https://newsletter.en.creamermedia.com
Efficiency|Explosives|Mining|Operations
Efficiency|Explosives|Mining|Operations
efficiency|explosives|mining|operations

AECI's disposal of Schirm USA completed

29th August 2025

By: Creamer Media Reporter

     

Font size: - +

Chemicals and mining explosives company AECI has confirmed to shareholders that the disposal of Schirm USA for $40-million was completed on August 28.

The proceeds from the sale will be used in line with AECI's capital allocation framework.

AECI in late 2023 announced plans to restructure the company to focus on its core AECI Chemicals and AECI Mining businesses and divest from managed businesses that offer limited synergies with the chosen core businesses.

This strategic shift aims to streamline operations, enhance efficiency and leverage in-house expertise by concentrating efforts on areas where AECI has a competitive advantage and strong market potential, the company states.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Comments

Showroom

Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 
SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 07 November 2025
Magazine round up | 07 November 2025
7th November 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.249 0.351s - 214pq - 2rq
Subscribe Now