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Good money after bad?

By: Terence Creamer     16th February 2018 It seems an eternity since there has been anything to be excited about when it comes to South Africa’s most important, and most embattled, State-owned company (SoC), Eskom. Since 2008, the business has lurched from supply crunch to wet-coal chaos, from funding crisis to construction confusion,... 

Young company grows fast on back of experienced team

     16th February 2018 Proving that experience truly does count, mainstream industrial plant and equipment rental company Afritech Equipment Solutions has secured notable contracts in the petrochemicals industry, having only been in operation for less than a year. Offering what it claims to be the youngest and most... 

M&R committed to deliver sub-Saharan power and water prospects as mega-project era draws to close 

By: Creamer Media Reporter      14th February 2018 The Power & Water business platform within JSE-listed engineering and construction group Murray & Roberts (M&R) is beginning to shift its attention from Eskom’s two megascale power station projects, in Limpopo and Mpumalanga respectively, to tackling a range of smaller opportunities in various... 

BMW close to ten-year supply deal for battery minerals – FAZ

By: Reuters     12th February 2018 BMW is close to signing a ten-year supply contract for lithium and cobalt, the company's procurement chief told Germany's Frankfurter Allgemeine Zeitung, amid an industry-wide scramble for raw materials needed for electric car batteries. "The aim is to secure the supply all the way down to the... 

WTA Oil Lab Helps Users Avoid Transformer Failure

     12th February 2018 Testing transformer oil is a key function end-users should build into their maintenance programmes, as it speaks volumes about the condition of the transformer itself, according to Ronaldo Bertoldi, engineering manager at WEG Transformers Africa. As one of the largest manufacturers of... 

Sappi moves to consolidate dissolving pulp leadership

By: Anine Kilian     9th February 2018 Pulp and paper producer Sappi plans to significantly expand its operations in South Africa, Europe and the US by 2020, starting with the preparatory work for the potential expansion of its South Africa-based Saiccor dissolving wood pulp (DWP) mill. The South African group supplies about 20% of... 

Donald Trump’s gratuitous slur

By: Martin Zhuwakinyu     9th February 2018 A few weeks ago, US President Donald Trump was at it once again, using vulgar language to disparage the home countries of African, Haitian and El Salvadorian immigrants. As is his wont, he subsequently denied ever uttering the offensive remarks. Last week, he issued a statement full of praise for... 

SA pulp and paper group moves to consolidate dissolving pulp leadership

By: Anine Kilian     9th February 2018 Pulp and paper producer Sappi plans to significantly expand its operations in South Africa, Europe and the US by 2020, starting with the preparatory work for the potential expansion of its South Africa-based Saiccor dissolving wood pulp (DWP) mill. The South African group supplies about 20% of... 

Varaka paper mill PM 2 rebuild, Turkey

By: Sheila Barradas     9th February 2018 Albayrak Group is reinstalling and rebuilding the PM 2, which is a second-hand newsprint paper machine, into a modern, brown-packaging-paper machine. 

Editorial: Is Eskom loan a case of good money after bad?

By: Terence Creamer     8th February 2018 It seems an eternity since there has been anything to be excited about when it comes to South Africa’s most important, and most embattled, State-owned company (SoC), Eskom. Since 2008, the business has lurched from supply crunch to wet-coal chaos, from funding crisis to construction confusion,... 

Sappi's Q1 results in line with expectations

By: Simone Liedtke     7th February 2018 Pulp and paper producer Sappi's performance for the first quarter of the 2018 financial year was in line with group expectations, with earnings before interest, taxes, depreciation and amortisation (Ebitda), excluding special items, reaching $172-million. This was, however, lower than the... 

Underground mining division to drive more than 20% uptick in M&R's interim earnings

By: Megan van Wyngaardt     2nd February 2018 JSE-listed Murray & Roberts (M&R) expects to have achieved at least a 20% year-on-year improvement in its diluted and basic earnings per share and headline earnings per share for the is months to December 31. The uptick in results is attributed to its underground mining division, which is... 

Too little done too late by authorities, as Cape Town businesses plan for Day Zero

By: Natasha Odendaal     31st January 2018 Cape Town businesses believe there has been “too much water politicking and too little sound planning” in response to the current water crisis and have started making their own plans for Day Zero, which is expected to occur on April 16. A Cape Chamber of Commerce and Industry survey shows that... 

Opel to export cars to Tunisia, Morocco – CEO in FAZ

By: Reuters     29th January 2018 PSA Group's Opel plans to start exporting cars to Tunisia and Morocco from its European plants, its chief executive told German daily Frankfurter Allgemeine Zeitung (FAZ) in an interview. France's PSA agreed in March to buy Opel from General Motors in a deal valuing the business at €2.2-billion... 

‘Any nuclear new build a poor choice for South Africa’, not just a Russian build

By: Terence Creamer     26th January 2018 Not just Russian but any nuclear new build is a poor choice for South Africa, Rocky Mountain Institute chief scientist Amory Lovins and University of Cape Town (UCT) emeritus professor Anton Eberhard argue in a newly release occasional paper published by the UCT Graduate School of Business.... 

How Cape Town businesses are tightening the taps

By: News24Wire      26th January 2018 As the countdown to Cape Town's dreaded Day Zero continues, ratepayers are not the only ones forced to tighten their belts when it comes to water use. Businesses operating in what may soon become the first major city to run out of water have been implementing more large-scale water-saving... 

China unveils vision for 'Polar Silk Road' across Arctic

By: Reuters     26th January 2018 China on Friday outlined its ambitions to extend President Xi Jinping's signature Belt and Road Initiative to the Arctic by developing shipping lanes opened up by global warming. Releasing its first official Arctic policy white paper, China said it would encourage enterprises to build... 

Gold market mulling blockchain to secure $200bn of supply

By: Bloomberg     23rd January 2018 Gold is going digital. Blockchain technology may help keep track of the roughly $200 billion of the precious metal dug from remote mines, traded by middlemen and melted down by recyclers that’s sold each year to buyers scattered around the world. 

Policy advocacy, tech innovation and fact-based talks key 2018 AME BC objectives

By: Henry Lazenby     22nd January 2018 Government policy advocacy and fostering genuine fact-based conversations among all stakeholders in the minerals exploration and mining industries are main priorities for the Association for Mineral Exploration British Columbia (AME BC) this year. "Government is increasingly getting more... 

National nanotechnology centre developing prototypes, commercialising technologies

By: Keith Campbell     19th January 2018 The National Centre for Nanostructured Materials (NCNSM) at the Council for Scientific and Industrial Research plans to commission its third pilot plant during the course of this year (2018). The centre’s current two pilot plants were both brought into operation in the middle of 2016. One of... 

Davos paper attacks Trump's views on trade

By: Reuters     17th January 2018 US President Donald Trump's view of world trade will be challenged next week when he visits the World Economic Forum (WEF) at Davos, judging by a paper seen by Reuters on Wednesday that is aimed squarely at his "America First" stance. The "Strategic Brief on Misconceptions around Trade Balances"... 

Yokogawa Develops N-IO Standard Field Enclosure and Control System Virtualization Platform

     10th January 2018 For improved agility in implementing control system projects Yokogawa Electric Corporation (Tokyo: 6841) announces that it has developed an N-IO standard field enclosure and a control system virtualization platform. The enclosure is a weatherproof remote IO cabinet that stores IO devices used by... 

Adani Australia port must refinance soon or face rating cut

By: Bloomberg     9th January 2018 An Australian deep water port linked to one of the world’s biggest planned coal mines should lock in refinancing within six months of a loan maturing in November to safeguard credit ratings on its debt, according to S&P Global Ratings. Adani Abbot Point Terminal in Australia’s Queensland state,... 

Mondi Group signs agreement to acquire Powerflute

By: African News Agency      22nd December 2017 Packaging and paper company Mondi Group said on Friday it had signed an agreement to acquire 100% of the outstanding shares in Powerflute Group, a division of Nordic Packaging and Container Holdings for €365-million. Powerflute operates an integrated pulp and paper mill in Finland with an annual... 

Legislation, regulation to ensure rail success

By: Donald Makhafola     15th December 2017 Industry related forum Transport Forum custodian Harry van Huyssteen believes that the major rail infrastructure projects in South Africa could be better implemented if there was improved regulation and legislation. 

Survey Says: More Oil Producers Moving Toward a Risk-based Approach for Asset Life Extension

     12th December 2017 Producers have discovered that a risk-based inspection approach can cut costs if it’s implemented properly, says an OGIQ survey. Now, it’s a matter of increasing the adoption rate. By Anne-Marie Walters 

Blockchain set to change transactions, information flow and business processes

By: Schalk Burger     8th December 2017 Trust is the underlying factor supporting financial systems – from the value of currency and financial transactions to public spending. Similarly, trust underpins almost all information transfers, and money is a medium that allows people to ‘communicate’ value throughout an economy, says... 

Blockchain set to change transactions, information flow and business processes

By: Schalk Burger     8th December 2017 Trust is the underlying factor supporting financial systems – from the value of currency and financial transactions to public spending. Similarly, trust underpins almost all information transfers, and money is a medium that allows people to communicate value throughout an economy, says financial... 

Liquid carton recycling plant brings new, high-quality stream of fibre 

     7th December 2017 In response to an increasing global call to recycle a growing number of materials, an investment of R46-million has been made by paper and plastics packaging company Mpact into a new recycling facility. Dylan Slater tells us more. 

Sappi acquisition transitions group into higher-growth segments

By: Anine Kilian     5th December 2017 JSE-listed pulp and paper manufacturer Sappi will acquire the speciality paper business of Swiss-based pulp and paper manufacturer Cham Paper Group (CPG) for a $149-million cash deal. The transaction, which includes CPG’s Italy-based Carmignano and Condino mills, as well as its digital imaging... 

Exports could ease Eskom’s debt pressure

By: Creamer Media Reporter      1st December 2017 By Jason Mann and Victoria Barr Recent reports have highlighted the many challenges facing State-owned electricity utility Eskom, including difficulties in continuing to service its debt. 

Heat exchangers made compact

     1st December 2017 Wisconsin-based shell and tube heat exchangers company Enerquip has added a new line of compact heat exchangers to meet growing demands from customers with low flow-rate applications. Enerquip is one of the leading providers of heating and cooling equipment for production plants and... 

Small size particles prompt regular filter replacement

     1st December 2017 Owing to typical commercial primary filters in a pneumatic circuit being designed to filter out particles as small as 5 μm from the air, particular hydraulic systems, motion and control technologies diversified manufacturer Parker Hannifin says companies need to change or clean dirty elements as... 

CIPC collaboration with banks to extend to BEE certification

By: Nadine James     1st December 2017 Company registration and business licensing organisation, the Companies and Intellectual Property Commission (CIPC) reports that companies will soon be able to attain black economic empowerment (BEE) certificates from South Africa’s four main banking institutions. CIPC commissioner Advocate Rory... 

German car makers warned of possible battery materials shortage-Welt am Sonntag 

By: Reuters     26th November 2017 The German car industry risks running short of key raw materials for automotive batteries, hampering a planned boost in the production of electric vehicles (EVs), Germany's largest industry association BDI warned. "The risk of running into bottlenecks in raw material supply is increasing because... 

Academy seeks to mitigate issues for bus industry

By: Tasneem Bulbulia     24th November 2017 The Southern African Bus Operators Association (Saboa) believes that its planned Driver Training Academy will alleviate some of the issues the bus sector is facing. Speaking at the Gauteng Bus Indaba and Strategic Planning Workshop, held in September, Saboa executive manager Eric Cornelius said... 

Total plug-and-play solution for condition monitoring of equipment

     20th November 2017 A multi-channel, complete plug-and-play solution for condition monitoring of equipment is available from FAG, distributed locally by leading supplier Bearings International (BI). The FAG SmartQB is a ready-to-use, preconfigured condition monitoring system for electric motors, fans, compressors,... 

Sappi reports quarterly Ebitda increase of 6%

By: Anine Kilian     16th November 2017 JSE-listed pulp and paper group Sappi’s earnings before interest, taxes, depreciation and amortisation (Ebitda) saw a 6% quarter-on-quarter increase to $221-million for the three months ended September 31. Commenting on the group’s performance, CEO Steve Binnie said on Thursday that the company’s... 

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