http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.53Change: 0.03
R/$ = 12.26Change: -0.01
Au 1168.21 $/ozChange: -3.55
Pt 1083.00 $/ozChange: -5.50
 
 
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  
 
 
Sep 11, 2008

Real Economy Report

Back
 
 
 
 
 
 
Construction|Engineering|Africa|Aviation|Botswana|Building|CoAL|Design|Export|Gas|Mining|Petrochemicals|Petroleum|Projects|Africa|Energy|Petrochemicals|Environmental|Iron Ore|Iron-ore|Power
Construction|Engineering|Africa|Aviation|Botswana|Building|CoAL|Design|Export|Gas|Mining|Petrochemicals|Petroleum|Projects|Africa|Energy|Petrochemicals|Environmental|Iron Ore|Iron-ore|Power
construction|engineering|africa-company|aviation|botswana|building|coal|design|export|gas|mining|petrochemicals-company|petroleum|projects|africa|energy|petrochemicals|environmental|iron-ore|iron-ore-person|power
© Reuse this



From Creamer Media in Johannesburg, this is the Real Economy Report. Our top stories this week: Sasol's Pat Davies speaks to us about the group's upstream gas ambitions, WBHO's CEO discusses the construction industry's margins and, African Rainbow Minerals CEO talks on ferrous metals and coal expansions.

Shannon O'Donnell:
Energy group Sasol is keen to get its hands on more natural gas to fully exploit its gas-to-liquids technology. Terence Creamer reports.

Terence Creamer:
Securing access to new gas reserves is a significant strategic thrust for petrochemicals group Sasol. The JSE-listed company is already actively pursuing opportunities in Australia, Mozambique and Papua New Guinea and views further access to natural gas as vital to building integrated gas-to-liquids, or GTL, projects across the world. Sasol CEO Pat Davies.
Sasol CEO Pat Davies

Terence Creamer:
Davies insists, too, that most of the teething problems at the $1-billion-plus Oryx joint venture with Qatar Petroleum are now in hand, despite the fact that the plant has still not reached its design capacity of 34 000 bbl/d.

This greater confidence can also be seen in the intent it is showing upstream, where, if can't find the gas, it's prepared to buy it.

Pat Davies


Terence Creamer:
The globalisation of Sasol's coveted coal-to-liquids technology is also advancing, with movement in both China and India. And, Davies is particularly enthused about recent progress in China.

Pat Davies

Terence Creamer:
The company now plans to spend about $140million on a feasibility study, and hopes to make a final investment decision once that is completed during the course of 2009.

Shannon O'Donnell:
We'll be back after this short commercial break.

Mitsubishi Fuso advert

Shannon O'Donnell:
South Africa's construction boom has seen the industry become increasingly profitable - but exactly how long can the good times last? Irma Venter finds out.

Irma Venter:
Construction is certainly a much more lucrative business than three of fours years ago. Along with its peers, JSE-listed construction company WBHO, is cashing in on the current boom, with the company's operating margin at 8,3%, up from 5,1% only a year ago. However, warns CEO Louwtjie Nel, producing more of the same in the current financial year will become increasingly difficult.

WBHO CEO Louwtjie Nel

Irma Venter:
The construction boom has brought some pain of its own, adds Nel.

Louwtjie Nel

Shannon O'Donnell:
South Africa's black-controlled African Rainbow Minerals is flying high with record earnings. Mining Weekly editor Martin Creamer spoke to ARM CEO André Wilkens about the company's future prospects.

Martin Creamer:
Manganese is earning ARM a fortune. What's driving its 65% margin of profit?

ARM CEO Andre Wilkens

Martin Creamer:
And what of future iron-ore volumes?

Andre Wilkens

Martin Creamer:
ARM is also looking to a good energy-coal future.

Andre Wilkens

Shannon O'Donnell:
And now for a sneak preview of this week's Engineering News magazine:

With Africa emerging as a key market, brewer Heineken and its partners are preparing to enter the belly of the beast in South Africa

We report that a private aviation group is working on its own attack-helicopter design

And, read about Gary Player and Ian Player's plans to set a new environmental benchmark with their Waterberg golf estate

And in Mining Weekly this week:

We report that the Pallinghurst mining group has come home in a blaze of coloured-gemstone glory

An announcement from Botswana's minerals Minister that the country is negotiating for far earlier, accelerated power

And, we report on Exxaro's Inyanda mine being the key to the group's coal-export aspirations

Shannon O'Donnell:
That's Creamer Media's Real Economy Report. Join us again next week for more news and insight into South Africa's real economy.

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Real Economy Report
More
 
 
Latest News
Speciality chemicals group Lanxess on Wednesday appointed its South African CFO Ben Marais as country representative and MD. Marais, a qualified South African chartered accountant, completed his articles with international accounting firm Deloitte. Over the years, he...
Economic Development Minister Ebrahim Patel
Some four years after the signing of the Local Procurement Accord, which sketches government’s intention to achieve a 75% localisation spend in the procurement of goods and services, Economic Development Minister Ebrahim Patel has described government’s greatest...
National carrier South African Airways (SAA) and Air Mauritius have concluded an agreement that will see a broadening of their codeshare agreement to enhance greater connectivity between the continent, South Africa, Mauritius and other intercontinental routes. “The...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
JSE-listed Afrimat will make a cash offer to acquire the entire remaining issued share capital of subsidiary Infrasors that it does not already own.
TEAMWORK Aggreko Europe, Middle East & Africa MD David Taylor-Smith; Aggreko Zambia chairperson Dr. Sixtus Mulenga; Aggreko Africa MD James Shepherd
Temporary power generation services provider Aggreko announced earlier this month that it had appointed Dr Sixtus Mulenga as nonexecutive chairperson of Aggreko Zambia, a move it believed was integral to the ongoing expansion of its operations in Zambia and the rest...
Major global aircraft manufacturer Airbus Commercial Aircraft is maintaining a steady course. "I don't have any big news, good or bad," company President and CEO Fabrice Brégier told international aviation journalists in Toulouse, France, at the company’s recent...
MEASURING DEVICES Bosch has released a mobile app that enables the measurements made with measuring devices to be sent and used directly on the app for accuracy and on-site quoting
Industrial tool manufacturer Bosch has increased the compatibility of many batteries in its range of blue industrial power tools and has released mobile-device applications (apps) for users of the tools, says Bosch South Africa training manager Peter du Bruyn. Many...
The new Nissan Navara has been launched onto the global market, but Nissan South Africa (NSA) will only know in August whether the local Rosslyn plant will assemble the one-ton pickup. The NSA plant currently produces the old NP300 Hardbody one-ton bakkie, as well as...
 
 
 
 
 
 
 
 
 
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