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Chemicals

Entries for Sasol Business Accelerator programme now open
28th May 2020 By: Donna Slater

Petrochemicals and chemicals manufacturer Sasol reports that it has opened entries for small, medium-sized and microenterprises (SMMEs) in the manufacturing, engineering services and recyclables... 


SUSTAINABILITY MATTERS 
Identifying the environmentally sensitive areas on-site early during the design phase can increase the probability of a sustainable and integrated development
Integration vital for construction-project life cycle
22nd May 2020 By: Mamaili Mamaila

There is a need for integration between the engineering design and environmental processes, before the final submission stage of a project, to avoid the possibility of environmental authorisation... 


DIG A LITTLE DEEPER 
The environmental aspects of concrete parking lots, should not be overlooked
More to concrete parking lots than meets the eye
22nd May 2020 By: Mamaili Mamaila

Concrete offers several major advantages when building parking areas, says industry body The Concrete Institute (TCI) MD Bryan Perrie. 


WATER WORKS 
Benoni’s Northmead elevated water reservoir is the largest elevated type in Gauteng and one of the biggest in South Africa
Company supplies products for new Gauteng reservoirs
22nd May 2020 By: Mamaili Mamaila

A variety of products supplied by construction products specialist a.b.e. Construction Chemicals are being used for several new major water reservoir projects currently under construction in Gauteng. 


BACK TO THE WALL 
SanteQ's walling systems use between 80% and 90% recycled and waste materials
System gaining traction in building conversion projects
22nd May 2020 By: Mamaili Mamaila

Alternative building technology solutions provider SanteQ Liteweight Building Technology’s bespoke Plaswall building technology provides for simple and rapid installation using unsophisticated skills. 


Sasol to mull adding pipeline, Qatar plant to disposal plan
15th May 2020 By: Bloomberg

Sasol is considering additional divestments, including the potential sale of stakes in an African gas pipeline and a Middle Eastern plant, as it explores ways to reduce its $10-billion debt pile,... 


IRREPLACEABLE SOLUTIONS
The initial coating of new valves as well as their efficient repair results in fewer valve replacements
Valves maintenance still a challenge
15th May 2020 By: Mamaili Mamaila

Although demand for valves has increased over the past five years, maintenance costs, efficiency and valve service life are some of the challenges that companies face yearly, says coating... 


The PetroSA refinery in Mossel Bay
CEF denies nine ‘requests’ for support amount to a bailout
12th May 2020 By: Terence Creamer

South Africa’s State-owned Central Energy Fund (CEF) has outlined an extensive list of support measures – including access to a portion of the fuel levy and carbon-tax proceeds – which it argued on... 


DON’T BLOW A GASKET
The new room temperature vulcanising silicone gasket maker compound is temperature resistant from -50 ºC to 300 ºC for short periods
Good agricultural sales expected post lockdown
1st May 2020 By: Darren Parker

The outbreak of Covid-19 and the consequent initial 21-day national lockdown in South Africa, which has since been extended by two weeks, caused a slowdown in sales for almost every sector in South... 


Pipeline repair continues despite Covid-19
24th April 2020

Repair of the Mt Albert high-pressure sludge pipeline is a critical project for city council Wellington’s wastewater network in New Zealand, and one that Wellington Water is committed to... 


Biodx says use of biotech disinfectant products can help in fight against Covid-19
21st April 2020 By: Donna Slater

Johannesburg-based biological technology (biotech) and disinfectants company Biodx CEO Burt Rodrigues says that while the Covid-19 pandemic will change the world in the short and long term, a... 


Sasol Natref
Sasol says Natref refinery to be temporarily shut, synfuels output reduced
8th April 2020 By: Tasneem Bulbulia

The national Covid-19 lockdown has resulted in an unprecedented decline in fuel demand in South Africa. Chemicals company Sasol and Total South Africa have, therefore, decided to suspend production... 


New chair of financially beleaguered Necsa outlines priorities
New chair of financially beleaguered Necsa outlines priorities
3rd April 2020 By: Rebecca Campbell

The financially-beleaguered South African Nuclear Energy Corporation (Necsa), which falls under the Department of Mineral Resources and Energy (DMRE), had a new board appointed in late January, to... 


Sasol advises of capacity reductions, further credit downgrades
Sasol advises of capacity reductions, further credit downgrades
31st March 2020 By: Marleny Arnoldi

Although JSE-listed chemicals company Sasol is permitted to operate during South Africa’s lockdown period, ending April 16, it has advised that some plants will be operated at lower capacity, or... 


Sasol ramps up sanitiser chemicals production
Sasol ramps up sanitiser chemicals production
30th March 2020 By: Marleny Arnoldi

JSE-listed petrochemicals giant Sasol has developed a new unique blend of alcohol-based chemicals to be used in the manufacture of hand sanitisers to help address the increase in market demand for... 


Foskor clarifies it will continue with operations amid lockdown
25th March 2020 By: Marleny Arnoldi

Phosphates and phosphoric acid producer Foskor has advised that it will continue with mining activities in Phalaborwa and its processing operations in Richards Bay, owing to it being an essential... 


Sasol CEO Fleetwood Grobler (left) and CFO Paul Victor
Size of possible Sasol rights issue hangs on asset-disposal and savings progress
17th March 2020 By: Terence Creamer

The eventual size of Sasol’s possible rights issue – tentatively capped at $2-billion – will depend on progress the group makes in the coming months with its cash-conservation and asset-disposal... 


Sasol includes $2bn rights-issue option in plan to reset capital structure
Sasol includes $2bn rights-issue option in plan to reset capital structure
17th March 2020 By: Terence Creamer

Debt-laden chemicals and energy group Sasol announced on Tuesday that it could pursue a $2-billion rights issue as a “supplemental initiative” in the event that cash-conservation initiatives and... 


Shares in South Africa's Sasol jump nearly 30% as oil price recovery sparks buying
13th March 2020 By: Reuters

Shares in South African petrochemicals group Sasol surged nearly 30% on Friday as a recovery in oil prices sparked buying of the stock, which was pummelled in the previous session. Brent crude... 


REACHING NEW HEIGHTS
Skyriders created a methodology and risk assessments for this maintenance project, including a trial run finished last October, and the actual maintenance undertaking in November
Company reaches new heights with award
13th March 2020 By: Cameron Mackay

Height management solutions providers Skyriders received an award from a major petrochemicals producer in December last year for achieving significant reductions in its maintenance costs and... 


CLEANING VARIATION

While above the floor cleaning tasks remain similar, variations in floor types require different products and methodologies for maintenance or restoration
Supplier offers complete solution to university
13th March 2020 By: Cameron Mackay

Local cleaning chemicals supplier Industroclean’s ability to provide holistic cleaning solutions enables it to offer the University of Cape Town (UCT) a one-stop-shop cleaning chemicals solution.... 


TURBULENT MARKETS

Weak global economic growth, the US-China trade war, a decrease in automobile production and a booming electronic-commerce industry influenced China’s polyolefins market last year
Consultancy predicts potential downcycle for petrochemicals industry
13th March 2020

Chemicals consultancy group Wood Mackenzie predicts the start of a downcycle in China’s petrochemicals industry. A supply overhang has hit the country’s paraxylene (PX) market, with olefins and... 


DECARBONISING INDUSTRY

Efforts from government and industry are needed to address carbon emissions from chemical and petrochemical production and the use and disposal of chemical products
Carbon storage vital to chemicals projects
13th March 2020 By: Cameron Mackay

With the global drive to meet climate targets and mitigate the devastating effects of climate change, carbon capture and storage (CCS) is a vital emissions reduction technology for the chemicals... 


Johannesburg stocks plunge most since 1997 in ‘panic’ sell-off
12th March 2020 By: Bloomberg

South Africa’s benchmark stock index plunged the most since the market crash of October 1997 as reaction to US measures aimed at curbing the spread of the coronavirus accelerated the sell-off... 


Sasol’s record plunge boosts speculation of a rights issue
10th March 2020 By: Bloomberg

Sasol’s record share plunge on Monday, coming as the oil price slumped and just days after the company credit rating was cut to junk by Moody’s Investors Service, is raising concern among investors... 


Sasol leads South African stocks to 4-year low as oil crash hits global markets
Sasol leads South African stocks to 4-year low as oil crash hits global markets
9th March 2020 By: Reuters

South African stocks plunged to a more than four-year low on Monday, joining a global sell-off in riskier assets as oil prices collapsed more than 30%, hitting chemical and energy firm Sasol the... 


Moody’s downgrades Sasol amid volatile market conditions
6th March 2020 By: Simone Liedtke

Ratings agency S&P Global Ratings has affirmed petrochemicals company Sasol’s BBB-/A-3 credit rating, but fellow ratings agency Moody’s has downgraded Sasol’s credit rating to Ba1/NP, the latter... 


Omnia announces group FD
2nd March 2020 By: Creamer Media Reporter

Chemicals group Omnia has appointed Stephan Serfontein group FD, effective March 1. Serfontein, a chartered accountant, has been with the group since January 2012 and was previously part of the... 


AECI CEO Mark Dytor
AECI’s Mining Solutions business boosts group profitability in 2019
25th February 2020 By: Marleny Arnoldi

JSE-listed chemicals manufacturer AECI reported growth in all its operating segments in the year ended December 31, and managed to achieve 10% growth in its headline earnings per share (HEPS).... 


Sasol CFO Paul Victor
Sasol pulls back on capex as it seeks to deleverage from ‘peak gearing’
24th February 2020 By: Terence Creamer

Energy and chemicals group Sasol has indicated that its capital expenditure (capex) will continue to taper during its 2020 and 2021 financial years as the group seeks to deleverage a balance sheet... 


Sasol holds back on dividend as it reports big H1 earnings slump
Sasol holds back on dividend as it reports big H1 earnings slump
24th February 2020 By: Terence Creamer

Energy and chemicals group Sasol reported a 72% slump in earnings to R4.5-billion in the six months to December 31, 2019, compared with the prior period. Headline earnings a share, meanwhile,... 


SNEAKY LEAKS
Refrigeration systems charged with odourless CO2 need to be monitored with sensors to ensure leaks do not compromise air quality in enclosed spaces
Skills shortage plagues natural refrigerant sector
14th February 2020 By: Darren Parker

One of the most pertinent issues facing the local heating, ventilation, air-conditioning and refrigeration (HVAC-R) industry is the lack of specialised skills needed for the systematic adoption of... 


Demand surging for 100% waterless car cleaning product
14th February 2020 By: Tracy Hancock

Developed by automotive enthusiasts in response to Africa’s water crisis, demand for Premier Wash & Wax is growing monthly as more people become conscious of the need to conserve water and fall in... 


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