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Jul 01, 2010

Real Economy Report

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Real Economy Report 114
 
 
 
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From Creamer Media in Johannesburg, this is the Real Economy Report. Our top stories this week:
ArcelorMittal South Africa commits itself to cleaning up its operations;
The laser celebrates its 50th anniversary this year;
And, Steinmuller engineering services demonstrates its explosive welding technology.

Shannon de Ryhove:
In recognising how negative steelmaking can be for the environment, ArcelorMittal South Africa has committed itself to improving the impact its operations are having on the environment. Chanel de Bruyn has more.

Chanel de Bruyn:
It is important to acknowledge the sins of the past, says ArcelorMittal SA CEO Nonkululeko Nyembezi-Heita, noting that the company has a long legacy to overcome in terms of improving the environmental impact of its operations.

She emphasises that while the company has no desire to pollute, this is an unavoidable consequence of the steelmaking process.

ArcelorMittal SA CEO Nonkululeko Nyembezi-Heita

Chanel de Bruyn:
ArcelorMittal SA has committed more than R1-billion to upgrade its facilities to ensure that it minimises its impact on the environment.

Nonkululeko Nyembezi-Heita

Shannon de Ryhove:
This year, the laser celebrates its 50th anniversary. Creamer media visits the national laser centre at the CSIR, and looks at this technology, which has moved from the realm of science fiction to significantly impact our everyday lives, in a relatively short time.

CSIR National Laser Centre chief researcher Prof Andrew Forbes

Shannon de Ryhove:
Steinmuller engineering services recently demonstrated its explosive welding technology that will be used at State-owned power supplier Eskom's power plants. Mary-Anne O'Donnell was at the demonstration.

Mary-Anne O'Donnell:
Explosive welding technology will be used for the replacement and repair of Eskom's high-pressure heater feed water heaters. The technology uses explosives in a controlled environment to join the two surfaces that are being welded together and is more cost effective than conventional welding.

Steinmuller business development consultant Jack Minto explains.

Steinmuller business development consultant Jack Minto

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

In our cover story, we ask whether the host cities will be ready to sweat their new sporting assets when the sun sets on the 2010 Soccer World Cup.

South Africa's long established solar water heater manufacturer, Solar Beam, unveils a 2,5-million-rand manufacturing expansion.

And, the wind measurement masts for the South African Wind Energy Project will be erected and start gathering data by July.

And in Mining Weekly this week:

In this week's cover story, we highlight the issue of Zimbabwe dividing the Kimberley Process member countries.

JSE-listed coal miner Exxaro expects to "wheel" power to customers from four independent power producer coal-fired power stations at its proposed Greenfield Thabametsi coal mine.

And, we report that Australia's new Prime Minister is ‘throwing the door open' to miners on the tax regime.

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: Shannon de Ryhove
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