R/€ = 15.85 Change: 0.00
R/$ = 13.88 Change: 0.04
Au 1228.09 $/oz Change: 3.39
Pt 847.50 $/oz Change: 0.96


Valuable partnership continued with new projects

By: Robyn Wilkinson     21st October 2016 Pressure vessels and piping fabrication specialists and construction fabrication consortium the Hydra Arc group of companies is continuing its long-term partnership with energy and chemicals company Sasol by assisting it with the construction of an air separation unit, as well as developing... 

Steam traps enhance energy conservation, reduce downtime

By: Robyn Wilkinson     21st October 2016 Valve products and services provider Heaton Valves Africa has been contracted to supply steam traps for the seventeenth air separation train that is under way at energy and chemicals company Sasol’s Secunda complex, in Mpumalanga. 

Lake Charles is value accretive in the long term

21st October 2016 Despite the announcement in August revising the cost estimate of its Lake Charles chemicals project (LCCP) by about $2.9-billion, South African petrochemicals giant Sasol remains confident that the project is value accretive to shareholders in the long term. The project, located adjacent to... 

Strong operating performance to continue in 2017

21st October 2016 South African petrochemicals giant Sasol CFO Paul Victor announced last month that despite the anticipated oil and currency price volatility, the company expects its strong operating performance to continue next year. Speaking at Sasol’s annual results presentation on September 12, Victor pointed... 

Amid cracker rivalry, Sasol says multiasset model gives Lake Charles project an edge

By: Terence Creamer     21st October 2016 The skyline associated with Sasol’s $11-billion ethane cracker project in Lake Charles, Louisiana, is starting to change fundamentally as the plant’s large steel structures are installed on a portion of the vast 890 ha site, where the South African energy and chemicals group is creating a new... 

Lake Charles Chemicals Project, US

By: Sheila Barradas     14th October 2016 The skyline associated with Sasol’s ethane cracker at the Lake Charles Chemicals Project is starting to change fundamentally. 

Sasol completes first ever onshore 3D seismic campaign in Mozambique

By: Megan van Wyngaardt     6th October 2016 South African petrochemicals company Sasol has completed the first ever three-dimensional (3D) onshore seismic programme, in the Inhassoro field, in Mozambique. This involved acquiring 115 km2 of data in the Inhassoro field, which forms part of Sasol’s onshore production sharing agreement (PSA)... 

Ntshu Air - PSI Group

By: Zandile Mavuso     30th September 2016 Ntshu Air provides complete air compressed system solutions for the mining, automotive, chemicals, petrochemicals, plant hire, construction and power generation industries. 

Company adds new manufacturing facility

30th September 2016 Engineering designs, manufacturer and services solutions provider Weir Group opened its new Weir Gabbioneta manufacturing facility in Milan, Italy, earlier this year, which will allow the company to expand its product range for downstream oil and gas, petrochemical and power generation customers.... 

Specialised workwear meets industry needs

By: Kimberley Smuts     30th September 2016 Safety-wear manufacturer MB Workwear is focussed on providing specialised and technologically advanced garments using the latest and best fabric innovations, including new antistatic inherently flame-resistant coveralls to meet the evolving needs of the industries it serves. The company is... 

Wescoal secures long-term coal export business

By: Martin Creamer     28th September 2016 Coal mining and marketing company Wescoal has finalised a series of coal contracts in line with its stated intention of supplying a million tonnes of coal a year into the export market. The coal purchase confirmations, which involve the supply of more than five-million tonnes of coal from... 

Manufacturing income increased to R2.2tr in 2014 – statistics

By: Anine Kilian     26th September 2016 Although the embattled manufacturing industry’s income grew by 9.4% a year from 2011 to 2014, employment in the sector decreased significantly over the same period, Statistics South Africa’s (Stats SA’s) data shows. Its Manufacturing Industry 2014 report notes that the industry’s income increased... 

Commission’s ports probe to place spotlight on Transnet’s economic impact

By: Mia Breytenbach     23rd September 2016 State-owned logistics company Transnet, which owns all commercial ports in South Africa and is the sole operator of the country’s container and automotive terminals, has naturally had a major influence over port operations and terminal handling charges. However, that role and dominance have often... 

Commission’s ports probe to place spotlight on Transnet’s economic impact

By: Mia Breytenbach     23rd September 2016 State-owned logistics company Transnet, which owns all commercial ports in South Africa and is the sole operator of the country’s container and automotive terminals, has naturally had a major influence over port operations and terminal handling charges. However, that role and dominance has often... 

Kelvion Services

By: Martin Zhuwakinyu     16th September 2016 East Rand-based Kelvion Services – formerly GEA Nilenca – is a leading black-empowered integrated heat exchanger solutions provider that is registered by the Construction Industry Development Board as a Level 9ME enterprise. Its product line ranges from gasketed and brazed heat exchangers to... 

Flooring installation wins safety award

By: Kimberley Smuts     16th September 2016 Kevin Bates Albert Carpets (KBAC) Flooring was awarded its second Master Builders Association (MBA) North Safety Trophy in July for installing the flooring of petrochemicals group Sasol’s new head offices in Sandton, Johannesburg. KBAC Flooring supplied and installed Interface carpet tile. The... 

SAIW continues to make significant contributions to education

By: Victor Moolman     9th September 2016 Despite there being a decline in enrolments in inspector and competent persons courses for welding, the Southern African Institute of Welding (SAIW) continues to be well positioned to make a significant contribution to capacity building through its education and training programmes. 

Welding industry seeks new alternatives  

By: Victor Moolman     9th September 2016 With fewer projects being available in the power generation and petrochemical sectors, South African Institute of Welding (SAIW) executive director Sean Blake says that for those seeking welding industry opportunities alternative sectors have to be considered. 

Kelvion Thermal Solutions

9th September 2016 Kelvion Thermal Solutions – formerly GEA Aircooled Systems – designs and manufactures heat exchangers, pressure vessels and cooling systems for the petrochemicals and power industries. GEA Aircooled Systems was founded in 1975 in South Africa. GEA sold GEA Heat Exchangers Group to an investor,... 

Company science and engineering programme celebrates graduates

2nd September 2016 More than 100 science and engineering university graduates and participants in petrochemicals and chemicals company Sasol’s education programmes were recognised on July 7 for successfully completing their respective degree courses from undergraduate to doctorate level. The graduates had... 

Supplier development programme launched for black businesses

2nd September 2016 Oil refining company Chevron Corporation’s local subsidiary Chevron South Africa (SA) –  which markets its fuel under the Caltex brand – last month announced a new enterprise and supplier development (E&SD) programme aimed at improving access to its value chain for black-owned businesses.  The... 

Egyptian petrochemicals complex expected 2021

2nd September 2016 Egyptian petrochemicals company Carbon Holding's proposed Tahrir Petrochemicals Complex is to be located within the Ain Sokhna industrial zone, near the Gulf of Suez. Major contracts for the project have been awarded, with the construction work expected to start later this year and commissioning... 

Lake Charles Chemicals Project, US

By: Sheila Barradas     2nd September 2016 Sasol joint CEO Stephen Cornell has said that the “fundamentals” of the project remain intact. 

Indo-Russia Summit expected to fast-track mining, hydrocarbon collaboration projects

By: Ajoy K Das     26th August 2016 The forthcoming yearly Indo-Russia Summit, in October, is expected to lay down the framework for scaling up bilateral engagements in the mining, energy and hydrocarbon sectors, wherein mega marquee investments have already been put on the anvil. While the bilateral agreements up for discussion... 

Invincible Valves

26th August 2016 Established in 1982, Invincible Valves has grown into a medium-sized enterprise employing 39 people. The company, which is based in Knights, Germiston, on Gauteng’s East Rand, sells, reconditions and rubber-lines a range of valves. These include actuators, ball valves, butterfly valves,... 

Process Pipe

By: Zandile Mavuso     26th August 2016 With 47 years’ expertise in the pipes industry, wholesale carbon and mild steel pipes, fittings and flanges wholesaler Process Pipe has established a national footprint in South Africa, with branches in Gauteng (Alrode), KwaZulu-Natal (Jacobs) and two branches in the Western Cape (Belville and... 

Manufacturer hires external company for machine cleaning

26th August 2016 Multinational Voith Industrial Services has supplied a team of 40 employees to take over the machine cleaning responsibilities at the headquarters of compaction technology and manufacturer Bomag, in Boppard, Germany. 

Software maximises mineral recovery

By: Nadine James     26th August 2016 Process management specialists BluESP’s advanced process control (APC) solution uses software that incorporates multivariable model predictive control to manage and stabilise complex interactions in industrial processes and maximise mineral recovery processes at mining companies, says BluESP... 

Southern African piped gas industry booming

26th August 2016 With the availability of natural gas in countries such as Mozambique and Namibia, coupled with the discovery of gas reserves offshore Mozambique and South Africa, the piped gas industry in Southern Africa is undergoing rapid expansion, says the Southern African Gas Association (Saga). In November... 

Sasol awards SNC-Lavalin five-year contract

By: Anine Kilian     25th August 2016 Engineering and construction group SNC-Lavalin has been awarded a mechanical engineering-led framework agreement and associated project management services contract by petrochemicals group Sasol, in support of the general maintenance projects at its sub-Saharan Africa sites.   The five-year... 

Caltex Australia to Distribute Chevron Premium Base Oils in Australia

25th August 2016 Chevron Corporation announced today that its affiliate, Chevron Singapore Pty Ltd, has signed an agreement with Caltex Australia Petroleum Pty Ltd. to become an authorized distributor of Chevron premium Group II base oils in Australia. With limited in-country production of premium base oils, this... 

Sasol Inzalo Foundation hosts symposium on the role of technical schools in South Africa

By: Anine Kilian     15th August 2016 Petrochemicals giant Sasol, through the Sasol Inzalo Foundation, is, this week, hosting a three-day inaugural symposium on the role of technical schools in South Africa at the Vaal University of Technology in Vanderbijlpark.   The conference, which starts on August 16, will bring together 150... 

Chevron South Africa launches supplier development programme for black businesses

By: Anine Kilian     11th August 2016 Oil and gas company Chevron South Africa, which markets its fuel under the Caltex brand, has started a new enterprise and supplier development (E&SD) programme aimed at improving access to its value chain for black-owned businesses.  The initiative is open to businesses that are 51% black-owned... 

Increasing demand for gasket installation

By: Robyn Wilkinson     5th August 2016 Having identified a need in the market for the correct installation of gaskets at industrial plants, supplier of sealing products and services Klinger Mzansi is offering a Joint Integrity Management Service in addition to its product line to help increase the safety and efficiency of plants. 

Correct sealing products imperative

5th August 2016 The selection of the correct industrial sealing product in modern engineering is a critical consideration, both in the design of new equipment and in the choice of products to replace those that are no longer suitable, says industrial static sealing products manufacturer and supplier BMG gaskets... 

Dedicated truck highway could improve logistics services

By: David Oliveira     22nd July 2016 A truck rapid transit (TRT) system, with dedicated road infrastructure similar to that provided for the bus rapid transport system being rolled out in many South African cities, could provide the impetus to improve the country’s anaemic economic growth. During petrochemicals group Shell’s Rimula... 

Call for expressions of interest for S Africa’s gas-to-power plan

22nd July 2016 The Department of Energy (DoE) announced, early in May, a call for expressions of interest (EoI) for the appointment of strategic partners to assist State-owned companies (SoCs) in the development of a 600 MW gas-fired power plant, says international law firm White & Case.  

New technology for NDT technicians in South Africa

By: Simon Sonnekus     15th July 2016 South African non-destructive testing (NDT) technicians can possibly look forward to the global influx of new technology, following the completion of the nineteenth World Conference on NDT held in Munich, Germany, last month. According to South African Institute of Non-Destructive Testing... 

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