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KAP gears up for growth, announces solid interim results

By: Schalk Burger     23rd February 2018 Diversified industrial group KAP Industrial Holdings has raised R2-billion through the issuance of three- to five-year bond tenures to fund its future growth, the firm stated in its six-month interim results for the period ended December 31. Its revenue from continuing operations increased by 29%... 

KAP gears up for growth, announces solid interim results

By: Schalk Burger     12th February 2018 Diversified industrial group KAP Industrial Holdings has raised R2-billion through the issuance of three- to five-year bond tenures to fund its future growth, the firm stated in its six-month interim results for the period ended December 31. The group on Monday reported that its revenue from... 

KAP advances acquisition strategy; reports good FY17 results

By: Schalk Burger     14th August 2017 Diversified industrial group KAP Industrial Holdings’ acquisition of high-density polyethylene and polypropylene manufacturer Safripol, logistics firm Lucerne Transport and a 51.4% interest in logistics firm Xinergistix during the 2017 financial year, provides the company with further... 

First local policy for gas pipes released

30th June 2017 Southern African Plastic Pipe Manufacturer’s Association (Sappma) has released the local industry’s first policy statement for the supply of gas fuels using polyethylene (PE) pipes, in order to ensure that the application and use of PE pipes conforms to South African National Standards (SANS) ISO... 

Manufacturing Circle, Gauteng Premier to cooperate on reviving the Vaal Triangle

By: Anine Kilian     22nd May 2017 The Manufacturing Circle will work with Gauteng Premier David Makhura on an action plan to revive the Vaal Triangle and arrest the decline of manufacturing in the region.    “The Vaal Triangle rejuvenation project is being driven the CEO Initiative, which Manufacturing Circle chairperson André de... 

Call made for intervention to sustain Gauteng’s key industrial heartland

By: Dylan Slater     10th February 2017 Travelling about 60 km south of Johannesburg through Vereeniging and Vanderbijlpark, a general state of decay is visible in the once thriving industrial heartland known as the Vaal Triangle.  

Kap concludes its largest acquisition to date, absorbs Safripol in R4.1bn deal

By: Natasha Odendaal     10th January 2017 JSE-listed diversified industrial group Kap Industrial has concluded its R4.1-billion acquisition of Sasolburg-based polypropylene and high-density polyethylene manufacturer Safripol. The transaction, effective January 1, was funded through a combination of debt and equity, including R1.5-billion... 

Stringent specs for plastic pipes in gas pipelines

24th June 2016 South Africa’s gas industry is on the cusp of great growth and expansion in light of a potential global oversupply of shale gas. As a result, local plastic pipe manufacturers have to ensure that the pipes used in gas pipelines have been manufactured according to stringent specifications and... 

AGM injects new blood into body’s board of directors

By: Ilan Solomons     16th January 2015 In October, industry body the Southern African Plastic Pipe Manufacturers Association (Sappma) announced changes to its board of directors as well as the winners of its 2014 Merit Awards. The announcement was made during Sappma’s tenth annual general meeting (AGM), which was held in Midrand, in... 

Safripol Sasolburg keeps its IT cycle fresh with Integr8

8th July 2014 Sasolburg-based Independent plastics manufacturing company Safripol has strengthened its ICT capability and invested in the services of Integr8 to ensure the benefit ofconsolidated infrastructure across its Lenovo-based environment. Safripol is a Preferred Polymer Partner and leverages off... 

Long-running polymers excessive-pricing case gets moving 

By: Terence Creamer     13th May 2013 The Competition Tribunal began hearings on Monday into the alleged excessive pricing of propylene and polypropylene by Sasol Chemical Industries (SCI) between 2004 and the end of 2007, with Advocate Arnold Subel outlining the commission’s case and Advocate Wim Trengove leading SCI’s defence. The... 

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