R/€ = 14.15
R/$ = 11.58
Au 1195.87 $/oz
Pt 1197.50 $/oz
Sep 30, 2014
Forestry and forest products group York Timber Holdings on Tuesday reported earnings of R49.76-million for the year ended June 30, down 53% from the R106.86-million achieved during the prior year, with the decline mainly the result of reduced sawmill profitability...
Sep 06, 2013
Forestry and forest products group York Timbers on Friday said its headline earnings a share (Heps) for the 2013 financial year would be between 19% and 24% lower than that recorded in the previous financial year. The group expected to report Heps of between 32c and...
Apr 05, 2013
Initial studies have been completed for a major expansion of the Port of Richards Bay’s general freight capacity.
Mar 12, 2013
Despite a softening market, industrial action at the Komatiland Forests (KLF) operations, a fire and rising operational costs, forestry and forest products group York Timbers' headline earnings a share for the six months ended December 31, 2012, remained flat at 13c....
Sep 25, 2012
Forestry and forest products group York Timbers on Tuesday reported 250% growth in earnings a share for the year ended June to 42c, up from 12c in the previous year, while revenue rose by 16% to R1.1-billion. The group’s operating profit reached R166-million, an...
Aug 17, 2012
Forest products group Mondi has announced plans to install a 47 MW steam turbine at its Richards Bay mill, in KwaZulu-Natal, which will further increase the facility’s power self-sufficiency and produce surplus electricity for input into the South African grid....
Mar 09, 2012
The domestic forestry and pulp and paper sectors do not have as negative an impact on the environment as many people might believe, industry bodies Forestry South Africa (Forestry SA) and the Paper Manufacturers Association of South Africa (Pamsa) emphasise.
Mar 09, 2012
Sep 08, 2011
Sep 30, 2010
Feb 17, 2010
Feb 15, 2010
The second version of South Africa's much-debated Industrial Policy Action Plan, or Ipap2, will include specific timeframes for the achievement of sectoral job-creation targets and will seek to kick-start so-called "green industries", Trade and Industry Minister Dr...
Jul 04, 2008
Jun 26, 2008
The State-owed Industrial Development Corporation (IDC) plans to approve at least R60-billion worth of investments over the next five years to 2012/13, which would be a material scale-up from the R26-billion it has approved in the previous five years. CEO Geoffrey...
Feb 08, 2008
Forests are under immense pressure for human, agriculture and animal needs. Many forests are being converted for agricultural use in the sub-Saharan African region, which is happening at alarming speeds. Between 1981 and 1990, an estimated 25% of forest loss was...
Oct 12, 2007
In recent years, much ink has been spilt (this publication being no exception) over the potential employment benefits that could flow from more competitively-priced basic materials, particularly carbon steel.
Jul 11, 2007
Forest products group Sappi reported on Wednesday that the costs associated with runaway fires that arose in the KwaZulu-Natal Midlands in late June were likely accumulate to some $5-million after tax.
May 18, 2007
May 14, 2007
Forest products and paper manufacturer Sappi has appointed Ralph Boettger, a 45-year old executive director of Imperial Holdings, as the company's new CEO, filling a position that has been vacant for more than a year, the group announced on Monday.
May 10, 2007
The South African government had not suspended pricing talks with steel producer Mittal Steel South Africa, but was having to reassess its position in light of a call by Cabinet for an update on its efforts to deal with the whole import parity-pricing (IPP) issue, as...
Feb 01, 2007
Forest products and paper producer Sappi says it is experiencing some civil-engineering-related cost and time pressures at its R3-billion Saiccor expansion in Kwazulu-Natal, but believes the financial impacts will not be “material” and that delays can...
Feb 01, 2007
Forest products and paper giant Sappi anticipates that it will do further black economic-empowerment (BEE) deals in South Africa over and above the property-development deal struck with a Lereko-led consortium last year - Lereko is led by former North West Premier...
Jan 08, 2007
Paper manufacturer Sappi on Monday announced the appointment of Berry Wiersum as CEO of its European operations.
Dec 15, 2006
The final touches are being put to South Africa’s National Industrial Policy Framework, which is going to see government moving away from its current generic-style system of industrial support to one that identifiesspecific so-called ‘high-impact’...
Dec 07, 2006
The final touches are being put to South Africa's National Industrial Policy Framework (NIPF), which is going to see government moving away from its current generic-style system of industrial support to one that identifies specific so-called 'high-impact' sectors for...
Feb 24, 2006
There appears to be a serious breakdown in understanding and communications between government and South Africa’s largest steel producer, Mittal Steel South Africa, over where things currently stand regarding the introduction of a new pricing model for the sector.
Jul 16, 2004
Forest products group Yorkcor has unveiled a plan to back integrate into forestry in a move designed to improve security of sawlog supply in the increasingly-concentrated forestry sector.
Apr 30, 2004
The budget for the G2 Simulation grand plan to determine terminal efficiencies and opportunities for strategic infrastructure investments for all seven ports has been approved, says National Ports Authority (NPA) senior manager planning and development Mamsie Khoapa.
Apr 30, 2004
One of the reasons for the delay in the sale of the State’s forestry assets was that about 50% of the forests had land claims – around 250 in total – pending, says Department of Water and Forestry (Dwaf) forests manager Linda Mossop.
Apr 19, 2004
The International Finance Corporation (IFC), the private sector arm of the World Bank, will provided a $15-million loan to San Vicente Terminal Internacional (SVTI), which operates the Port of San Vicente, a medium-sized port in Chile, specialising in handling forest...
Apr 06, 2004
JSE Securities Exchange-listed forest products group Yorkcor has given notice of its intention to oppose the sale of the Komatiland Forest to the Bonheur consortium, which is 70%-controlled by US resource company Global Forest Products.
Apr 02, 2004
The R3,2-billion development of the Port of Ngqura, alongside the Coega industrial development zone in the Eastern Cape, will impact on the Port Elizabeth harbour, but will not lead to its demise, says National Ports Authority (NPA) landlord services GM Mlamuli...
Mar 12, 2004
In the latest Institute for Commercial Forestry Research (ICFR) Annual Research Review, its chairman, Prof Charles Breen, states: “Research is not an end in itself. ?“In the forest industry it is a service through which the ICFR (and other forestry...
Jul 04, 2003
A pitstop model, similar to those used in Formula One motor racing, was used to fast-track the retrofitting of environment-protecting electrostatic precipitators at a large pulp and paper mill in Mpumalanga, Engineering News can today exclusively report. The...
Mar 26, 2003
Natural resources giant Anglo American announced yesterday that its wholly-owned forest products subsidiary, Mondi South Africa, is to proceed with a R2-billion ($220-million) expansion and modernisation of its Richards Bay mill in KwaZulu-Natal in South Africa,...