R/€ = 12.92
R/$ = 11.99
Au 1203.52 $/oz
Pt 1162.50 $/oz
Dec 12, 2008
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US-based engineering firm KBR has been awarded two contracts, with a combined value of about $2,7-million, by petrochemicals giant Sasol for projects in Sasolburg. The firm had been awarded an engineering, procurement and project management (EPCM) contract for...
Nov 28, 2008
Petrochemicals producer Sasol was planning to go ahead with its share repurchase programme, despite current global financial difficulties, its CEO said on Friday. “Clearly the board will take into account the current circumstances. As we have indicated, our...
Nov 26, 2008
JSE-listed specialist chemical services company Omnia’s profit for the six months ended September rose by 285% to R373-million, the company reported on Wednesday. Headline earnings increased by 99% from R319-million in the first half of 2007, to R372-million in the...
Nov 14, 2008
Organic waste generated in South Africa has the potential to generate an alternative energy source, through harvesting biogas from the fermentation of the organic fraction of municipal solid waste (OFMSW). This process could thus assist in providing heat and...
Nov 05, 2008
AltX-listed flooring and chemicals group Accentuate’s chemical subsidiary Safic Environmental Solutions will scale down its product range to focus on more niche markets. Safic MD Eric Platt said on Wednesday it needed to find a niche for the company’s chemical...
Oct 31, 2008
Diversified specialist chemical services company Omnia expects headline earnings and basic earnings to increase by between 275% and 285% for the six months ended September 30, it said on Friday. This was compared with the results for the half-year ended September 2007.
Oct 21, 2008
Diversified specialist chemical services company Omnia’s share price surged on Tuesday, after the company said that interim earnings could increase almost fourfold. Omnia stated that headline and basic earnings could increase by between 270% and 290% for the six...
Sep 25, 2008
Sep 18, 2008
Sep 05, 2008
Petrochemicals company Sasol has approved R558-million to complete basic engineering for a two-phase project to double hard wax production at its Sasol Wax operation, in Sasolburg, the company announced on Friday. Sasol added that the money would also be used to...
Aug 29, 2008
Midway Two services group was nominated as one of South Africa's Top 300 national Companies in 2008, and its industrial cleaning division Democratic Industrial Services (Democratic) was nominated as one of the top five best-managed companies in the contract-cleaning...
Aug 29, 2008
Cleaning specialist Wetrok Industro-Clean has launched two new additions to its product range over the past six months.
Aug 29, 2008
Diversified engineering company Becker Engineering's range of work apparel includes dependable personal protection equipment designed for enhanced safety during industrial cleaning procedures.
Aug 29, 2008
Industrial chemical cleaning specialist, Fine Organics Chemicals, will release a new batch of cleaning product technology from the US, into the South African market within the next three months.
Aug 29, 2008
Industrial cleaning systems specialist Proctor Industrial Cleaning Systems (Proctor Systems) has manufactured a new cleaning system used for cleaning heat exchanger tubes.
Aug 19, 2008
Manufacturing and technology company Rolfes, chaired by former national director of the National Prosecuting Authority Bulelani Ngcuka, on Tuesday said it expected headline earnings and basic earnings a share to rise by between 35% and 45% for the year to June 30....
Aug 06, 2008
The Industrial Development Corporation (IDC) has appointed Deutsche Bank and AloeCap to advise it on its upcoming initial public offering and black economic-empowerment aspects of the restructuring of Foskor. State-owned IDC, which was the majority stakeholder in...
Aug 01, 2008
One of South Africa’s largest petroleum company refineries, based on the coast of Durban, has adopted the Tancpac programme to assist with its tank management system.
Jul 29, 2008
Jul 29, 2008
Chemicals and explosives firm AECI on Monday said it expected its 2008 full-year results to be much improved compared with the 2007 financial year, if trading conditions remained buoyant. The company said that while oil prices, inflation and interest rates were...
Jul 28, 2008
Chemicals and explosives firm AECI has appointed Mark Kathan as executive director and CFO with effect from September 1, it said on Monday. Kathan, a chartered accountant, is succeeding Roger Williams, who resigned from the company, after announcing his intention to...
Jul 17, 2008
Synthetic and petroleum-derived wax producer Sasol Wax, would expand its hydro-treating capacity for paraffin waxes at its plant in Hamburg, Germany, and the company also planned to double the production capacity of synthetic wax at its Sasolburg plant in South...
Jul 15, 2008
Workers union Solidarity secured an 11,5% increase for its members in the chemicals and glass sectors, which would be effective from July, it said on Wednesday. Spokesperson Marius Croucamp said this came after “tremendously pressured” negotiations, adding that the...
Jul 10, 2008
NYSE-listed chemicals company Dow would acquire all outstanding shares of NYSE-listed specialty chemicals producer Rohm & Haas for $18,8-billion, the company announced on Thursday. The company said the acquisition would combine the two organisations' technologies,...
Jul 03, 2008
Trade union members working in the industrial chemicals sector may go on strike next week, as trade union Solidarity on Thursday rejected a final wage increase of 11% with an additional 1% increase to be implemented in January next year. Solidarity said a strike in...
Jul 01, 2008
Jun 26, 2008
Jun 20, 2008
As the Chinese economy roars ever onward, resource companies are well poised to increasingly benefit, firstly because of growing demand for their products, but the immense Asian country is also embarking on what will likely turn out to be the world's biggest ever...
Jun 20, 2008
A rising tide of consumerism was creating opportunities in Africa for New York-listed chemicals-plastics company Dow, the company’s president India Middle East Africa John Dearborn said in Johannesburg on Monday.
Jun 09, 2008
A "rising tide" of African consumerism was creating opportunities for New York-listed chemicals-plastics company Dow, the company's president India Middle East Africa John Dearborn said in Johannesburg on Monday.
Jun 09, 2008
New York-listed chemicals-plastics company Dow on Monday announced the appointment of Sazi Lutseke as the company's new Southern African MD.
May 28, 2008
South Africa-based petrochemicals company Sasol on Wednesday said that it had started commercial production at its new 60 000 t/y oleochemical-base alcohols plant in China. At the same time, the company also announced that it would idle 65 000 t of its Augusta...
May 13, 2008
Petrochemicals firm Sasol said on Tuesday that its headline earnings for the 2008 financial year could rise by as much as 60% on the back of a higher oil price and favourable exchange rate, but warned that its synfuels production was expected to be lower than its...
May 08, 2008
AltX-listed paint maker ChemSpec said that it had secured a foot in the door of the booming Chinese automotive market, thorough the first sale of its premium automotive refinish product to a customer there. Environmentally friendly Metalux 2 entering the Asian...
Apr 23, 2008
South Africa's Sasol said on Wednesday it was still unable to transport coal for export after a fire closed a main railway line on Sunday, but it had found an alternative route for its chemicals. "An alternate route for the transportation of chemicals has...
Apr 09, 2008
South African petrochemicals company Sasol will the New York stock exchange's closing bell on Wednesday, as its celebrates its five-year anniversary of listing on the New York Stock Exchange (NYSE). Sasol said in a statement that that the share price had...
Apr 07, 2008
Chemicals and explosives maker AECI has reached an agreement to sell its Sans Fibres nylon light decitex (LDI) business to a group comprising management, a workers’ trust, and the State-owned Industrial Development Corporation (IDC), which will finance the bulk...
Apr 01, 2008
Chemicals joint venture Sasol-Huntsman, located in Moers, Germany, announced on Tuesday that it planned to expand its maleic anhydride manufacturing capacity by 75% from 60-million tons to 105-million tons by the first quarter of 2011.
Mar 28, 2008