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Minerals Council South Africa reports that its Mining Composite Input Cost Index rose to 5.3% year-on-year in May, from a revised 2.8% in April, as higher global energy prices linked to the Middle East conflict fed through the economy. Chemicals and man-made fibres rose 11.5% month-on-month and 19.8% year-on-year, with ammonia, ethylene and propylene all recording substantial yearly increases, while coke and refined petroleum products jumped 40.3% year-on-year on Brent crude averaging $103.80/bl.
Tanzania LNG project to drive chemicals and energy expansionTanzania's projected $42-billion Lindi LNG project is expected to trigger investment across power generation, manufacturing and logistics, with the country's energy and chemicals segment forecast to grow strongly. Schneider Electric says the development, underpinned by 57 trillion cubic feet of proven gas reserves, will require integrated electrification, automation and energy management systems.
BASF expands Durban dispersions plant, calls for sector roadmapBASF has unveiled an upgraded Durban dispersions facility with a new reactor and research laboratory, and is supporting a sector roadmap addressing competitiveness, logistics, energy reliability and skills amid rising costs and subsidised imports.
Chemicals Updates
Minerals Council South Africa has reported that mining input cost pressures accelerated sharply in May, reflecting the transmission of higher global energy prices into the South African economy...
By: Ahmed Mohamed Ahmed Hegazy - Business Development Leader, Energy and Chemicals, Schneider Electric East Africa Tanzania’s energy and chemicals segment is projected to show tremendous growth in...
The Shanxi coal disaster is likely to hit Chinese output in the short term, raising costs for steelmakers, power plants and chemicals manufacturers. The explosion at a coking coal mine that killed...
JSE-listed Omnia expects to report a 21% to 27% increase in earnings per share (EPS) to between R8.37 and R8.79 for the financial year ended March 31, compared with the EPS of R6.92 reported for...
Brazil's Finance Ministry on Tuesday released a preliminary proposal for phased sectoral coverage of the country's regulated carbon market, outlining which industries will be required to report...
Endress+Hauser introduces iTHERM ModuLine, a versatile portfolio of modular thermometers designed for both general and demanding industrial applications. With only seven product variants, the range...
Several global chemical producers are starting to prioritise a reduction in hazardous substances, as part of long-term business sustainability strategies, sustainability organisation ChemSec noted...
Equipment reliability is key to maintaining continuous production in chemicals plants, says electrical engineering company Delba Electrical marketing spokesperson Mike Lerios. Amid South Africa’s...
Chemicals group BASF on March 4 unveiled its expanded production facility for dispersions in Durban, which strengthens the company’s ability to supply customers with high-quality dispersions used...
Chemicals group BASF on March 4 unveiled its expanded production facility for dispersions in Durban, which strengthens the company’s ability to supply customers with high-quality dispersions used...
Global trade credit insurance company Coface expects business insolvencies to rise by 2.8% this year if interest rates remain at current levels, but warns that a rise in interest rates of just 25...
Companies that treat process safety as a compliance exercise are missing the point entirely. It is not about meeting standards, but whether an operation can survive the next decade. Chemical and...
Sasol CEO Simon Baloyi said the South African company may spin off its international chemicals business as soon as 2028, depending on how quickly profit grows. Shares of the fuel and chemicals firm...
This week we profile Wojciech Kulma, MD of BASF South Africa, which manufactures and sells chemical products
JSE-listed AECI has appointed AECI Chemicals executive VP Dean Murray as the group's interim CEO, following the resignation of Holger Riemensperger, with effect from October 15. AECI notes that...
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