitable” transition away from coal in electricity production should be tailored to protect workers, their dependants and communities, rather than Eskom, or the coal sector as a whole. Published... 

Northern Territory’s 5-point plan to build a gas industry

By: Esmarie Swanepoel     6th September 2018 The Northern Territory government has revealed a five-point gas strategy to drive its vision of creating a world-class hub for gas production, manufacturing and services, by 2030. The strategy will be aimed at getting more liquefied natural gas (LNG) in Darwin, and expand the Darwin LNG export... 

India-US dialogue to set outline for Indian crude oil imports from Iran

By: Ajoy K Das     5th September 2018 The Indian government will not totally halt crude oil imports from Iran, but will likely show flexibility on volumes of inward shipment as a nuanced stance at the US-India bilateral engagements starting Wednesday. The Indian government reckons that this willingness to reduce crude volume imports... 

Affordability of energy must be prioritised – Radebe

By: African News Agency      5th September 2018 South Africa's Energy Minister Jeff Radebe has urged the prioritisation of energy affordability in order to attract investment. During his keynote address at the Africa oil and power conference held at the Cape Town International Convention Centre he said it was imperative in order to create jobs. 

African gas output could make up 10% of global total by 2040 – official

By: Reuters     5th September 2018 African production of natural gas could contribute as much as 10% of the global total by 2040, an expansion of around 530-billion cubic metres, the secretary general of the Gas-Exporting Countries Forum, Yury Sentyurin, told a conference on Wednesday. 

Afrox launches 360-degree Integrated Customer Application Solutions Programme

By: Creamer Media Reporter      5th September 2018 The challenging South African energy, transport, mining and fabrication industries require innovative solutions to stay abreast of global technology and competition. Whether the application is a locomotive, a pressure vessel, tanker, wind tower, a petro-chemical plant shut-down or any other... 

Appea blasts South Australian decision

By: Esmarie Swanepoel     5th September 2018 The Australian Petroleum Production and Exploration Association (Appea) has condemned the South Australian government’s decision to support a bill to legislate a decade-long moratorium on hydraulic fracturing (fracking) in the state’s Limestone Coast region. “It is disappointing to see the state... 

PTM, partners apply for Waterberg mining right

By: Creamer Media Reporter      4th September 2018 TSX- and NYSE American-listed Platinum Group Metals (PTM) has filed a mining right application for its joint venture (JV) Waterberg platinum group metals project, in South Africa. The application was submitted to the Department of Mineral Resources and comprised the mining work programme, a... 

Chilean copper miner Codelco halts Ventanas furnaces over gas levels

By: Reuters     4th September 2018 Chilean State miner Codelco halted the operations of three out of four furnaces at its Ventanas copper foundry on Monday morning after high levels of sulphur dioxide were detected, it said in a statement. Codelco said levels of the gas went 20% over the accepted limit for five minutes, prompting... 

Atlas Copco expands its compressed air and nitrogen product ranges with innovative products

3rd September 2018 Atlas Copco Oil-free Air and Compressor Technique Service Divisions, leading providers of sustainable productivity solutions, held a global sales event between April, 16th and 19th 2018 with over 900 participants from 68 countries.  Several product innovations in compressed air and gases were... 

Gordhan: Fuel prices will rock SOEs

By: News24Wire      3rd September 2018 Public Enterprises Minister Pravin Gordhan has told Parliament that most of the companies in his portfolio will be rocked by the latest fuel price hikes, with exposure to these hikes racking up millions in extra costs.  In a reply sent to Members of Parliament last week, Gordhan said an increase... 

Bidvest lifts FY18 HEPS despite volatile market

By: Simone Liedtke     3rd September 2018 JSE-listed services, trading and distribution company Bidvest on Monday declared a final dividend of 301c a share, bringing the total dividend for the financial year ended June 30 to 556c, amid a volatile market, which the company said was characterised by weak economic growth and consumer spend,... 

White workers at Sasol launch 'go-slow' ahead of Thursday strike over black staff scheme

By: Reuters     3rd September 2018 Workers from South Africa's mainly white Solidarity union started a go-slow protest at petrochemicals firm Sasol over a share scheme offered exclusively to black staff, and will launch a full strike on Thursday. The Solidarity union also said it will file a complaint to US regulators over Sasol's... 

CSIR Aeronautics attracting international clients as SA budgets fall

By: Rebecca Campbell     31st August 2018 The Council for Scientific and Industrial Research (CSIR) Aeronautics Systems Competency has created an innovation team to address both emerging opportunities and problems in the global aerospace environment. (“Innovation team” is a description, not a title.) This amounts to the creation of a new... 

Woodside to make FID at SNE in 2019

By: Esmarie Swanepoel     31st August 2018 Australian oil and gas producer Woodside is expected to take a final investment decision on its SNE oil field, offshore Senegal, in 2019. Woodside’s business integration manager for Senegal field development, Jamie Stewart told delegates at the Africa Downunder conference, that Woodside would... 

Carbon emissions reduced at hospitals

By: Halima Frost     31st August 2018 Gas suppliers CNG Holdings through its wholly owned subsidiary Virtual Gas Network (VGN) will start the installation of two natural gas boiler systems – the final phase of the Gauteng Province Department of Infrastructure Development (GPDID) Greening Initiative – at provincial hospitals on the... 

Waste gas fuels smelter

By: Halima Frost     31st August 2018 A gas processing plant, built by backup and continuous power solutions provider Diesel Electric Services, in Boshoek near Rustenburg, has achieved over 45 000 lost-time injury-free hours in its first year of operation. The project –  which started in January 2016, and took about 16 months to... 

New Hydrotechnik range for BMG

31st August 2018 Technical solutions provider BMG has been appointed as exclusive distributor of the Hydrotechnik range of analogue and digital test and measurement equipment in Southern Africa. 

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