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Chemicals

Johannesburg stocks plunge most since 1997 in ‘panic’ sell-off
12th March 2020 By: Bloomberg

South Africa’s benchmark stock index plunged the most since the market crash of October 1997 as reaction to US measures aimed at curbing the spread of the coronavirus accelerated the sell-off... 


Sasol’s record plunge boosts speculation of a rights issue
10th March 2020 By: Bloomberg

Sasol’s record share plunge on Monday, coming as the oil price slumped and just days after the company credit rating was cut to junk by Moody’s Investors Service, is raising concern among investors... 


Sasol leads South African stocks to 4-year low as oil crash hits global markets
Sasol leads South African stocks to 4-year low as oil crash hits global markets
9th March 2020 By: Reuters

South African stocks plunged to a more than four-year low on Monday, joining a global sell-off in riskier assets as oil prices collapsed more than 30%, hitting chemical and energy firm Sasol the... 


Moody’s downgrades Sasol amid volatile market conditions
6th March 2020 By: Simone Liedtke

Ratings agency S&P Global Ratings has affirmed petrochemicals company Sasol’s BBB-/A-3 credit rating, but fellow ratings agency Moody’s has downgraded Sasol’s credit rating to Ba1/NP, the latter... 


Omnia announces group FD
2nd March 2020 By: Creamer Media Reporter

Chemicals group Omnia has appointed Stephan Serfontein group FD, effective March 1. Serfontein, a chartered accountant, has been with the group since January 2012 and was previously part of the... 


AECI CEO Mark Dytor
AECI’s Mining Solutions business boosts group profitability in 2019
25th February 2020 By: Marleny Arnoldi

JSE-listed chemicals manufacturer AECI reported growth in all its operating segments in the year ended December 31, and managed to achieve 10% growth in its headline earnings per share (HEPS).... 


Sasol CFO Paul Victor
Sasol pulls back on capex as it seeks to deleverage from ‘peak gearing’
24th February 2020 By: Terence Creamer

Energy and chemicals group Sasol has indicated that its capital expenditure (capex) will continue to taper during its 2020 and 2021 financial years as the group seeks to deleverage a balance sheet... 


Sasol holds back on dividend as it reports big H1 earnings slump
Sasol holds back on dividend as it reports big H1 earnings slump
24th February 2020 By: Terence Creamer

Energy and chemicals group Sasol reported a 72% slump in earnings to R4.5-billion in the six months to December 31, 2019, compared with the prior period. Headline earnings a share, meanwhile,... 


SNEAKY LEAKS
Refrigeration systems charged with odourless CO2 need to be monitored with sensors to ensure leaks do not compromise air quality in enclosed spaces
Skills shortage plagues natural refrigerant sector
14th February 2020 By: Darren Parker

One of the most pertinent issues facing the local heating, ventilation, air-conditioning and refrigeration (HVAC-R) industry is the lack of specialised skills needed for the systematic adoption of... 


Demand surging for 100% waterless car cleaning product
14th February 2020 By: Tracy Hancock

Developed by automotive enthusiasts in response to Africa’s water crisis, demand for Premier Wash & Wax is growing monthly as more people become conscious of the need to conserve water and fall in... 


TIME TO SCRAP THIS PRACTICE
Disposed cylinders create about 3 150 m3 scrap metal and can explode if not thoroughly evacuated
Renewed call to ban disposable cylinders
14th February 2020 By: Darren Parker

Despite various heating, ventilation, air-conditioning and refrigeration (HVAC-R) industry participants contesting the banning of disposable gas cylinders in South Africa for years, there is no... 


IT’S A GAS
The Rapid Recovery service is up to ten times faster than traditional refrigerant recovery methods
Refrigerant recovery service set for expansion
14th February 2020 By: Darren Parker

Speciality chemicals supplier A-Gas South Africa is planning to expand its rapid recovery refrigerant service nationally this year. This follows the appointment of A-Gas business development... 


NO PLACE TO HIDE
The devices allows operators to easily monitor carbon dioxide levels
Devices assist to combat sick building syndrome
7th February 2020

Monitoring devices that are able to detect high levels of carbon dioxide (CO2)  have been introduced to the local market to help detect poor air quality that can lead to sick building syndrome.... 


More bad news for Sasol's giant Lake Charles Chemical Plant
31st January 2020 By: Bloomberg

The bad news from Sasol’s chemical project in Louisiana keeps stacking up. South Africa’s biggest fuel and chemicals producer said the Lake Charles Chemicals Project will make a smaller... 


ETO unit at Sasol’s Lake Charles project achieves beneficial operation
30th January 2020 By: Simone Liedtke

The ethoxylates (ETO) unit at petrochemicals company Sasol’s Lake Charles chemical project, in the US, has achieved beneficial operation. The ETO unit is the fourth of seven units at Lake Charles... 


Sasol to list on A2X
27th January 2020 By: Tasneem Bulbulia

South African energy and chemicals group Sasol has been approved for a secondary listing on South African stock exchange, A2X Markets, on February 3. The company retains its listings on the JSE and... 


Sasol to finalise scope of LCCP unit's repairs in Feb
24th January 2020 By: Tasneem Bulbulia

Integrated energy and chemicals company Sasol expects to finalise the scope of, and time needed for, repairs to the low-density polyethylene (LDPE) unit, at its Lake Charles Chemicals Project... 


Unit at Sasol’s Lake Charles plant remains shut after fire
21st January 2020 By: Bloomberg

Sasol is still assessing the damage from an explosion and fire at its Lake Charles plant in Louisiana a week after the incident. The explosion at the low-density polyethylene unit at Lake Charles... 


SQUEAKY CLEAN 
 
Preoperational cleaning of boilers before commissioning require a 1% hydrofluoric acid solution to remove most mill scale and fabrication defects
Demand increasing for boiler cleaning
17th January 2020 By: Cameron Mackay

There has been a signifiscant increase in demand for industrial and chemical cleaning solutions provider Gra-Tech’s chemical cleaning of package boilers, as industries in which package boilers are... 


FIRST-OF-ITS-KIND
The construction of the atmospheric water geberating plant began in 2018 with a team of committed engineers and local small, medium-sized and microenterprises
Company launches unique water plant, empowers community
17th January 2020 By: Mamaili Mamaila

Mineral water company Aqua Air Africa (AAA) officially launched Africa’s first atmospheric water-generating plant at the Ga-Rankuwa industrial site, in Gauteng, in November. 


BOILER EFFICIENCY FOCUS

Hlophe notes an increase in customers using coal-fired boilers that require automation to assist in monitoring and realising boiler efficiency, at a reasonable cost
Company to offer carbon tax consulting
17th January 2020 By: Cameron Mackay

Boiler and burner solutions provider Steam Generation is set to introduce Carbon Tax consulting services for its customers to add to its boiler financing services. This comes after the Carbon Tax... 


Fire, explosion latest setback for Sasol’s LCCP
14th January 2020 By: Tasneem Bulbulia

Integrated chemicals and energy company Sasol on Tuesday confirmed that there had been an explosion and fire at the low-density polyethylene (LDPE) unit at its Lake Charles Chemicals Project... 


Global chemical supply, demand threatened by Middle East escalation, says ICIS
10th January 2020 By: Tasneem Bulbulia

Military action leading to the closure of the Strait of Hormuz between Iran and Saudi Arabia could seriously disrupt global trade in chemicals and oil products, with a knock-on effect for the... 


The Lake Charles chemicals project, in the US.
Sasol says issues at Lake Charles ethane cracker unit resolved
17th December 2019 By: Mariaan Webb

JSE- and NYSE-listed Sasol said on Tuesday it had resolved the issues with the acetylene removal system of the ethane cracker at the Lake Charles chemicals project (LCCP) in the US, and that... 


Regional deals to drive merger activity in chemicals sector globally – AT Kearney
13th December 2019 By: Marleny Arnoldi

Most chemical industry executives believe global chemicals merger and acquisition (M&A) activity will continue to increase or stay at high levels, as a global trend of coping with challenging... 


GROWING NUMBERS
The Eldana populations have increased over the years in the Midlands, where growers prefer integrated pest management strategies that rely on spraying as a last resort
Eldana challenge continues, bat study under way
6th December 2019 By: Tracy Hancock

Eldana remains one of the sugar industry’s major challenges, says South African Sugarcane Research Institute (SASRI) biosecurity manager Rowan Stranack. The African sugarcane borer is commonly... 


Statistician-general Risenga Maluleke
Urgent calls for reform as South Africa’s GDP contracts 0.6% in third quarter
3rd December 2019 By: Simone Liedtke

South Africa’s gross domestic product contracted by 0.6% in the third quarter. However, on a year-on-year basis, the economy grew by 0.1%, Statistics South Africa statistician-general Risenga... 


Sasol scores ‘own goal’ as climate pressure mounts in South Africa
29th November 2019 By: Bloomberg

Sasol, South Africa’s second-biggest polluter, angered some of its investors by refusing to put a resolution on its response to climate change to shareholders and could face legal challenges if it... 


AGAIN AND AGAIN
Nampak has undertaken to recycle and reuse plastics in their plight to produce sustainable packaging
Waste management, recycling needed for sustainability
29th November 2019

Waste management and recycling practices play an important role in South Africa’s sustainability drive. With the conservation of resources being the responsibility of all governments, South Africa... 


BACK TO GREEN
The EcoCircle center of excellence brings with it support of the reduce, reuse and recycle concept
Company launches first plastics research centre
29th November 2019 By: Halima Frost

Specialist chemicals company Clariant last month announced the inception of its EcoCircle centre of excellence, based on its plan to offer significant support to reduce, reuse and recycle. The... 


GOOD GAS
The Xiria switchgear system does not use harmful sulphur hexafluoride gases
Innovation key in reducing sector impact on environment
29th November 2019

The energy and electrical sectors should be at the forefront of innovation to reduce its impact on the environment, says diversified power management company Eaton South Africa’s Energy Saver... 


PURI-FECT
The Flowrox Corona uses cold plasma technology to purify wastewater before being reintroduced into the environment
Water-treatment technology launched in Amsterdam
29th November 2019 By: Halima Frost

Earlier this month, flow control, filtration and environmental technology supplier Flowrox launched its Flowrox Corona non-thermal plasma water-treatment technology at the Aquatech expo, in the... 


Sasol pledges climate action
27th November 2019 By: Bloomberg

Sasol, South Africa’s second-biggest producer of greenhouse gases after State-owned Eskom Holdings, pledged more clarity on plans to reduce its impact on the environment. The company, which... 


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