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Chemicals & Pharmaceuticals News

Aspen strikes deal with J&J to launch own vaccine, called 'Aspenovax'

By: News24Wire      30th November 2021 Aspen will manufacture and sell its own branded Covid-19 vaccine in Africa, following an agreement with Johnson & Johnson. Johnson & Johnson is granting Aspen an intellectual property licence to produce its vaccine under the new brand name "Aspenovax". According to the deal, Aspen will... 

Aspen SA closer to launching own-branded vaccine, called Aspenovax, for Africa 

30th November 2021 Pharmaceutical company Aspen’s wholly-owned South African subsidiary, Aspen SA Operations, has signed a nonbinding term sheet with Janssen Pharmaceuticals and Janssen Pharmaceutica NV, two of the Janssen Pharmaceutical Companies of Johnson & Johnson, that will form the basis for the negotiation... 

Pic of Covid-19 Vaccines with South African flag in background.

Competition Commission prohibits sale of Sasol’s cyanide business

By: Simone Liedtke     30th November 2021 The Competition Commission has prohibited the sale of Sasol’s sodium cyanide business to Czech Republic-based specialty chemicals company, Draslovka. The commission’s approval was a key condition precedent to the transaction. 

Urgent interdict filed against Shell’s Wild Coast seismic survey

By: Simone Liedtke     30th November 2021 Four environmental and human rights organisations have filed an urgent interim-interim interdict against Shell in the Eastern Cape Division of the Grahamstown High Court to prevent the fossil fuel company from starting seismic testing along the ecologically diverse and sensitive marine... 

Pic of Shell logo.

Chemicals, media Setas team up to drive digital transformation

By: Schalk Burger     24th November 2021 The Chemical Industries Education and Training Authority (Chieta) and the Media, Information & Communication Technologies Sector Education and Training Authority ((MICT Seta) have signed a memorandum of understanding (MoU) to encourage greater cross-Seta collaboration on digital transformation... 

Unilever South Africa pioneers purple carbon in its homecare products

By: Tasneem Bulbulia     23rd November 2021 Consumer products company Unilever South Africa has become the first manufacturer in the world to introduce purple carbon into its range of homecare products. For the entire month, Sunlight Dishwashing Liquid with purple carbon was used as a demonstrator product, a pioneer in its category. 

Sasol aims to begin producing green hydrogen in Sasolburg from 2023  

By: Terence Creamer     22nd November 2021 Energy and chemicals groups Sasol aims to begin producing 6 t/d of green hydrogen at its facility in Sasolburg by 2023, VP for climate change Shamini Harrington reports. In a presentation delivered during the Africa Green Hydrogen Forum, Harrington said that the green hydrogen would be produced... 

Sasol also aims to repurpose Secunda to produce sustainable products
Sasol also aims to repurpose Secunda to produce sustainable products

Omnia highlights supply chain successes as it records strong interim performance

By: Tasneem Bulbulia     22nd November 2021 JSE-listed Omnia Holdings says it delivered a strong financial and operational performance for the six months ended September 30, having successfully navigated a complex global environment characterised by slow recovery of economic activity, steep increases in commodity prices and global... 

An image showing a BME used oil truck
BME used oil truck

Ascendis Health continues to consider nonbinding proposals, EoIs for shares

By: Simone Liedtke     12th November 2021 South African pharmaceuticals company Ascendis Health’s board of directors continues to consider nonbinding proposals and expressions of interest (EoIs) for the acquisition of Ascendis Health shares. The company on November 12 said it continues to receive a number of these, though it advised... 

Opinion: Embracing green energy industrialisation to tackle climate change and drive inclusive growth

10th November 2021 In this opinion article, Boston Consulting Group MD and partner Lucas Chaumontet writes about the need for South Africa to coordinate its climate change adaptation and mitigation plans with its broader national reindustrialisation plans. 

BCG MD and partner Lucas Chaumontet

Omnia expects to report higher interim earnings

By: Schalk Burger     8th November 2021 JSE-listed chemicals company Omnia expects to report an 89% to 109% year-on-year increase in earnings a share to between 287c and 317c for the six months ended September 30. Headline earnings a share are expected to be between 95% and 115% higher at between 291c and 320c. 

South African Investment Conference moved to March  

By: Schalk Burger     8th November 2021 President Cyril Ramaphosa, in his weekly letter, said the fourth South African Investment Conference, which would have been held this month has been moved to March next year owing to several events, including the local government elections, the Conference of the Parties (COP26) climate conference... 

A photo of President Cyril Ramaphosa
President Cyril Ramaphosa

Top-performing South African fund rides bet on energy stocks

By: Bloomberg     4th November 2021 South Africa’s top-performing equity fund has reaped the benefit of a wager that battered stocks, particularly in the energy sector, would flourish as economies rebounded from the worst of the pandemic. Blue Quadrant Capital Management’s Worldwide Flexible Prescient Fund has returned 125% this... 

Transport infrastructure key to African economic growth

By: Darren Parker     29th October 2021 Improved transport infrastructure in Africa would contribute significantly to unlocking the continent’s economic potential, says diversified chemicals group Omnia Holdings group CEO Seelan Gobalsamy. He says there is considerable agricultural potential in East Africa, which exports products... 

Just Share continues battle for Sasol to table shareholder-proposed resolution

By: Simone Liedtke     26th October 2021 Nonprofit shareholder activism organisation JustShare on October 26 said petrochemicals company Sasol had refused to table the sixth shareholder-proposed resolution filed with the company in five consecutive years. The organization said it believes Sasol’s refusal to table such resolutions seems... 

CSIR nears launch of 4IR Learning Factory to bolster local skills

By: Donna Slater     25th October 2021 The Council for Scientific and Industrial Research (CSIR), in partnership with the Manufacturing, Engineering and Related Services Sector Education Training Authority, has opened the doors of its newly developed Fourth Industrial Revolution (4IR) Learning Factory (LF), which is designed to help... 

CSIR nears launch of 4IR Learning Factory to bolster local skills

Aspen starts local manufacture of anaesthetics at flagship Gqeberha site 

By: Simone Liedtke     25th October 2021 Trade, Industry and Competition Minister Ebrahim Patel has officially opened multinational specialty pharmaceutical company Aspen’s general anaesthetics production line at its flagship manufacturing site in Gqeberha. This manufacturing capability will convert Aspen’s Gqeberha facility into one of... 

Pic of Aspen's SVP2 Facility in Port Elizabeth
Aspen's SVP2 Facility in Port Elizabeth

Aspen sells six South African medicines to Swedish company

By: Simone Liedtke     22nd October 2021 Swiss pharmaceutical company Acino and multinational pharmaceutical company Aspen Pharmacare and its subsidiaries have signed an agreement for Acino to acquire six South African medicines for more than R1.8-billion. The acquired medicines are used for the treatment of gastroenterology, erectile... 

PPE plan crucial to employee safety

22nd October 2021 Hi-tech protective clothing manufacturer Charnaud stresses that the safety of all employees depends on the creation and strict implementation of a personal protective equipment (PPE) plan. Elaborating on how to create a PPE management plan and put it into action, the company stresses that... 

A Charnaud stand at an event with Hazmat suits, Reflective clothing, corporate clothing, gloves, goggles and boots
ALL THE RANGE The range of Charnaud's PPE offerings should be incorporated into a company's PPE management plan

Sasol posts 44% jump in Q1 chemicals revenue

By: Reuters     21st October 2021 Sasol posted a 44% rise in first-quarter revenue in its main chemicals business on higher chemical and crude oil prices, it said on Thursday. Revenue from its chemicals business, which accounts for almost 60% of its turnover and profit, came in at $2.5-billion, driven largely by an average price... 

Omnia sells majority interest in noncore Umongo for R1bn

By: Schalk Burger     21st October 2021 JSE-listed chemicals company Omnia and Autumn Storm Investments will sell a majority interest in lubricants and oils supplier Umongo Petroleum to specialist chemical and food ingredients company Orkila South Africa for R1-billion Omnia, which acquired a 90% interest in Umongo in 2017, and Autumn... 

Ascendis' share price rises

By: Creamer Media Reporter      19th October 2021 JSE-listed Ascendis Health's share price rose by more than 23% on October 19. On the same day, the company issued an update on proposed plans to dispose of its Ascendis Pharma business segment. 

Biogas engines supplied to ethanol producer

15th October 2021 Multinational gas and diesel power plant specialist Clarke Energy has secured the sale of two of gas engine manufacturer Innio Jenbacher’s biogas engines to ethanol distiller PressCane Limited, based in Chikhwawa, Malawi. The ethanol production site generates biofuel in the form of ethanol, which... 

Unilever pilots Sunlight soap made with captured carbon

By: Schalk Burger     14th October 2021 Consumer products multinational Unilever says it has produced dishwashing liquid, sold under its Sunlight brand, with captured carbon emissions. This aligns with the company's global Clean Future strategy to eliminate carbon derived from fossil fuels in its cleaning and laundry products by 2030. 

Sasol shareholders file second climate lobbying resolution

By: Tasneem Bulbulia     8th October 2021 Following chemicals company Sasol’s refusal to table South Africa’s first climate lobbying shareholder resolution, Sasol shareholders Just Share and Aeon Investment Management (Aeon) have co-filed a second nonbinding, advisory resolution ahead of Sasol’s November 19 Annual General Meeting. The... 

Moderna plans to spend $500m on vaccine plant in Africa

By: Bloomberg     7th October 2021 Moderna said it would spend as much as $500-million to build a factory in Africa that could produce half a billion messenger RNA vaccine doses a year. In a statement, the company said that the new factory would produce the drug substance for messenger RNA vaccines, including its Covid-19 vaccine... 

Covid-19 vaccines

Sasol takes lead role in feasibility study for Boegoebaai green hydrogen project

By: Creamer Media Reporter      6th October 2021 Integrated chemicals and energy company Sasol has signed a memorandum of agreement with the Northern Cape Economic Development, Trade and Promotion Agency to lead the feasibility study to explore the potential of Boegoebaai as an export hub for green hydrogen and ammonia. The Boegoebaai green... 

A photo of Priscillah Mabelane, Sasol energy VP
Sasol energy VP Priscillah Mabelane

UPL asked to pay for public forum on South Africa pollution

By: Bloomberg     6th October 2021 UPL, an Indian producer of chemicals used in agriculture, will be asked to pay for the establishment of a forum that will keep the public informed about developments relating to a spill of hazardous chemicals in the South African city of Durban. The so-called multi stakeholder forum will be set... 

Durban chemical company had no environmental authorisation to operate plant, report finds 

By: News24Wire      4th October 2021 United Phosphorus Limited (UPL) had no environmental authorisation to operate its Cornubia chemical factory, nor did it obtain risk assessment and planning permissions as required by environmental and municipal by-laws, a preliminary report has found. Forestry, Fisheries and Environment Minister... 

More equipment donated in the fight against Covid-19

1st October 2021 Integrated chemicals and energy company Sasol has donated mobile clinics, vaccine carriers, laptops, specialised World Health Organisation-approved medical refrigerators and freezers, as well as temperature loggers to the provincial health departments in Gauteng, Mpumalanga and the Free State to... 

A photo of a healthworker’s hands filling out a form at a table with Covid-19 vaccinations lined up in the foreground
SPREADING THE CURE Sasol is supporting Government’s vaccination rollout strategy by donating essential equipment and resources

Unequal access to vaccines a huge risk to a sustained global recovery, says Ramaphosa

By: Yvonne Silaule     28th September 2021 Unequal access to vaccines presents a huge risk to a sustained global recovery and the vaccine business should not be just about profit but about saving lives, President Cyril Ramaphosa said during the opening of the World Trade Organisation (WTO) World Trade Public Forum on September 28. The WTO... 

A photo of President Cyril Ramaphosa
President Cyril Ramaphosa

CSIR, SAMRC partner with US firm on Covid-19, cancer vaccine development

By: Yvonne Silaule     27th September 2021 NantAfrica, a division of US multinational NantWorks, has signed a collaboration agreement with the Council for Scientific and Industrial Research (CSIR) and the South African Medical Research Council (SAMRC) for the transfer of biologic manufacturing technology for Covid-19 and cancer vaccines... 

Organisation files climate lobbying resolution for tabling at Sasol AGM

By: Tasneem Bulbulia     21st September 2021 Nonprofit shareholder activism organisation Just Share and investment management company Aeon Investment Management on September 14 co-filed a nonbinding, advisory shareholder resolution with chemicals company Sasol, for tabling at its November 19 annual general meeting. The resolution asks Sasol... 

WHO-backed vaccine hub for Africa to copy Moderna Covid-19 shot

By: Reuters     14th September 2021 Efforts to develop an African base for Covid-19 vaccine production will focus on trying to replicate Moderna's shot, but a lack of progress in talks with the U.S. company mean the project will take time, a senior WHO official told Reuters. The drive to produce vaccines in Africa is designed to... 

Sinovac in talks about setting up South Africa vaccine production, partner says

By: Reuters     10th September 2021 China's Sinovac Biotech is in talks about setting up a vaccine production facility in South Africa with its local partner, the chief executive of Numolux said on Friday. Hilton Klein made the comments at the launch of the South African leg of a global Phase III trial of Sinovac's Covid-19 vaccine... 

Sasol, UCT confirm progress on catalysts that convert hydrogen, CO2 into green jet fuel 

By: Terence Creamer     6th September 2021 Energy and chemicals group Sasol, which aims to become a leader in South Africa’s promising green hydrogen industry, reports that research advancements have been achieved that are supportive of the conversion of hydrogen and carbon dioxide (CO2) into green jet fuel and chemicals. Made in... 

Photo of research under way at Sasol Research & Technology

Aspen reinstates dividend; in talks to market Covid-19 vaccine in Africa 

By: Marleny Arnoldi     2nd September 2021 JSE-listed pharmaceutical manufacturer Aspen has once again resumed dividends and will pay out R1.2-billion, or 262c apiece, to shareholders for the financial year ended June 30. The group’s normalised earnings before interest, taxes, depreciation and amortisation (Ebitda) for the year came in 3%... 

Aspen group CE Stephen Saad
Aspen group CE Stephen Saad
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