http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.05Change: 0.07
R/$ = 12.14Change: 0.15
Au 1184.30 $/ozChange: -1.50
Pt 1143.50 $/ozChange: 3.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Oct 06, 2008

Daily podcast – October 6, 2008

Back
October 6 2008
 
 
 
Engineering|Expertise|Africa|Aluminium|Components|Defence|Eskom|Export|Mining|PROJECT|System|Africa|Kenya|Energy|Equipment|Manufacturing|Iron Ore|Iron-ore|Power|Bearing
Engineering|Expertise|Africa|Aluminium|Components|Defence|Eskom|Export|Mining|PROJECT|System|Africa|Kenya|Energy|Equipment|Manufacturing|Iron Ore|Iron-ore|Power|Bearing
engineering|expertise|africa-company|aluminium|components|defence|eskom|export|mining|project|system|africa|kenya|energy|equipment|manufacturing|iron-ore|iron-ore-person|power|bearing
© Reuse this This podcast is brought to you by the Bearing Man Group - Southern Africa's finest source of quality engineering components and expertise.

Monday, October 6, 2008.

From Creamer Media in Johannesburg, I'm Shannon O'Donnell.

Making headlines today:

Sasol CEO Pat Davies expressed "profound regret" at the weekend that its European paraffin wax subsidiary, Sasol Wax GmbH, had violated European Union competition law. But, he said the group was robust enough to withstand the R3,8-billion fine and still continue with its ambitious growth pipeline.

Speaking to the South African media for the first time since the group was fined, Davies said it had made immediate provision for the fine. But he also provided a strong indication that the group was likely to appeal the ruling.

Nevertheless, based on current information, the appeal would probably focus primarily on seeking a reduction in the penalty. This is based on the fact that Sasol had not only cooperated fully with the European Commission's probe, but also given that it had unwittingly inherited the anticompetitive behaviour from the previous owner of the business. Davies stressed that none of the individuals implicated in the cartel currently worked for the 31 000-employee group.

(audio clip)

BHP Billiton said on Friday that power shortages in South Africa had caused a decline of 8,2% total production at its three aluminium smelters.

The three smelters, two in South Africa and one in Mozambique, have a combined capacity of some 1,43-million tons, or about 3,7% of world output.

Power shortages in Africa's strongest economy have this year hit key mining, smelter and manufacturing sectors.

However, chairperson of BHP's southern Africa region Vincent Maphai said that it would be "very difficult" to agree to a proposal from Eskom to buy back power from energy-intensive users such as smelters as Eskom sought to shore up an under pressure national power grid.

Schneider Electric president and CEO Jean-Pascal Tricoire said on Friday that South Africa's mines could cut power consumption by more than the Eskom-mandated 10%.

He told Mining Weekly Online that Schneider was able to buffer critical equipment during power outages as well as shrink carbon footprints.

He said that making energy more efficient and "green" was central to the company's offering.

It had developed a system that "buffered" electricity supply to the "most sensitive and critical applications" during outages on national electricity grids and was able to offer mines "total reliability" in a world where energy was scarce and could "bridge" energy-short national electricity grids.

(audio clip)

Also making headlines:

Sasol may take action against previous wax-business owners
The World Bank's 'green' energy funding is up 87%
Cement production starts at PPC's Batsweledi expansion project
DRDGold raises its stake in the Elsburg joint venture to 65%
Petmin sells Springlake colliery to Shanduka for R145-million
And, Kumba Iron Ore doubles its iron-ore benchmark export price.

In political news:

Guinea marks 50 years of independence as "poor but free"
Kenya accuses the West of "colonial" meddling
The former South African defence minister attacks a divided ANC
And, Israel warns a Hezbollah war would invite destruction

That's a round up of news making headlines today. For more on these and other stories, visit engineeringnews.co.za, miningweekly.com and polity.org.za

Edited by: Shannon de Ryhove
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Intellectual Property Law News
Pedestrian Door Solutions specialists, ASSA ABLOY Entrance Systems South Africa (Pty) Ltd., have supplied and installed a number of Besam entrance systems to medical facilities both in South Africa and outside the country’s borders that offer fast, convenient and...
Rubber-in-compression couplings, from Renold Hi-Tec, provide fail-safe operation on applications such as mine winders, hoists, draw-works on drilling rigs and industrial overhead cranes. The intrinsically fail-safe construction of the couplings protects both people...
Engineering, management and specialist technical services company Aurecon achieved a first in Tshwane in 2011 when its Lynnwood Bridge Office Park building, situated just off of the N1 highway, achieved a 4 star GreenStar SA – [Office Design v1, Office Design v1]...
More
 
 
Latest News
South Africa's only nuclear plant, Koeberg
The Department of Energy (DoE) announced on Tuesday that the pre-procurement phase for South Africa’s proposed roll-out of a nuclear new build programme had been completed, following the latest in a series of workshops with vendor countries and their companies....
The Competition Commission has appointed Bukhosibakhe Majenge legal services divisional manager, effective April 1. The commission advised on Tuesday that Majenge would take over from Wendy Ndlovu, appointed manager in the office of the Commissioner. Majenge had...
Aim-listed energy provider Ncondezi Energy has been granted an extension for meeting certain conditions relating to the conditional commercial deal signed between it and Electricidade de Moçambique (EdM) for its 300 MW power plant. Ncondezi was establishing an...
More
 
 
Recent Research Reports
Steel 2015: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2015 report provides an overview of the key developments in the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon...
Projects in Progress 2015 - First Edition (PDF Report)
In fact, this edition of Creamer Media’s Projects in Progress 2015 supplement tracks developments taking place under the Renewable Energy Independent Power Producer Procurement Programme, which has had four bidding rounds. It appears to remain a shining light on the...
Electricity 2015: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
 
 
 
 
 
This Week's Magazine
Projected capital expenditure (capex) in the South African automotive assembly industry should reach a record R7.48-billion this year, says the National Association of Automobile Manufacturers of South Africa (Naamsa) in its 2014 fourth quarter business review. Capex...
After several years of navigating project-threatening red tape and currency fluctuations, the 4.4 MW Bronkhorstspruit biogas power plant, which will supply clean energy to a leading automotive manufacturer in Gauteng, is expected to enter production before June....
RESOURCEFUL The raw material for the pilot plant would be supplied from the dissolving wood pulp plants at Sappi’s Saiccor and Ngodwana mills, in South Africa, and the Cloquet mill, in the US
South African paper and pulp producer Sappi reported earlier this month that it would build a pilot plant for the production of low-cost Cellulose NanoFibrils, or CNF (nanocellulose) at the Brightlands Chemelot Campus in Sittard-Geleen in the Netherlands.
The long-term outlook for Nigeria is a country that has the potential to be very strong. So affirmed International Monetary Fund (IMF) Nigeria Mission Chief and Senior Resident Representative Dr Gene Leon on recently. "But we are starting from a point of huge...
Poor infrastructure planning and inadequate maintenance are becoming increasingly problematic for new developments and the associated infrastructure required to support such developments. In many urban and rural municipalities, the state of infrastructure has been...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96