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Chemicals & Pharmaceuticals

Drugmaker Adcock's half year profit rises 30%, eyes new product launches
23rd February 2022 By: Reuters

South African pharmaceutical firm Adcock Ingram plans to launch a range of new products in the next six months to boost revenues and profits, its CEO said, after the company announced a 30% rise in... 


Sasol CEO Fleetwood Grobler
Sasol signs LNG term sheet as it prepares for R20bn-plus coal-to-gas switch at Secunda
21st February 2022 By: Terence Creamer

Energy and chemicals group Sasol has approved development funds for the first phase of a project that is designed to increase the Secunda complex’s ability to use gas instead of coal to produce... 


Libstar disposes of 70% interest in household, personal care businesses
21st February 2022 By: Schalk Burger

JSE-listed packaged goods company Libstar will dispose of a 70% equity interest in its household and personal care businesses, comprising the Contactim and Chet Chemicals divisions, for... 


Ascendis office building
Ascendis narrows losses, continues with recapitalisation plan
18th February 2022 By: Marleny Arnoldi

JSE-listed Ascendis Health managed to narrow its normalised operating loss by 49% year-on-year to a loss of R94-million for the six months ended December 31. The basic loss a share from... 


Commission asks Tribunal to prosecute Roche for alleged excessive pricing of breast cancer treatment drug
9th February 2022 By: Tasneem Bulbulia

The Competition Commission on February 8 filed a referral with the Competition Tribunal for prosecution of Switzerland-based multinational healthcare company Roche Holding and its subsidiaries F... 


Siemens South Africa, Aspen enhancing vaccine production for Africa
7th February 2022 By: Tasneem Bulbulia

Siemens South Africa, Aspen Pharmacare Holdings subsidiary Aspen SA Operations and private sector development financier Deutsche Investitions- und Entwicklungsgesellschaft (DEG) have entered into... 


Ramaphosa, billionaire Soon-Shiong open Cape Town vaccine production campus
4th February 2022 By: Irma Venter

The NantSA vaccine manufacturing campus at Brackengate, in Cape Town, could soon produce its first Covid-19 vaccine, says NantWorks founder and CEO Dr Patrick Soon-Shiong. President Cyril Ramaphosa... 


An engineer using rope access to asses and clean inside a boiler prior to the start of maintenance, with headlamp on
Boiler, burner maintenance key to company success
4th February 2022 By: Halima Frost

The instrumental job of cleaning an industrial boiler or burner prior to maintenance has proven to be an integral part of rope access company Skyriders’ offerings, says marketing manager Mike Zinn.... 


Aspen expects to report higher interim earnings
1st February 2022 By: Schalk Burger

JSE-listed pharmaceuticals company Aspen has advised shareholders that its normalised headline earnings per share (NHEPS) from continuing operations for the six months ended December 31 are likely... 


A photo of Omnia CEO Seelan Gobalsamy
Omnia successfully sells majority stake in Umongo
1st February 2022 By: Darren Parker

JSE-listed diversified chemicals company Omnia Holdings has successfully concluded its divestment from petroleum products producer Umongo Petroleum, which Omnia had identified as noncore during a... 


Adcock expects to report up to 30% improvement in earnings
26th January 2022 By: Darren Parker

Pharmaceutical company Adcock Ingram has advised shareholders that its earnings per share (EPS) and headline earnings per share (HEPS) for the six months ended December 31, were expected to show an... 


Logistics companies ally to enlarge African healthcare network
24th January 2022 By: Darren Parker

Logistics companies Imperial and UbiPharm have joined forces to create an expansive healthcare distribution network across Africa. This strategic alliance is aimed at providing complementary... 


an image of Chieta CEO Yershen Pillay
Modern disruptions priming chemicals industry for new way of doing business – Chieta
19th January 2022 By: Donna Slater

Despite the chemicals industry being the fifth hardest-hit industry globally as a result of supply chain challenges, oil price fluctuations and deglobalisation, the disruption has “primed” the... 


Image of South African President Cyril Ramaphosa and Dr Patrick Soon-Shiong cut the ribbon on the NantSA facility
Ramaphosa, billionaire Soon-Shiong open NantSA vaccine production campus in Cape Town
19th January 2022 By: Irma Venter

The NantSA vaccine manufacturing campus at Brackengate, in Cape Town, could soon produce its first Covid-19 vaccine, says NantWorks founder and CEO Dr Patrick Soon-Shiong. President Cyril Ramaphosa... 


Cannabis plant
Local lab awarded licence to produce active ingredients for cannabis meds
14th January 2022 By: Marleny Arnoldi

The South African Health Products Regulatory Authority (Sahpra) has issued a licence to GESlabs to manufacture cannabinoid pharmaceutical ingredients for use in therapeutic medicines. The company... 


Africa joins race to acquire Pfizer's Covid-19 Paxlovid pills
13th January 2022 By: Reuters

Africa's top public health body said it was in talks with Pfizer about securing supplies of its antiviral Covid-19 pills for the continent, the latest to join the race for a drug seen as a... 


South African study to compare J&J, Pfizer Covid-19 boosters
7th January 2022 By: Bloomberg

Researchers have started recruiting South African health workers to take part in a vaccine trial that will compare the use of Johnson & Johnson and Pfizer Covid-19 shots as boosters. The health... 


A Covid-19 vaccine being administered
Tie pharma CEO pay to fair global Covid-19 vaccine access, investors say
7th January 2022 By: Reuters

A group of institutional investors representing $3.5-trillion in assets under management on Thursday called on pharmaceutical companies to link their executives' pay to making Covid-19 vaccines... 


Adcock expects to report higher interim earnings
14th December 2021 By: Donna Slater

JSE-listed pharmaceutical company Adcock Ingram reports that, owing to an improvement in the trading environment, its earnings a share and headline earnings a share for the six months to December... 


Sahpra approves affordable, locally developed Covid-19 antigen test
9th December 2021 By: Yvonne Silaule

South Africa's fight against Covid-19 has received a boost with the approval by the South African Health Products Regulatory Authority (Sahpra) of a locally developed Covid-19 antigen detection... 


Local cannabis group to list on Germany’s FSE
6th December 2021 By: Marleny Arnoldi

JSE-listed cannabis holdings group Labat Africa’s share price on the JSE rose by 56% on Monday after the company announced it had been approved for a listing on the Frankfurt Stock Exchange (FSE).... 


Filled vaccine vials
Aspen strikes deal with J&J to launch own vaccine, called 'Aspenovax'
30th November 2021 By: News24Wire

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... 


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


Competition Commission prohibits sale of Sasol’s cyanide business
30th November 2021 By: Simone Liedtke

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... 


Unilever South Africa pioneers purple carbon in its homecare products
23rd November 2021 By: Tasneem Bulbulia

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... 


Sasol also aims to repurpose Secunda to produce sustainable products
Sasol aims to begin producing green hydrogen in Sasolburg from 2023
22nd November 2021 By: Terence Creamer

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... 


Ascendis Health continues to consider nonbinding proposals, EoIs for shares
12th November 2021 By: Simone Liedtke

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... 


A photo of President Cyril Ramaphosa
South African Investment Conference moved to March
8th November 2021 By: Schalk Burger

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... 


Transport infrastructure key to African economic growth
29th October 2021 By: Darren Parker

Improved transport infrastructure in Africa would contribute significantly to unlocking the continent’s economic potential, says diversified chemicals group Omnia Holdings group CEO Seelan... 


Just Share continues battle for Sasol to table shareholder-proposed resolution
26th October 2021 By: Simone Liedtke

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... 


CSIR nears launch of 4IR Learning Factory to bolster local skills
CSIR nears launch of 4IR Learning Factory to bolster local skills
25th October 2021 By: Donna Slater

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... 


Pic of Aspen's SVP2 Facility in Port Elizabeth
Aspen starts local manufacture of anaesthetics at flagship Gqeberha site
25th October 2021 By: Simone Liedtke

Trade, Industry and Competition Minister Ebrahim Patel has officially opened multinational specialty pharmaceutical company Aspen’s general anaesthetics production line at its flagship... 


Aspen sells six South African medicines to Swedish company
22nd October 2021 By: Simone Liedtke

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... 


A Charnaud stand at an event with Hazmat suits, Reflective clothing, corporate clothing, gloves, goggles and boots
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.... 


Ascendis' share price rises
19th October 2021 By: Creamer Media Reporter

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. 


Unilever pilots Sunlight soap made with captured carbon
14th October 2021 By: Schalk Burger

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... 


Covid-19 vaccines
Moderna plans to spend $500m on vaccine plant in Africa
7th October 2021 By: Bloomberg

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... 


A photo of a healthworker’s hands filling out a form at a table with Covid-19 vaccinations lined up in the foreground
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... 


A photo of President Cyril Ramaphosa
Unequal access to vaccines a huge risk to a sustained global recovery, says Ramaphosa
28th September 2021 By: Yvonne Silaule

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... 


CSIR, SAMRC partner with US firm on Covid-19, cancer vaccine development
27th September 2021 By: Yvonne Silaule

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... 


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