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Cipla biotech manufacturing facility project, South Africa

By: Sheila Barradas     14th October 2016 The project involves the construction of the country’s first state-of-the-art biotech manufacturing facility for the production of biosimilars. 

First phase of Fourways Mall renovation on track for mid-November completion

By: Dylan Slater     14th October 2016 The Fourways Mall, situated in the northern suburbs of Johannesburg, is on target to complete Phase 1 of its renovation plan, which is due to be completed by mid-November.  

Glencore jumps to 15-month high as coal prices extend surge

By: Bloomberg     13th October 2016 Glencore jumped to a 15-month high in London as coal prices rose and a Japanese steelmaker was said to agree to pay the most for coking coal in four years. Glencore advanced 6.4% to close at 236.2p, the highest since July 21, 2015. The shares rose the most in the FTSE 100 Index. Prices have more... 

PennEngineering® Successfully Completes Acquisition of Heyco® Products Inc.

     10th October 2016 PennEngineering® (Danboro, PA, USA) announced today that it has successfully completed the previously announced acquisition of Heyco® Products Inc. (Toms River, NJ, USA). Terms were undisclosed and no changes are anticipated regarding Heyco’s operations, facilities, and employees.  Heyco Products... 

APLNG's second train ships cargo

By: Esmarie Swanepoel     10th October 2016 The second 4.5-million-tonne-a-year train at the Australia Pacific liquefied natural gas (APLNG) project has delivered its first LNG cargo. ASX-listed Origin Energy reported on Monday that production of the first LNG cargo from the second train on Curtis Island represented a defining moment in... 

Production of Ahrlac aircraft set to begin in early 2017

By: Dylan Slater     7th October 2016 The South African-designed, -developed and -built Advanced, High-perform- ance, Reconnaissance, Light Aircraft (Ahrlac) is due to enter line production in early 2017, with the construction of a purpose-built factory at Wonderboom Airport, north of Pretoria. The Ahrlac platform comes in five... 

Pitot reflects on auto landscape as he departs Naacam

By: Irma Venter     7th October 2016   A local automotive industry with five vehicle manufacturers producing 150 000 units each a year might be better than seven to eight manufacturers producing between 50 000 and 100 000 vehicles each a year, says former National Association of Automotive Component and Allied Manufacturers (Naacam)... 

Production of Ahrlac aircraft set to begin in early 2017

By: Dylan Slater     7th October 2016 The South African-designed, -developed and -built Advanced, High-performance, Reconnaissance, Light Aircraft (Ahrlac) is due to enter line production in early 2017, with the construction of a purpose-built factory at Wonderboom Airport, north of Pretoria.  

Electra Mining Africa: the best of cutting edge technology

     4th October 2016 Technology, a key driver in engineering and mining innovation, is being driven by the commodity downturn. This year’s Electra Mining Africa saw a host of these innovative technologies being showcased, demonstrating the local engineering and mining industry’s world class status in terms of... 

Television star joins Vitol in stake in biggest African coal port

By: Bloomberg     30th September 2016 A South African coal entrepreneur who produced and starred in a reality TV show set in Cape Town has partnered with one of the world’s biggest commodity traders to buy a stake in the continent’s largest terminal for the fuel. Through Burgh Group Holdings, 38-year-old Quinton van der Burgh joined... 

BMW to expand Rosslyn high-tech centres amid strong digitalisation push

By: Irma Venter     30th September 2016 BMW Group South Africa (SA) aims to expand its IT Operations Centre, at the company’s Rosslyn plant, as well as its SAP Shared Services Centre (SSC), in Pretoria East, to employ a combined total of more than 600 people by 2017. The SAP SSC currently employs 200 specialists, with a target of 320... 

South African container trade flows declined in H1

By: Irma Venter     30th September 2016 Container trade flow in and out of South Africa for the first half of 2016 has shown a year-on-year decline of 7%. Maersk Line Southern Africa MD Jonathan Horn attributes the decline to reduced consumer spending and weak global demand for mining commodities. 

SCHURTER awards RS Components for outstanding sales performance

     29th September 2016 RS achieves notable results in the sales of SCHURTER’s portfolio of electric and electronic components RS Components, the trading brand of Electrocomponents plc , the global distributor for engineers, has received an award for outstanding performance from SCHURTER Electronic Components, a leading... 

WINDSOR brings an innovative FCS injection moulding machine to Europe

     29th September 2016 After successful introduction of all-electric injection moulding machines from JSW (Japan Steel Works Ltd) in Germany in 2007 and continuous market penetration in the past nine years, WINDSOR Kunststofftechnologie GmbH in Hanau now makes a further step. As a renowned system supplier, it is now... 

Canada approves Pacific NorthWest LNG project, but investment decision 'far from certain'

By: Henry Lazenby     28th September 2016 The Canadian federal government has approved the C$11-billion Pacific NorthWest liquefied natural gas (LNG) project, a proposed LNG facility and marine terminal near Prince Rupert, on British Columbia's North Coast. Majority owned by Malaysia-based Petronas, the project approval is the result of... 

Competition Commission raids cargo shipping companies

     28th September 2016 The Competition Commission on Wednesday conducted a search and seizure operation at the premises of six cargo shipping companies in the Western Cape and KwaZulu-Natal.   The commission said it suspects that Hamburg Sud South Africa, Maersk South Africa, Safmarine, Mediterranean Shipping Company,... 

Petronas' Canadian gas project approved by Trudeau government

By: Bloomberg     28th September 2016 Canadian Prime Minister Justin Trudeau’s government has approved Petroliam Nasional’s C$36-billion ($27-billion) Pacific NorthWest liquefied natural gas project on British Columbia’s Pacific coast. Environment Minister Catherine McKenna, Natural Resources Minister Jim Carr and Fisheries Minister... 

Greater investment needed in inner city development

By: Anine Kilian     27th September 2016 Inner cities are important nodes for local economic development and investing in them is necessary for future growth, inner city property financier TUHF CEO Paul Jackson said at the Rode-REIM Property Conference in Johannesburg on Tuesday. He noted that urban living was often associated with... 

South Africa to export pigeon peas, pork, mango to India

By: SANews, SA government news service     27th September 2016 As part of ongoing efforts by member States to improve intra-Brics trade, South Africa has been granted an opportunity to export pigeon peas also known as cajanus cajan, pork, mango and persimmons to India. India for its part has expressed an interest to import pickled sheep skins from South... 

Sometimes less is more, says Pitot as he departs Naacam

By: Irma Venter     27th September 2016 A local automotive industry with five vehicle manufacturers producing 150 000 units each a year might be better than seven to eight manufacturers producing between 50 000 and 100 000 vehicles each a year, says former National Association of Automotive Component and Allied Manufacturers (Naacam)... 

CEO of FEDHASA says The Hotel Show 2017 is a boost to the continent’s tourism and hospitality sector

     27th September 2016 The organisers of The Hotel Show, one of the world’s most successful exhibitions, today announced a strategic partnership with Federated Hospitality Association of Southern Africa (FEDHASA) for its Africa launch. The Hotel Show Africa 2017 takes place in Johannesburg from June 25 to 27 organised... 

Lahmeyer International at WindEnergy Hamburg 2016 in Hall B4 at Stand EG.301

     26th September 2016 From September 27 to 30, 2016, on- and offshore specialists will come together in Hamburg at the WindEnergy Trade Fair. Lahmeyer International, together with its parent company Tractebel, will present its range of services in the field of wind energy. The engineers support wind energy projects... 

ACSA starts with new strategy while reporting good results

By: Keith Campbell     23rd September 2016 Airports Company South Africa (ACSA) has started to implement elements of its new operational strategy, says chairperson Skhumbuzo Macozoma. "It's very important to have sound corporate governance in a company like ACSA," he said at a briefing on Friday. "I'm happy to announce we've finalised a... 

Auto industry, unions conclude wage deal to 2019

By: Irma Venter     23rd September 2016 South Africa’s automotive manufacturing sector and the National Union of Metalworkers of South Africa (Numsa) have concluded their negotiations in Port Elizabeth for a new three-year wage agreement. The agreement will be in force until 2019. 

China leads aluminium production

By: Sebastian Whyle     23rd September 2016 China is currently the biggest producer and consumer of aluminium in the world and has expanded its aluminium industry considerably over the past 11 years, says metals trading company Metal and Tool Trade (MTT) board chairperson Volker Schütte.  

Market research shows growth in lift and escalator industries

     23rd September 2016 The global lift and escalator market was valued at $86-billion in 2012 and is expected to grow steadily from 2016 to 2020 spurred by robust demand from Asia, according to a report released last month by market research company Research and Markets. 

Pharmaceuticals giant to launch SA’s first biotech manufacturing facility

     23rd September 2016 Global pharmaceutical company Cipla announced in July that its proposed biotech subsidiary, Cipla BioTec South Africa (CBSA) will invest just over R1.3-billion into the country's first biotech manufacturing facility, used for the production of biosimilars, and located in KwaZulu-Natal. Cipla’s... 

Oceanwide Logistics Opens In South Africa – Expanding Company’s Growing Global Network

     22nd September 2016 Comprehensive Sea/Air/Land Freight and Logistics Solutions Offered Across South Africa from Durban Headquarters OL International Holdings LLC (OL International) today announced the launch of Oceanwide Logistics SA (Pty) Ltd (OL South Africa) with the opening of its newest office in Umhlanga,... 

Emerging economies to drive global speciality chemicals growth

By: Anine Kilian     21st September 2016 The consumption of speciality chemicals globally is expected to increase by 5% between 2015 and 2019, driven primarily by emerging markets, says Frost & Sullivan Chemicals Materials and Food Industry analyst Constance Nyambayo. Countries that have traditionally been at the forefront of the... 

FA 07 Refineries are quite sophisticated

     20th September 2016 Valve makers are increasingly targeting refineries outside of Europe. Energy efficiency is decisive for the competitiveness of refinery operators and their valve suppliers. Refineries always are in operation, and simply cannot be replaced. Traffic can only flow with their products, namely petrol... 

New Hope widens loss in FY16

By: Esmarie Swanepoel     20th September 2016 Coal miner New Hope Group has deepened its net loss after tax for the 2016 financial year from A$21.8-million in 2015, to A$53.7-million. The miner reported on Tuesday that earnings before interest, tax, depreciation and amortisation (Ebitda) decreased by 38.8% to A$81.3-million in the... 

MCA defends Australia’s coal industry as TAI calls for moratorium

By: Esmarie Swanepoel     19th September 2016 The Minerals Council of Australia (MCA) has labelled analysis by The Australia Institute (TAI), which claims that the economic impacts of a moratorium on new coal mines and expansions will be “small”, as “nonsense”. Responding to a TAI report on a coal moratorium to allow for a “gradual phase... 

Wacker Neuson Group confident for 2016 – despite a difficult start to the year

     16th September 2016 During the first quarter of 2016, international light and compact equipment manufacturer Wacker Neuson continued to feel the impact of difficult conditions across many of its markets, in particular in the Americas region. Although the Group managed to maintain revenue at almost the same level as... 

US mining industry in flux as policy, economic and enviro challenges force change

By: Henry Lazenby     16th September 2016 The outcome of the November 2016 US Presidential election will not reverse the decline in the US mining industry’s value, as the beleaguered coal industry continues to face market headwinds. Rather, the results will determine the trajectory of environmental regulations and, therefore, raise or... 

Millennials spent more than $25bn on diamond jewellery in 2015 – report

By: Anine Kilian     15th September 2016 Millennials spent more than $25-billion on diamond jewellery in the four largest consumer markets in 2015, according to the 'Diamond Insight Report 2016' published by De Beers Group. Despite millennials facing more financial challenges than their parents’ generation, they already account for... 

PEM® Type MSO4™ microPEM® Self-Clinching Standoff Fasteners

     15th September 2016 PEM® Type MSO4™ microPEM® self-clinching standoff fasteners from PennEngineering® enable components to be mounted and/or spaced in compact electronic assemblies, especially suiting applications where space may be extremely limited for attachment hardware.  These stainless steel fasteners install... 

Container trade declined by 7% in the first half of 2016 – Maersk

By: Irma Venter     15th September 2016 Container trade flow in and out of South Africa for the first half of 2016 has shown a year-on-year decline of 7%. Maersk Line Southern Africa MD Jonathan Horn attributes the decline to reduced consumer spending and weak global demand for mining commodities. 

Trudeau said to plan pipeline approval, favour Kinder Morgan

By: Bloomberg     14th September 2016 Canadian Prime Minister Justin Trudeau plans to approve at least one new oil pipeline project in his first term, with Kinder Morgan’s Trans Mountain expansion to the Pacific Coast the most likely candidate, people familiar with his plans said. The prime minister is seeking to strengthen... 

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