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SCHURTER awards RS Components for outstanding sales performance

     Updated 4 hours ago 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... 

China auto boom is warning to world miners facing scrap age

By: Bloomberg     29th September 2016 China is on the cusp of a scrap wave that will return metal from ageing cars and expired fridges to the supply chain in a growing threat to mining companies, according to  Chiho-Tiande Group , a top recycler, which is taking over one of the biggest and oldest names in Europe’s scrap business. The... 

SABMiller shareholders comfortably back AB InBev takeover offer

By: Reuters     28th September 2016 SABMiller shareholders backed the brewer's $100-billion-plus takeover by rival Anheuser-Busch InBev by a large majority on Wednesday, paving the way for one of the biggest corporate mergers in history. The £79-billion deal was comfortably passed by the SAB shareholders who voted. It had required... 

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... 

Interface Chief Sees End-Result Of KBAC’s ‘’Determined Efforts’’

     27th September 2016 Rob Boogaard, The Netherlands-based CEO and President of the Europe, Middle East, and Africa (EMEA) region of Interface - the world’s largest producer of sustainable modular flooring - recently accompanied a team from KBAC Flooring, which distributes Interface flooring in South Africa, on a site... 

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... 

We were forced to work for Western-run mine, say migrants who fled Eritrea

By: Reuters     26th September 2016 Bemnet Negash never got to say a proper goodbye to his family. In February 2006, government officials arrived at his school in the highlands of Eritrea and put him and his classmates on a bus to a military training camp. He was 20 years old, and still at school because a childhood illness had... 

Goscor Power Products rates Rato engines top notch!

     26th September 2016 Goscor Power Products (Pty) Ltd., a leading Southern African distributor of generators, engines and pumps, is proud to announce its recent appointment as the official distributor of the high quality Rato power product line up for the SADEC and East African regions. “In accordance with the... 

European Lithium plans ‘aggressive development’ of lithium project – Sage

By: Mariaan Webb     26th September 2016 Australia-based European Lithium has appointed a consultant for metallurgical test work at its Wolfsberg project, aimed at accelerating the development of the lithium project in Austria. The Tony Sage-chaired company, which was formerly known as Paynes Find Gold and last week relisted as... 

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. 

Global leader receives tender for new escalators

     23rd September 2016 Elevator and escalator industry global leader Kone has won an order from Stockholm County Council to modernise and maintain 13 escalators at six metro stations in Sweden's capital. 

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... 

POST-BREXIT PRIORITIES

     23rd September 2016 European Commission President Jean-Claude Juncker said last week that the coming year will be critical for the European Union (EU) in seeking to remain relevant following the UK decision to quit the 28-nation bloc. Bloomberg reports that, during his state of the Union address in Strasbourg,... 

Power trends

By: Terence Creamer     23rd September 2016 In light of recent disruptions in the sector, as well as sharply rising tariffs, electricity remains a hot topic in South Africa. There is an especially heated debate currently under way about what would be the lowest-cost generation mix, particularly in light of the country’s weaker... 

Saab, Denel create joint air defence system from their products

By: Keith Campbell     23rd September 2016 Swedish security and defence group Saab has revealed that it and South African Defence group Denel have cooperated to integrate the former's Giraffe radar with the latter's Umkhonto surface-to-air missile. "It's producing a system that's going to be very hard to beat," affirmed Saab Country Unit... 

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,... 

Bombardier affirms localisation with new Isando facility 

     22nd September 2016 A new 6 000 m2 production site for rail technology provider Bombardier Transportation’s high-power propulsion equipment was opened earlier this month. Megan van Wyngaardt has the story. 

Russia to outshine other European mining countries even more by 2020

By: Megan van Wyngaardt     22nd September 2016 While regulatory policies and elevated production costs will continue to pose the greatest challenges for miners operating in Europe to 2020, BMI Research has highlighted Russia as the region's “growth bright spot” in terms of mining industry value (MIV) growth rates. The research and advisory... 

New research data set to stimulate trade growth for Stainless Steel sector

     22nd September 2016 Two years of intensive research by the Southern Africa Stainless Steel Development Association (sassda) in association with the Steel and Engineering Industries Federation of Southern Africa; now gives local stainless steel fabricators insight into growth opportunities in new export markets as... 

Alstom unveils emission-free Coradia iLint locomotive

By: Natasha Odendaal     21st September 2016 Two years after inking the first letters of intent (LoIs) with various German states and entities, French multinational Alstom’s zero-carbon-dioxide- (CO2) emission passenger train is set to grace the European country’s rail network. Launched on Tuesday at railway trade fair InnoTrans, in Berlin,... 

Alstom on the right track, says CEO

By: Natasha Odendaal     21st September 2016 French multinational Alstom is well on course in the “railway traffic evolution” stakes, with sustained growth in the sector affirming the group is on the right track with its 2020 strategy, says Alstom chairperson and CEO Henri Poupart-Lafarge. Addressing media at a press conference on the... 

ABB sells Power Grid's cable business to NKT in $932m deal

By: Reuters     21st September 2016 ABB is selling its high-voltage cabling business to NKT Cables in a deal worth €836-million ($932-million), the first fruit of the Swiss power and automation company's review of its massive Power Grids division. Analysts interpreted the deal as a signal ABB was more likely to keep Power Grids... 

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... 

Berkeley finds buyer for first million pounds

By: Esmarie Swanepoel     20th September 2016 Uranium developer Berkeley Energia has signed a letter of intent for the sale of its first million pounds of uranium from the Salamanca mine, in Spain. The agreement, with Interalloys Trading, will span a period of five years starting from first production. The average price contemplated by the... 

AECOM appoints Boni Chileshe as MD for East Africa

     19th September 2016 AECOM has appointed Boni Chileshe as Managing Director for East Africa. Chileshe has over 30 years’ experience within engineering and global professional services. Until recently he was the Market Sector Leader for EMIA in Transmission and Distribution. Chileshe has worked for major... 

PRASA deal's European 'BEE' partner, arms deal links

By: News24Wire      16th September 2016 A Swiss consulting firm, whose owner had been named in a corruption probe in Italy, may have received at least R4-million thanks to its bizarre BEE stake in PRASA's R51-billion tender for new passenger coaches. Last week, News24 revealed that JSE-listed technology firm EOH had paid R16.5-million... 

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... 

S.M.A.R.T. DIALOG and P:REACT enable permanent monitoring of Food Grade Quality on rPET, shown at the K2016

     16th September 2016 The Austrian provider of recycling-solutions, Next Generation Recyclingmaschinen GmbH, displays the PET Improvement Equipment P:REACT now with S.M.A.R.T. DIALOG to fully control, monitor and data-log the decontamination performance, especially for Food Grade applications. PET-Improvement with... 

Cartrack software to keep taxi cabs in check

By: Megan van Wyngaardt     16th September 2016 Vehicle tracking and recovery systems provider Cartrack has introduced a telematic device aimed at improving the safety of drivers and passengers of taxicabs. The Cartrack software will enable taxi operators to receive a far more accurate report of driver behaviour as opposed to relying on the... 

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... 

Automotive HVAC market set to garner higher revenue globally

By: Sebastian Whyle     16th September 2016 Syndicated market research provider Allied Market Research (AMR) projects that the automotive heating, ventilation, and air-conditioning (HVAC) systems market will garner revenue worth $22.8-billion by 2022.  

Focus increased on residential HVAC activities

     16th September 2016 Europe’s industry association for indoor climate, process cooling, and food cold chain technologies Eurovent took the decision, in June, during its 2016 annual meeting in Verona, Northern Italy, to strengthen its activities in the residential ventilation area.  

Korean auto firms aiming to assemble bakkies at Benoni plant

By: Irma Venter     16th September 2016 Kia Motors South Africa (KMSA) is close to finalising a deal with Hyundai Motors South Africa (HMSA) to assemble its K2700 and K2500 workhorse bakkies at HMSA’s Benoni plant, says KMSA CEO Ray Levin. HMSA assembles the Hyundai HD65 and HD72 medium-duty trucks at the Benoni facility, as well as... 

Major milestone for Castle of Good Hope

By: Jade Davenport     16th September 2016 South Africa’s built environment, at least that dating from the colonial era, is celebrating a noteworthy milestone this year as it marks the 350th anniversary of the start of construction of the iconic Castle of Good Hope, considered South Africa’s oldest surviving building. It has already been... 

Natural refrigerant trailer unit unveiled

     16th September 2016 Container refrigeration equipment provider Carrier Transicold will introduce a prototype natural refrigerant trailer unit as well as a new generation of engineless transport refrigeration systems at the 2016 Internationale Automobil-Ausstellung (IAA) show, an international trade fare for... 

Refineries face uncertain future as SA fuel standards lag

By: Irma Venter     16th September 2016 While not able to speak on behalf of the industry, South Africa’s refineries are probably grappling with the question of whether they can afford to upgrade their facilities to produce cleaner diesel and petrol, or whether it is more cost-effective to close down, says Sasol senior technical... 

Video killed the radio star

By: Riaan de Lange     16th September 2016 Ever heard of The Buggles? While you might not remember them, you will no doubt recall their iconic song, Video killed the radio star. The instalment of  this column published on August 5, titled 'And then they were gone – RIP, trusted friends', chronicles the demise of the video. So, in keeping... 

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