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Sasol Inzalo Public to list on JSE 

By: Megan van Wyngaardt     17th September 2015 Sasol Inzalo Public, which was established through energy and chemicals company Sasol’s largest broad-based black economic-empowerment (BEE) transaction, intends to list on the BEE segment of the JSE’s main board. The R26-billion transaction has given over 290 000 previously disadvantaged South... 

Resources Watch  

By: Creamer Media Reporter      17th September 2015 Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry. This week: Sasol is ‘excited' by South Africa’s gas-to-power prospects. ARM declares a dividend despite the copper price blow. And, Kibo says Tanzania’s... 

US trade mission to touch down in S Africa this week

By: African News Agency      15th September 2015 Representatives of more than 100 US companies will descend on South Africa this week to gauge possible trade and investment opportunities, the US Embassy said on Tuesday. The companies, from 25 states, are part of the US Department of Commerce’s Trade Winds – Africa mission, which aims to create... 

Moz State petroleum group awarded $45m Sasol supply deal

By: Natalie Greve     11th September 2015 In a drive to promote local content in Mozambique, South African petrochemical group Sasol and its partners have entered into a $45-million agreement with Mozambique's State-owned petroleum products distributor Petroleos de Mocambique (Petromoc) to buy condensate from the central processing... 

Joint call for skilled NDT personnel

11th September 2015 The Southern African Institute of Welding (SAIW) and the South African Institute of Non Destructive Testing (SAINT) have called for a harmonized South African NDT Qualification and Certification scheme, which will not only improve the quality of nondestructive testing (NDT) technicians in South... 

Schrempp to step down from Sasol board

By: Terence Creamer     10th September 2015 Energy and chemicals group Sasol has announced that Professor Jürgen Schrempp, who has served on its board for 18 years, will step down as director and lead independent director at its annual general meeting on December 4. Schrempp, who is best know internationally for his role in the... 

Soweto community education campus to launch on Mandela Day 2016 

By: Creamer Media Reporter      10th September 2015 The community of Devland, in Soweto, will have access to a modern, multipurpose learning centre by July next year, in commemoration of Mandela Day, as part of a community outreach project undertaken by nonprofit organisation Growing Up Africa.  

Sasol ‘excited’ by South Africa’s gas-to-power prospects 

By: Terence Creamer     7th September 2015 Energy and chemicals group Sasol has again indicated a desire to participate in South Africa’s upcoming gas-to-power programme, confirming on Monday that it had responded to the Department of Energy’s recent request for information and that it was also considering investment options along the... 

Sasol sees low oil prices persisting to 2017, but expects strong upswing by decade’s end 

By: Terence Creamer     7th September 2015 Energy and chemicals group Sasol reported a 17% fall in headline earnings to R49.76/share in the year to June 30, 2015, with a strong operational performance offset by a sharp weakening in market conditions, including a year-on-year oil price decline of 33%. Outgoing President and CEO David... 

Percentage of new Moz gas possibly destined for South Africa

By: Dylan Slater     28th August 2015 A study on offshore gas reserves in the Rovuma basin, near Mozambique undertaken by consulting firm Frost & Sullivan and published in May 2015 indicates that the reserves might be substantial enough to export a portion to South Africa, providing the country with much sought-after natural gas... 

GTP programme possible accelerator for local natural-gas sector

By: Dylan Slater     28th August 2015 A request for information (RFI) issued by the Department of Energy (DoE) in May for the development of its gas-to-power programme is expected to be a much needed catalyst for growth in South Africa’s natural-gas sector, avers Sandton-based law firm Baker & McKenzie. 

Gold only nugget amid JSE bloodbath

By: News24Wire      24th August 2015 The world markets meltdown which continued on Monday spilled over to the JSE, dragging the All Share-index below 48 000 points. On Friday, the All Share closed below 50 000 points for the first time since the beginning of the year. On Monday, all the major indices on the JSE, with the exception... 

Weak oil price exacts toll on Sasol’s earnings

By: Terence Creamer     7th August 2015 South African energy and chemicals group Sasol confirmed on Friday that its earnings for the financial year to June 30, 2015, would be down on the previous year, despite a strong operational performance – the weaker result was largely attributed to the sharp fall in the oil prices during the... 

Additives reduce asphalt deformation and provide energy savings

By: Mia Breytenbach     7th August 2015 With local road infrastructure gradually deteriorating, most bitumen and asphalt customers are likely to consider products, additives and mixes that could significantly extend the life of roads, says petrochemicals major Sasol. “Road-deterioration challenges could be overcome . . . [using]... 

Brick company aiming to expand kiln capacity

By: Dylan Stewart     7th August 2015 Owing to the current healthy market, the expected growth in local demand for face bricks and the subsequent opportunity to increase the company’s market share in the sector, clay brick producer Rosema is aiming to expand its kiln capacity, says Rosema factory manager Chris Clarke. 

Europe to make proposal on carbon-capture cooperation with South Africa 

By: Terence Creamer     20th July 2015 European Commission Vice President Maroš Šefčovič plans to follow up his recent visit to South Africa with a firm proposal on how the European Union (EU) and South Africa could cooperate on clean-coal technology and carbon capture and storage (CCS). In an interview with Engineering News Online... 

South African Conversations on Infrastructure

14th July 2015 DIALOGUES OVER THE YEARS Over the past three years of Dialogues, role players and stakeholders have faced many hurdles in the race to develop South Africa’s infrastructure. Some have cleared these hurdles and others have not. Going forward, achieving a better performance requires teamwork... 

Event addresses Africa’s power, distribution sector issues

By: Bruce Montiea     3rd July 2015 Power generation and distribution industry conference and exhibition, POWER-GEN Africa and DistribuTECH Africa’s expert advisory board has identified the integration of renewable energy into the traditional power ecosystem, universal access to power, funding and sustainability as key issues to be... 

KTH acquires 51% of Servest in landmark empowerment deal

By: Creamer Media Reporter      25th June 2015 Investment holding company Kagiso Tiso Holdings (KTH) has acquired a 51% shareholding in Servest Group, in a transaction that values the group at about R4.5-billion. The deal would see Servest become the largest, majority black-owned, facilities management company in Africa, strongly positioning... 

KTH acquires 51% of Servest in a landmark transaction

25th June 2015 Investment holding company, Kagiso Tiso Holdings announces the successful acquisition of a 51% shareholding in the Servest Group (“Servest”) to form the largest, majority black-owned, facilities management company in Africa, in a transaction valuing the group at approximately R4.5 billion. The... 

CompComm approves Lion Match’s acquisition of Sasol candle business

By: Natalie Greve     12th June 2015 The Competition Commission has approved, without conditions, the acquisition of Sasol-owned Price’s Candles’ manufacturing business and assets by safety match and firelighter company Lion Match. This followed the inking of a deal between the petochemicals group and Lion Match to have Price’s... 

Gantsho to step in as Implats chairperson in October

By: Megan van Wyngaardt     10th June 2015 JSE-listed platinum miner Impala Platinum (Implats) has appointed Dr Mandla Gantsho as independent nonexecutive chairperson, effective October 21. He would succeed Dr Khotso Mokhele who would step down as director and chairperson at Implats’ annual general meeting. 

Large stainless steel localisation potential in power generation industry

By: Dylan Slater     29th May 2015 The production of specialised products, such as stainless steel heat-exchanger tubing, for the industrial power generation industry could hold significant benefits for local stainless steel manufacturer Fischer South Africa (SA). 

Sasol expands production at German alumina plant

By: Megan van Wyngaardt     20th May 2015 Energy and chemicals group Sasol has expanded the production capacity of its alumina spheres plant in Brunsbüttel, Germany, to 4 000 t/y. “The expansion marks another step in strengthening our position in the alumina market to meet growing market demand for carrier materials for industrial... 

New valve test station provides quality assurance

By: David Oliveira     15th May 2015 South African valve manufacturing company Mitech last month installed a combination shut-off and control valve test station at the company’s factory in Kempton Park, Johannesburg. The test station was imported from Netherlands-based valve testing unit manufacturer Ventil through Ventil’s South... 

Resources Watch  

By: Creamer Media Reporter      14th May 2015 This week: Sasol nears the tail end of its R15.3-billion mine replacement project in Secunda. Brazil’s Vale stresses the importance of community engagement. And, Stonewall aims to mine 36 000 ounces a year from Mpumalanga tailings in the next ten years. 

Power crisis’ silver lining

By: Sisa Njikelana     8th May 2015 As would be expected, the current electricity crisis has triggered a flurry of activities aimed at mitigating the crisis. Thus, the crisis has had a catalytic effect in terms of seeking short-,medium- and long-term solutions. As an example, Energy Minister Tina Joemat-Petterssen said when she... 

Sasol nears tail end of R15.3bn mine replacement project in Secunda  

By: Natalie Greve     6th May 2015 A sweeping R15.3-billion project that will replace three of petrochemical group Sasol’s ageing coal mines across the Secunda coalfields of Mpumalanga continues to advance within budget and will, once fully completed in 2016, supply the group’s nearby Synfuels complex with 42-million tons of coal... 

Sasol to complete design of biogas plant by year-end

By: David Oliveira     24th April 2015 Petrochemicals group Sasol will finalise the conceptual design of a 60 Mℓ anaerobic membrane bioreactor (AnMBR) at the end of this year, which is expected to generate 40 MW of electricity by treating a gas-to-liquids (GTL) plant’s industrial effluent to produce methane-rich biogas. Sasol... 

The battle for clean air isn’t over

23rd April 2015 Last week, Sasol withdrew litigation against the Minister of Water and Environmental Affairs. Sasol was seeking to review and set aside the minimum air emission standards promulgated in 2013 under section 21 of the National Environmental Management Air Quality Act. However, despite the withdrawal... 

Sasol pulls 340 S African workers from Moz operations as xenophobic tensions rise 

By: Natalie Greve     17th April 2015 Petrochemicals group Sasol has confirmed that it has evacuated 340 South Africans from its operations in Mozambique, following fears of retaliation by local workers amid outbreaks of xenophobic violence against foreign nationals – among them Mozambicans – in South Africa. The group said in a... 

Low oil price to smother infrastructure spend in Nigeria, Angola

By: Natalie Greve     15th April 2015 Infrastructure spend by Africa’s largest oil producing countries, Nigeria and Angola, will be hard-hit by the retreating global oil price, which has more than halved since June last year and is currently at $58/bl, it emerged on Tuesday. “Angola and Nigeria are not in a fortunate position.... 

Air Liquide air separation unit, South Africa

By: Sheila Barradas     27th March 2015 The project involves the construction of the largest air separation unit ever built. 

Sasol working with SA's power 'war room' on gas-importation plan 

By: Terence Creamer     9th March 2015 Energy and chemicals group Sasol is working with the Eskom War Room on a possible public–private partnership (PPP) to build a floating liquefied natural gas (LNG) facility along the South African coast, which would facilitate the importation of gas to be used by both Eskom and independent power... 

Sasol to cut capex by as much as R22bn as part of ‘lower-for-longer’ oil response plan

By: Terence Creamer     9th March 2015 Energy and chemicals group Sasol aims to save between R13-billion and R22-billion from “capital portfolio phasing and reductions” over the coming 30 months as part of a larger R30-billion to R50-billion cash-conservation programme launched in response to an expectation of a “lower-for-longer” oil... 

Ressano Garcia’s gas-to-power capacity rises to 400 MW as loop-line is completed

By: Terence Creamer     5th March 2015 The $200-million ‘loop line 1’ project to expand the capacity of the gas pipeline from Mozambique to South Africa has been completed, the Republic of Mozambique Pipeline Investments Company (Rompco) has confirmed. Rompco is the gas transport joint venture set up in 2004 by JSE-listed energy and... 

Sassda honours local stainless steel fabricators at gala event

27th February 2015 The Southern Africa Stainless Steel Development Association (Sassda) in November announced the winners of the 2014 Stainless Steel Awards at a gala banquet held at the Indaba Hotel in Fourways, Johannesburg. “We have seen some of the strongest entries in several years for the 2014 Stainless Steel... 

Air Liquide to build €200m oxygen plant to supply Sasol 

25th February 2015 Petrochemicals group Sasol has signed a long-term agreement with French multinational Air Liquide for the supply of large quantities of industrial gases to Sasol Secunda. The deal would see Air Liquide invest about €200-million on the construction of what it says is the largest air separation... 

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