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Further Australian LNG projects needed to keep prices in check

By: Esmarie Iannucci     12th September 2018 New Australian liquefied natural gas (LNG) supplies will have to come on line by 2028 in order to forestall a shortage, advisory firm Wood Mackenzie (WoodMac) has forecast. “The Queensland LNG export projects have shattered the east coast’s ‘cheap gas forever’ mentality,” WoodMac director for... 

July manufacturing output up 2.9%

By: Reuters     11th September 2018 South Africa's industrial output expanded in July as food and motor vehicle output rose, easing pressure on an economy that recently slipped into recession and is struggling for investment amidst policy uncertainty and possible credit downgrades. The statistics agency in Africa's most... 

Netstar introduces mine fleet safety solution

By: Marleny Arnoldi     11th September 2018 Telecommunications and information technology company Allied Electronics Corporation’s Netstar subsidiary has developed a unique and fully compliant solution that helps mitigate accidents in mine fleets. “Ensuring safe working conditions for the mining sector is a challenge, particularly when... 

Transnet Engineering appoints acting chief officer for advanced manufacturing

By: Simone Liedtke     11th September 2018 Transnet Engineering has appointed Thoba Majoka acting chief officer for advanced manufacturing, effective September 10. Majoka is currently the divisional executive for maintenance and services at Transnet Engineering, where he is responsible for the overall strategic direction of this... 

Rand gains limited by negative emerging market sentiment

By: News24Wire      11th September 2018 The rand, which has been strengthening since Thursday last week, may break through the R15/$ barrier on Tuesday, but any gains will be limited by emerging market weakness, according to analysts.  The local currency opened trade at R15.19 to the greenback and was changing hands 0.96% stronger at... 

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... 

Local manufacturing expo to bolster exports, economy

By: Tasneem Bulbulia     10th September 2018 The South African Capital Equipment Export Council (SACEEC) will host its inaugural Local Manufacturing Expo next year, to showcase local manufacturing capabilities and bolster the country’s economic growth, SACEEC CEO Eric Bruggeman told attendees at a presentation during Electra Mining, on... 

New impulses for the aluminum industry

10th September 2018 SMS group presents digitalization-driven potentials at the leading trade fair for the aluminum industry held in Düsseldorf During the “ALUMINIUM 2018” trade fair, from 9 – 11 October 2018, Düsseldorf, will once again be in the limelight of the global aluminum industry. SMS group is going to... 

Maxiflex delivers sweet door solutions to leading Eastern Cape citrus fruit company

7th September 2018 Maxiflex’s reputation as a purveyor of world-class quality door solutions and services was instrumental in securing an order for an overhead panel sectional door from a leading citrus fruit handling company situated in the Eastern Cape. The customer required a specialised door solution for their... 

On-The-Air (07/09/2018) 

By: Martin Creamer     7th September 2018 The planned imposition of carbon tax on South Africa’s smelters is going to put thousands of people out of work and lose South Africa billions of rands in lost export revenue. The promising new gold recovery project on the Far West Rand is another example of the private sector working together... 

African Chemicals Imbizo: The Gateway to Africa

7th September 2018 eThekwini Municipality and the Durban Chemicals Cluster will host the continent’s largest chemicals manufacturing event focussed on driving chemicals manufacturing growth and trade. The fourth African Chemicals Imbizo 2018 takes place on 24 October 2018 at the Durban ICC. It will strengthen ties... 

Aveng expects to wrap up noncore disposals by June 2019

By: Terence Creamer     7th September 2018 Embattled construction group Aveng expects to finalise the disposal of all noncore businesses by June 2019. Following a strategic review, the JSE-listed company identified Aveng Trident Steel, Aveng Grinaker-LTA, Aveng Manufacturing, as well as certain properties and other assets, for sale. 

Transnet board suspends two senior executives

By: African News Agency      7th September 2018 Transnet's board on Thursday, announced the suspension of two senior executives. "The board of Transnet today suspended two senior Transnet executives – Thamsanqa Jiyane, the chief officer for advanced manufacturing of Transnet Engineering and Lindiwe Mdletshe, the senior manager for strategic... 

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... 

5G on its way, but roll-out to be pursued on a case-by-case basis

By: Natasha Odendaal     7th September 2018 The rush to test and implement fifth-generation (5G) services has already started, however, this time around, the latest technological advancement will not be built up or deployed in the same manner as preceding technologies, but rather be implemented on a use case basis. Despite the fact that... 

Technology changes the future of welding

7th September 2018 The Southern African Institute of Welding (SAIW) says it will use augmented or virtual welder training techniques in its new Future Welder Training Centre. “Augmented welder training, in essence, allows students to work with real three-dimensional objects combined with virtual computer-generated... 

SAIW receives robot welding system for training  

By: Donald Makhafola     7th September 2018 South Africa-based Japanese automation and robotic company Yaskawa Southern Africa is handing over a complete robot welding system to the Southern African Institute of Welding (SAIW) for its new robot-welding training programme. The programme comprises the training of robotic-welding operators,... 

Welding company embarks on massive expansion

7th September 2018 Secunda-based welding company Hydra Arc – ISO 3834 certified by the Southern African Institute of Welding (SAIW) Certification has grown into a leading South African specialised welder that provides services for Southern Africa’s petrochemicals, power, mining and minerals processing industries.... 

High demand for SAIW fabricator certification

7th September 2018 Nonprofit technical organisation Southern African Institute of Welding (SAIW) is encouraged to see a high number of large companies applying for Welding Fabricators Certification Scheme (WFCS) which is a quality requirement for fusion welding of metallic materials, as well as certified... 

5G on its way, but roll-out to be pursued on a case-by-case basis

By: Natasha Odendaal     7th September 2018 The rush to test and implement fifth-generation (5G) services has already started, however, this time around, the latest technological advancement will not be built up or deployed in the same manner as preceding technologies, but rather be implemented on a use case basis. Despite the fact that... 

Blockchain for enterprise cloud platform to raise transaction trust

By: Schalk Burger     7th September 2018 Cloud technology multinational Oracle’s Blockchain Cloud Service provides a development platform for enterprises and State organisations to build their own scalable and low-cost blockchain networks, says Oracle cloud platform business development director and Europe, Middle East and Africa... 

Vesconite

7th September 2018 Self-lubricated polymer bearings and bushes manufacturer VescoPlastics welcomes visitors to its stand (Hall 6 Stand C23) at Electra Mining Africa, which will be held at Nasrec, Johannesburg, from September 10 to 14. VescoPlastics caters for most bearing and wear-plate-bearing requirements of the... 

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

By: Esmarie Iannucci     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... 

Qld seeks public input on A$1bn coking coal mine

By: Esmarie Iannucci     6th September 2018 The Queensland government has called for public comment on the proposed A$1-billion Olive Downs coal mine, releasing its draft environmental impact statement (EIS). Minister for State Development, Manufacturing, Infrastructure and Planning Cameron Dick said on Thursday that the proposed project... 

Telkom, universities partner to develop national Fourth Industrial Revolution agenda

By: Marleny Arnoldi     5th September 2018 Telecommunications giant Telkom and the universities of the Witwatersrand (Wits), Johannesburg (UJ) and Fort Hare on Wednesday launched SA4IR, which is a national response to the Fourth Industrial Revolution. The partnership between the company and the universities seeks to build an inclusive... 

Calculating your return on Investment

By: Creamer Media Reporter      5th September 2018 In today’s competitive business environment, staying ahead of the game is essential. To do this, manufacturers need to ensure that their equipment remains effective and runs optimally at all times. The overall performance of machinery and equipment depends on its Overall Equipment Effectiveness... 

Standard Bank PMI falls to 29-month low in August

By: Marleny Arnoldi     5th September 2018 Operating conditions in South Africa’s private sector economy deteriorated for the second straight month in August, as business activity and input purchasing decreased in line with an accelerated drop in new orders, says Standard Bank in its Purchasing Managers’ Index (PMI) for August.... 

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... 

Master Drilling acquires Atlantis

By: Martin Creamer     5th September 2018 The strengthening of diversified geographic footprint of mining technology company Master Drilling is continuing with the announcement on Wednesday that the Johannesburg Stock Exchange company had entered into agreements to acquire the businesses of the Atlantis Group, a South African... 

African rail industry urged to adopt concepts of Fourth Industrial Revolution

By: Nadine James     4th September 2018 The African rail industry must adopt the concepts and develop the technologies of the Fourth Industrial Revolution to facilitate, and realise, the industrialisation aspirations of the continent, delegates attending a South African Heavy Haul Association (SAHHA) technical workshop, on Tuesday,... 

Mpact trials aluminium, plastic recyclate construction board manufacturing

By: Marleny Arnoldi     4th September 2018 Paper and packaging company Mpact is running manufacturing trials at its plant, in Benoni, Gauteng, to manufacture construction boards and pallets made from recycled aluminium and plastic. The aluminium and plastic are offcuts from liquid packaging that is recycled at the company’s paper mill in... 

Absa PMI falls to 18-month low in August

By: Marleny Arnoldi     3rd September 2018 The seasonally adjusted Absa Purchasing Managers’ Index (PMI) has declined from a solid 51.5 points recorded in July to 43.4 in August – its lowest recorded level in 18 months. The deterioration was driven by sharp declines in the new sales orders index, as well as the business activity index;... 

National development plan to feature prominently at the Southern African metals and engineering indaba

By: Creamer Media Reporter      3rd September 2018 Six years ago, the Government adopted the National Development Plan (NDP), a blueprint for how South Africa could eradicate poverty and reduce inequality by 2030 – with business and other stakeholders enthusiastically welcoming the initiative. While the NDP drew criticism from some labour... 

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,... 

Absa PMI falls to 13-month low in August

By: Reuters     3rd September 2018 South Africa's seasonally adjusted Absa Purchasing Managers' Index (PMI) fell to a 13-month low in August driven by large declines in new sales and business activity, a survey showed on Monday. The index, which is compiled by the Bureau for Economic Research and gauges manufacturing activity in... 

Volkswagen signs assembly, policy MoUs in Nigeria, Ghana

By: Irma Venter     3rd September 2018 Volkswagen has added Ghana and Nigeria to its list of future vehicle assembly operations in Africa. The German manufacturer is already active on assembly sites in Kenya, Algeria and Rwanda. 

Bell reports strong H1 results, remains bullish on South African market

By: Nadine James     31st August 2018 JSE-listed Bell Equipment achieved a 6% year-on-year increase in revenue to R3.7-billion for the six months to June 30. Headline earnings a share increased by 10% to 131c and an interim dividend of 20c was declared. 

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