http://www.engineeringnews.co.za
R/€ = 15.23 Change: -0.06
R/$ = 13.03 Change: 0.01
Au 1261.62 $/oz Change: 13.39
Pt 925.50 $/oz Change: 5.00
 

Press Office - Metric Automotive Engineering - Reef Fuel

Metric Automotive Engineering - Reef Fuel

Reef Fuel Injection Services is a leading diesel service centre and is an authorised service agent to all five leading diesel fuel injection systems – Bosch, Caterpillar, Delphi, Denso and Stanadyne.

Topic

Glencore’s half-year showing prompts analyst gusto

By: Martin Creamer     27th July 2017 Thursday’s half-year production report from diversified mining and marketing company Glencore, which is seen as offering particular leverage to copper and zinc’s currently attractive fundamentals, elicited favourable analyst comment. “Glencore remains our sector top pick,” Barclays Equity... 

Metair achieves H1 earnings surge

By: Creamer Media Reporter      26th July 2017 Metair Investments expects to report a surge in earnings for the first half of this year as the performance from its automotive components business improves. This was offset slightly by the less favourable results for its energy storage business owing to the currency weakness of foreign reported... 

Norsk Hydro rides aluminium price, divisions underperform

By: Reuters     25th July 2017 Overall profit growth at Norsk Hydro was overshadowed on Tuesday by below-forecast performances from several businesses including rolled products, knocking the aluminium producer's shares. Norsk Hydro's stock was down 3.04% at 12:01 GMT, lagging an Oslo benchmark index, and CEO Svein Richard... 

SKF hub bearing unit seal halves friction for optimum vehicle efficiency

     25th July 2017 The ground-breaking product combines the lowest levels of friction ever achieved in an SKF hub bearing unit seal with exceptional sealing performance for long and efficient bearing service life. SKF has introduced a newly developed inboard seal for hub bearing units that leads to a 50 per cent... 

Fuel cell vehicle sales boosting platinum demand outlook  

By: Martin Creamer     24th July 2017 Growth potential for platinum is emerging in the rapid build-up off a low base of fuel cell electric vehicle sales. Fuel cell vehicle sales are expected to grow by more than 200% this year, with Japan targeting 200 000 fuel cell electric vehicles on its roads in 2025 and 800 000 in 2030. 

Chains and sprockets for bulk materials handling, cement applications

     24th July 2017 Engineered and standard chains, sprockets, and ancillary products such as outboard rollers, scrapers, and carrier pans used in conjunction with chains from leading manufacturer KÖBO are distributed exclusively by leading supplier Bearings International (BI). Target industries are bulk materials... 

BMW, VW and Daimler shares skid on EU probe of German carmakers

By: Reuters     24th July 2017 German auto stocks took a hit in early Monday trading, weighed down by uncertainty over possible antitrust fines after European regulators said they were investigating allegations that carmakers were operating a cartel. Shares in Volkswagen were down 3.3%, with premium rivals Daimler and BMW down... 

New dimensions with tolerance and quality improvements for sections

     24th July 2017 Hyundai Steel Company orders new horizontal straightener for medium section mill from SMS group Hyundai Steel Company, Seoul, Korea, has placed an order with SMS group www.sms-group.com for the supply of a straightening machine for the medium section mill at its Incheon site. 

Exhibition facilitates industrial growth in KZN

By: Robyn Wilkinson     21st July 2017 This year’s KwaZulu-Natal Industrial Technology Exhibition (Kite) will provide businesses in the province with an ideal access route to the key resources required to ramp up their operations in line with government’s extensive and ongoing investment in new manufacturing endeavours. 

New model for estimating risk proves effective in case studies

     21st July 2017 Massachusetts-based business school MIT Sloan School of Management have presented new research about a new model that estimates risks and extends gate review analysis beyond “go” and “no go” options. “Today, most technical development projects go through a phase-gate process, with each gate... 

Partnership to industrialise Hayden Cobra kit car production

By: Irma Venter     21st July 2017 Automotive Investment Holdings (AIH) has partnered with Les Hayden to industrialise Hayden Cobra kit car production in South Africa. Hayden started Cobra replica sports car production in South Africa in the 1980s with the Shamrock Cobra. He produced around 500 kits for the local and export markets. 

Schäfer appointed African Association of Automotive Manufacturers chair

By: Irma Venter     21st July 2017 Volkswagen Group South Africa (VWSA) chairperson and MD Thomas Schäfer has been appointed as chairperson of the African Association of Automotive Manufacturers (AAAM). Former AAAM chairperson and Ford Motor Company of Southern Africa president and CEO Jeff Nemeth returned to the US on June 8,... 

A million self-driving vehicles on the road by 2030, says Frost & Sullivan

By: Irma Venter     17th July 2017 Autonomous vehicles will become a reality by 2030, says Frost & Sullivan head of mobility for Africa Craig Parker. This does not, however, mean that every car sold will be an autonomous vehicle, he adds, but rather that there will be around one-million level 5 self-driving vehicles on the road... 

Despite electric-car future, SA must pursue clean fuel agenda, says VWSA MD

By: Irma Venter     14th July 2017 Research published by Bloomberg New Energy Finance (BNEF) this month shows that electric vehicles (EVs) may account for 54% of all new light-duty vehicle sales globally by 2040. However, it is unlikely that South Africa will follow this trend to the same degree. 

Carling–Saint-Avold petrochemical complex revamp project, France

By: Sheila Barradas     14th July 2017 The complex’s existing facilities have been upgraded and new, higher-value-added units have been built to improve the site’s competitiveness. 

Hudaco remains cash generative in tough economic environment 

By: Mia Breytenbach     14th July 2017 Despite a difficult economic and trading environment, JSE-listed industrial products provider Hudaco remains cash-generative, with operations having generated net cash of R247-million for the six months to May 31. Hudaco CEO Graham Dunford emphasised that the results were reported during a... 

Lapp Group

By: Zandile Mavuso     14th July 2017 Established in Germany in the 1950’s and in South Africa in 1994, Lapp Group South Africa's headquarters is located in Modderfontein, Gauteng.  

Metair buys into Germany battery manufacturer

By: Irma Venter     14th July 2017 The JSE-listed Metair group has acquired a 25.1% shareholding in Germany-based battery manufacturer and supplier, Akkumulatorenfabrik Moll (Moll), at a cash price of €7.425-million (R111.4-million). Metair is a global manufacturer, distributor and retailer of energy storage solutions and... 

New SKF grease cuts false brinelling damage in half

     13th July 2017 The innovative anti-false brinelling grease for hub bearing units from SKF reduces friction and wear significantly, while improving bearing performance.  SKF launched new grease that has been proven to reduce the damage caused by false brinelling in hub bearing units by more than 50 per cent when... 

Atlas Copco product and training sponsorship empowers informal mechanics

     13th July 2017 Atlas Copco South Africa (Pty) Ltd has for the past five years been a proud supporter of the Filpro enterprise development programme, an inspirational initiative that empowers and upskills informal mechanics to become active participants in the country’s formal mainstream economy. Social... 

African Association of Automotive Manufacturers names Thomas Schaefer as new chairman

By: African News Agency      10th July 2017 The African Association of Automotive Manufacturers (AAAM) on Monday, announced Thomas Schaefer as its new chairperson. Schaefer was elected at a general meeting of AAAM members held at the end of June. 

Automotive investment projects, South Africa

By: Sheila Barradas     7th July 2017 Volkswagen has unveiled the new, sixth-generation Polo that will be produced in South Africa, among other global production locations. 

Now Audi SA stops reporting detailed new-vehicle sales numbers

By: Irma Venter     7th July 2017 New CEO at Audi South Africa (Audi SA), Trevor Hill, says the German premium brand will, by the end of July, stop providing detailed new-vehicle sales numbers to the Department of Trade and Industry (DTI). This announcement follows in the footsteps of Mercedes Benz South Africa (MBSA) and BMW... 

Steel remains invaluable commodity, despite decline

By: Nica Schreuder     7th July 2017 Despite the decrease in demand in the local steel industry, the industry remains invaluable to South Africa’s economy, says local provider of high-quality global electrical, automation, mechanical, consumable and capital equipment products, Elquip Solutions MD Mike Cronin. He explains that steel... 

VWSA aims to use empowerment trust to transform supplier base

By: Irma Venter     7th July 2017 Volkswagen Group South Africa (VWSA) last month officially launched its broad-based black economic empowerment (B-BBEE) Initiatives Trust. The aim of the trust is to increase the number of black-owned suppliers in the automotive sector value chain.  

GIL Africa: How are companies using digital tech to gain the ultimate competitive edge?

     6th July 2017 Frost & Sullivan to host 360 degree Industry Think Tanks that will demonstrate digital growth opportunities across industry sectors A number of organisations are entering the race for “digital transformation”, striving to gain the ultimate competitive edge within their industry and against... 

New premises for SEW-EURODRIVE PE to cater for growing Eastern Cape market

     5th July 2017 SEW-EURODRIVE South Africa’s Port Elizabeth branch has relocated to Unit 4, Aldo Business Park, Old Cape Road in Greenbushes, reflecting both the growth of the branch and the importance of the Eastern Cape region, according to Branch Manager Francois Sieberhangen. Although Port Elizabeth is the... 

DTI-funded black industrialist firm to be launched in KZN  

By: Anine Kilian     4th July 2017 Through its Black Industrialist Scheme (BIS), the Department of Trade and Industry (DTI) has granted R13.5-million in funding to establish a new black industrialist firm in Pinetown, KwaZulu-Natal. Trade and Industry Deputy Minister Bulelani Magwanishe will officiate the launch of the firm,... 

Metair acquires 25.1% of German battery manufacturer in R111m deal

By: Irma Venter     4th July 2017 The JSE-listed Metair group has acquired a 25.1% shareholding in Germany-based battery manufacturer and supplier, Akkumulatorenfabrik Moll (Moll), at a cash price of €7.425-million (R111.4-million). Metair is a global manufacturer, distributor and retailer of energy storage solutions and... 

Hudaco maintains resilience amid tough economic environment 

By: Mia Breytenbach     30th June 2017 Despite a difficult economic and trading environment, JSE-listed industrial products provider Hudaco remains cash-generative, with operations having generated net cash of R247-million for the six months to May 31. Speaking at a presentation of the group’s results on Friday, CEO Graham Dunford... 

Catalytic converters still dominate SA’s auto components export mix

By: Irma Venter     30th June 2017 Component exports from South Africa in 2016 were again dominated by catalytic converters. Data published in the Automotive Export Manual 2017 shows that catalytic converter exports made up 41.3% of all component exports from South Africa, by value, earning R21.9-billion, up from last year’s... 

New Era assembly facility expansion and upgrade project, South Africa

By: Sheila Barradas     30th June 2017 BAW plans to expand and upgrade its New Era assembly facility, in Springs, Gauteng. 

Peugeot Citroën South Africa ‘here to stay’

By: Irma Venter     30th June 2017 Peugeot Citroën South Africa (PCSA) is here to stay, says new PCSA MD Francisco Gaie. “The company forms part of VT Holdings’ long-term strategy in South Africa.” 

Williams Hunt group to distribute Opel in SA

By: Irma Venter     30th June 2017 The German Opel brand will be distributed in South Africa by the Williams Hunt group, as from January 1, 2018. US carmaker General Motors (GM) earlier this year sold the Opel brand to French rival, Peugeot. Peugeot Citroën South Africa will not, however, take responsibility for Opel in the local... 

Argentina snaps 15mth streak of falling industrial output in May

By: Reuters     29th June 2017 Argentina's industrial production turned positive in May, official data showed on Thursday, breaking a 15-month streak of declines and providing a glimmer of hope for the lacklustre economy four months before crucial midterm elections. The 2.7% increase in output versus May 2016 was below median... 

Argent’s FY profit increases to R106m

By: Megan van Wyngaardt     29th June 2017 Steel-based beneficiation group Argent Industrial on Thursday reported a R106-million operating profit for the year ended March 31, up from R91-million in the prior year. The JSE-listed company said this was despite its manufacturing division being adversely impacted on by the downturn in the... 

Automotive sector remains relevant in volatile market

By: Natasha Odendaal     29th June 2017 While South Africa works its way through the impact of the latest economic headwinds, the automotive sector is holding its own in a volatile market, Econometrix director and chief economist Dr Azar Jammine said on Wednesday. Despite an expected contraction in domestic vehicle production and sales... 

Seifsa welcomes Naamsa’s renewed commitment to local industry

By: Megan van Wyngaardt     29th June 2017 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has welcomed the announcement by the National Association of Automobile Manufacturers of South Africa (Naamsa) that original-equipment manufacturers will increase their sourcing of locally-produced goods as part of the... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119 Close