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Electricity-mix model shows South Africa won’t need to trade off clean for low-cost

By: Terence Creamer     Updated 2 hours 29 minutes ago The steep decline in wind and solar photovoltaic (PV) costs means that South Africa will not need to make the traditional trade-off between investing in either clean or least-cost electricity production, as the “cost-optimal mix” for South Africa is now also the cleanest, research conducted by... 

Frankfurt Airport aims to increase its business with South Africa

By: Keith Campbell     Updated 6 hours ago Germany’s number one international airport, Frankfurt, is seeking to increase its two-way air cargo trade with South Africa. This was highlighted at a media briefing at the 2017 Air Cargo Africa conference in Kempton Park, east of Johannesburg, by Fraport AG chief operating officer Anke Giesen.... 

Bacanora buys 50% stake in German lithium project

By: Anine Kilian     21st February 2017 Aim- and TSX-V-listed Bacanora will acquire a 50% stake in the Zinnwald lithium project, in Germany, from European solar panel producer SolarWorld for €5-million, plus an undertaking to invest a further €5-million on a feasibility study (FS). The FS is expected to take 18 to 24 months to complete. 

Germany shares its renewable-energy lessons

By: Kim Cloete     21st February 2017 Germany is on an all-out campaign to decarbonise its energy system, with plans to slice carbon dioxide (CO2) emissions by 80% to 90% by 2050. It has identified hydrogen as an essential part of decarbonising its energy system. 

Germany, South Africa discuss the prospect of fuel cell buses

By: Kim Cloete     20th February 2017 South African specialists and government officials have met with their German counterparts to discuss a pilot project to introduce hydrogen fuel cell buses in two cities in South Africa. Germany has already rolled out some such buses in Berlin, Stuttgart and Hamburg and is sharing its experience... 

Yellen can't halt Trump gold rally that funds bet against

By: Bloomberg     20th February 2017 They should’ve had more faith. Hedge funds reduced their wagers on a bullion rally for the first time in three weeks, just before prices neared a two-month high and capped a third straight week of gains. Not even Federal Reserve Chair Janet Yellen’s outlook for higher US interest rates has been... 

Solar-powered Africa 'never more possible and less expensive' – energy chief

By: Reuters     20th February 2017 A “solar revolution” is coming to Africa, comparable in scale and importance to the rapid surge in mobile phone use on the continent two decades ago, predicts the head of the International Renewable Energy Agency. Fast-dropping costs for solar power, combined with plenty of sun and a huge need... 

Biogas needs favourable REIPPPP allocation for sustainable development

By: Nadine James     17th February 2017 The measureable and sustainable development of South Africa’s biogas industry requires projects, and therefore a favourable  Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) allocation, to prove sufficient financial viability to financial institutions is essential.... 

South Africa to learn from Germany’s experience in roll-out of fuel cell buses

By: Megan van Wyngaardt     16th February 2017 The Department of Trade and Industry (DTI) in partnership with the German government will host a fuel cell bus workshop at the South African Renewable Energy Technology Centre, in Bellville, Cape Town, next week. The workshop will be held under the theme ‘Fuel Cell Bus – Unleashing Industrial... 

German steel federation sees Chinese overcapacity persisting

By: Reuters     16th February 2017 The German steel federation expects Chinese overcapacity for steel production, which puts pressure on global prices, to persist in the coming years, its president said on Thursday. China's overcapacity was 360-million tonnes last year and is likely to remain well above 300-million tonnes in 2020,... 

Atlas Copco to acquire Germany-based construction tools business

     15th February 2017 Atlas Copco, a leading provider of sustainable productivity solutions, has agreed to acquire Erkat Spezialmaschinen und Service GmbH, a manufacturer of drum cutter attachments for excavators.   Erkat is based in Hämbach, Germany, and has sales and service locations worldwide.  The company makes... 

The power of innovative engineering: The biggest LOESCHE mill type LM 70.4+4 CS in successful operation with the new COPE drive

     14th February 2017 The LOESCHE mill type LM 70.4+4 CS in operation with the new COPE drive at the cement plant Mfamosing The United Cement Company of Nigeria (Ltd), UNICEM, successfully commissioned their new cement plant 2 at Mfamosing, in Cross River State, Nigeria. LOESCHE received the order for two vertical... 

REMA TIP TOP strives for strong market position in Brazil

     13th February 2017 REMA TIP TOP, a globally operating system provider of services and products in the field of conveying and treatment technology as well as tyre repair, has acquired Norte Sul Serviços de Vulcanização (“Norte Sul Serviços”), a conveyor maintenance provider in Brazil. Through the acquisition, REMA... 

The power of innovative engineering: The biggest LOESCHE mill type LM 70.4+4 CS in successful operation with the new COPE drive

     10th February 2017 The LOESCHE mill type LM 70.4+4 CS in operation with the new COPE drive at the cement plant Mfamosing The United Cement Company of Nigeria (Ltd), UNICEM, successfully commissioned their new cement plant 2 at Mfamosing, in Cross River State, Nigeria. LOESCHE received the order for two vertical... 

Elidz Enterprises Impact Local Economy

     10th February 2017 The operations of enterprises in the East London Industrial Development Zone have had a tremendous impact on the broader economy of the Eastern Cape Province.  This is according to a report released in 2016 by Statistics South Africa (Stats SA) which evaluated the ELIDZ’s impact on job creation,... 

Arc Flash workwear passes international testing

     10th February 2017 Technology solutions to personal protective equipment (PPE) supplier Dromex’s Arc Flash Protera workwear recently passed the Open Air Arc test. The test was performed by life cycle management solutions company Kinectrics, at its Arc test facility in Canada. 

Going beyond the Limits to Growth debate

By: Saliem Fakir     10th February 2017 The Limits to Growth (LTG) thesis was developed in the 1970s by a group of experts collectively called the Club of Rome. They used a computer (at that time, they did not have sufficient data or the computing power that we have today) model to link exponential population growth, income/gross... 

Luxury vehicle brand sales defied economic gravity in 2016

By: Irma Venter     10th February 2017 While new-vehicle sales were down 11.4% in 2016 in a tough-as-nails domestic economy, Ferrari sales grew from 91 units in 2015, to 94 prancing horses finding new homes in 2016. Maserati had an ever better year. South African sales grew from 45 units in 2015, to 113 in 2016. 

Production capacity grows in SA automotive industry

By: Robyn Wilkinson     10th February 2017 The outlook for the local automotive industry for the next three to five years is very positive, with several manufacturers planning upgrades and expansions at their facilities to increase capacity, says drive technology provider SEW Eurodrive South Africa (SA) sales engineer Willem Strydom. 

Spectre of trade war looms as Trump puts ‘America First’

     10th February 2017 World leaders are not taking Donald Trump’s trade barbs lying down. After the US President said Germany and Japan were gaming foreign exchange markets to win favourable trade terms, Japanese Prime Minister Shinzo Abe joined German Chancellor Angela Merkel last week in pushing back and leading a... 

Atlas Copco plans to divest its road construction equipment business

     9th February 2017 The Board of Directors of Atlas Copco AB has decided to divest the Road Construction Equipment division.  The reason for the planned divestment is that the division does not have the economies of scale to become number one or two in this market segment. With the divestment, Atlas Copco aims to... 

IFAT Africa 2017: Finding ways out of the water crisis

     9th February 2017 Messe München GmbH Messegelände 81823 München Deutschland Southern Africa suffering under severe drought Pipeline projects worth billions planned Greater use of groundwater and seawater in the future From September 12 to 14, 2017, local and international representatives from the environmental... 

Elquip Solutions and Hoffman offer a catalogue of tooling excellence unmatched for its range and quality

     8th February 2017 While all of South Africa's tool importers have catalogues of their products, none of these online or print publications contain nearly as wide a range of tools and ancillary products which are contained in the Hoffman Group catalogue, explains Elquip Solutions Managing Director Mike Cronin.... 

The power of innovative engineering: The biggest LOESCHE mill type LM 70.4+4 CS in successful operation with the new COPE drive

     8th February 2017 The LOESCHE mill type LM 70.4+4 CS in operation with the new COPE drive at the cement plant Mfamosing The United Cement Company of Nigeria (Ltd), UNICEM, successfully commissioned their new cement plant 2 at Mfamosing, in Cross River State, Nigeria. LOESCHE received the order for two vertical... 

Sappi to invest $305m in US, Europe mills 

By: Anine Kilian     8th February 2017 JSE-listed Sappi will invest $305-million over a three-year period in certain of its operations in the US and Europe, the company said on Wednesday. Reporting on its results for the first quarter of the 2017 financial year, it highlighted that it would invest $165-million in upgrading a paper... 

New Revolutionary Quick-Curing A.B.E. Protection For Discovery Air-Conditioning Plant

     8th February 2017 A.b.e. Construction Chemicals’ new VIP quickfloor system that can cure in less than an hour to enable flooring contractors to provide incredibly rapid flooring has been applied as waterproofing protection at the Discovery Holdings headquarters in Sandton. A.b.e., part of the Chryso Southern... 

Gold continues to be safe haven in these uncertain times

By: Kim Cloete     7th February 2017 Experts believe the buying of gold for investment purposes is set to increase, as currencies decline. Uncertainty over decisions made by US President Donald Trump may also see investors heading for gold. “There will be a lot of gold buying for investment purposes in the next few years. We expect... 

Trump-policy concerns send gold shooting to a two-month high

By: Bloomberg     7th February 2017 Gold futures surged to the highest in more than two months as investors grow wary about the possible impact of US President Donald Trump’s domestic and international policies. Data on Friday showed US wage growth slowed, reducing the odds of Federal Reserve rate increases this year and sending... 

SMS group to modernize entry section of a pickling line at SSAB in Finland

     6th February 2017 SSAB has awarded SMS group www.sms-group.com an order covering the modernization of a continuous pickling line entry section in its Hämeenlinna plant. This modernization will significantly increase the line’s availability and its output as well as the degree of automation and safety. Especially... 

Local fuel cell manufacturing launch boost for platinum demand 

By: Martin Creamer     3rd February 2017 The government-backed fuel cell plant launch scheduled to take place on the sidelines of the Mining Indaba in Cape Town has important potential demand implications for South Africa’s platinum-mining industry. With the backing of the Department of Trade and Industry, Isondo Precious Metals, headed... 

Knorr-Bremse completes acquisition of Kiepe

     3rd February 2017 Knorr-Bremse AG and Vossloh AG today announced successful completion of the acquisition of the Electrical Systems business unit (Vossloh Kiepe) by Knorr- Bremse. “With the acquisition of Vossloh Kiepe we are taking the logical next step in the successful development of our business,” says Klaus... 

High productivity and product quality due to energy savings of up to 25 percent

     3rd February 2017 apt Hiller GmbH headquartered in Monheim, Germany, has meanwhile ordered already the fourth front-loading extrusion press from SMS group www.sms-group.com. The new extrusion press operates with an extrusion force of 27 MN (2,700 tons) in front-loading design, thus enabling high productivity and... 

Airbus A400M may have won $2bn Indonesian order – reports

By: Keith Campbell     3rd February 2017 French aerospace journal “Air et Cosmos” and British defence media group Jane’s have both reported that the Indonesian government has approved the purchase of five Airbus A400M military airlifter aircraft. Both cite local Indonesian media as the source of the information. According to the French... 

South Africans or self-interest first?

By: Riaan de Lange     3rd February 2017 I woke to bad news recently, being immediately reminded of a television series that has undisputed longevity and is a personification of both innovation and trailblazing. It is the BBC’s 1980s classic, Allo 'Allo! Unless you are of a single-digit age, or a recent arrival to the third rock from... 

Ventilation groups team up in new African collaboration

By: David Oliveira     3rd February 2017 Germany-based TLT-Turbo, and local industrial fans and ventilation companies MechCaL and TLT ACTOM, will team up to produce and distribute a full range of ventilation products for the mining, construction, industrial and power markets in South Africa and wider sub-Saharan Africa (SSA). After... 

Gold becomes one of investors' favourite safe havens with Trump uncertainty

By: Reuters     31st January 2017 Some of Wall Street's largest fund managers have taken a contrarian bet on gold, wagering that US President Donald Trump's governing style and upcoming elections in Europe will combine to create more stock market volatility and boost the prices of a metal long seen as a safe haven. Fund managers... 

EU rebuffs South African claim of chicken imports being cause of industry distress 

By: Terence Creamer     31st January 2017 The European Union (EU) is strongly contesting arguments that its chicken exports to South Africa are the main cause of the current distress in the industry, asserting that “structural” problems in the South African industry are the main reason for its lack of competitiveness. Ambassador Marcus... 

Rainbow Rare Earths listing raises funds for Burundi mining project

By: Reuters     30th January 2017 Rainbow Rare Earths listed on the LSE on Monday, raising £8-million ($10-million) to invest in its Gakara project in Burundi, with a view to starting sales to Germany's Thyssenkrupp by year-end. The project's minerals are weighted towards magnetic rare earths, including neodymium and... 

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