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JSE-listed Sasol has signed a five-year public-private partnership (PPP) agreement with Transnet Freight Rail (TFR), under which the energy and chemicals group will fund the maintenance and repair...
JSE-listed AECI, which is undergoing far-reaching restructuring to re-focus on its core mining and chemicals businesses and reduce debt, reports strong initial interest in the six noncore companies...
Energy and chemicals group Sasol has moved to address investor concerns that its yearly production at Secunda will need to fall to only 6.7-million tons for it to meet its goal of reducing the...
Sasol reported on Monday a decline of 34% in half-year profit, mainly due to weaker oil and petrochemical prices as well as higher costs. Sasol, the world's biggest producer of fuels and chemicals...
Energy and chemicals company Sasol has attributed its “underwhelming” upcoming financial results for the six months ended December 31, 2023, to continued volatility in the macroeconomic...
JSE-listed South African multinational AECI aims to be the global number three company in its core market segment of mining explosives and mining chemicals, by 2030. Of the company’s business, 80%...
The Council for Scientific and Industrial Research (CSIR) has partnered with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) on a human capacity development initiative in South...
Petrochemicals giant Sasol says its results and performance for the first half of the 2024 financial year – the six months to December 31 – continued to be impacted on by a volatile macroeconomic...
JSE-listed AECI celebrates its centenary this year, with Group CEO Holger Riemensperger attributing the company’s success to its solution-focussed value proposition and dedication from its...
Diversified group AECI reorganised the structure of its executive leadership team, on December 20, to be more aligned to a corporate business that will enable the delivery of its strategic ambition...
Sasol has hit back at investors who said they would reject its climate-change report at an annual general meeting last month, before it was abandoned because of a protest. The petrochemicals...
Nonprofit economic research institution Trade and Industrial Policy Strategies (TIPS) has developed the second iteration of its framework to identify and measure just transition projects in South...
Chemicals and consumer goods company Henkel South Africa is partnering with Hammanskraal-based rubber and plastics manufacturer Hudson Rubber, in Gauteng, to locally fabricate Henkel’s vehicle...
Global complementary chemical services company Omnia Group's CEO Seelan Gobalsamy has been appointed to the board of the International Fertilizer Association (IFA). The IFA has over 450 members...
A 97.5 MW solar photovoltaic project will be constructed in the Free State following the signing of a 20-year corporate power purchase agreement (PPA) between Mainstream Renewable Power and...
JSE-listed Omnia Holdings’ operations and capital were managed effectively against a backdrop of complex market dynamics, resulting in a strong cash position and balance sheet for the six months...
Chemicals and energy group Sasol has announced the appointment of Simon Baloyi as its new president and CEO effective from April 1, 2024, when he will succeed Fleetwood Grobler, who will continue...
Diversified chemicals solutions company AECI will increase focus on its core mining and chemicals capability and divest noncore businesses. The group aims to double the profitability of its core...
Old Mutual Investment Managers said it plans to vote against a number of resolutions at the Nov. 17 annual general meeting of petrochemicals and fuel company, Sasol , because of its poor...
JSE-listed Omnia expects to report lower headline earnings per share (HEPS), earnings per share (EPS), adjusted HEPS and adjusted EPS from continuing operations for the six months ended September...
An increase in mining explosives sales volumes in Southern Africa, Central Africa and Asia Pacific has helped to keep JSE-listed chemicals group AECI’s revenue and earnings in the nine months to...
Energy and chemicals company Sasol has taken exception to nonprofit organisation Just Share accusing it of shirking its responsibility to meet its previously stated goal of reducing its...
JSE-listed chemicals group Omnia has partnered with Sweden-based Hypex Bio Explosives Technology through the acquisition of a minority stake in the company. Hypex has been developing sustainable...
The Competition Tribunal has issued an order prohibiting the intermediate merger involving the sale of Sasol South Africa’s sodium cyanide business to a Czech Republic-based producer of sodium...
Diversified chemicals solutions company AECI has appointed Rochelle Gabriels CFO and executive director, with effect from September 29. This follows the resignation, in April, of former CFO Aarti...
In a milestone for South Africa’s nascent green hydrogen economy, three large corporates have teamed up to showcase the potential of using domestically produced hydrogen as a zero-emission...
Chemicals and energy group Sasol has signed a three-year agreement to work with international carbon solutions provider Vertree Partners on access to carbon credits and climate investments. In a...
Industrial company Afro-Zonke has committed to investing R2.1-billion in the establishment of a chlor-alkali plant in the Midvaal area of Gauteng. The manufacturing facility is expected to have a...
Sasol’s appeal of the National Air Quality Officer’s (NAQO’s) July 11 refusal to approve an alternative approach for measuring the sulphur dioxide (SO2) emissions from the 17 coal boilers at the...
South African petrochemicals major Sasol posted a 13% rise in annual profit on Wednesday as better operations in the second half offset the impact of weaker crude prices. The company said its...
JSE-listed energy and chemicals multinational Sasol says it expects to report a 2% to 16% year-on-year decrease in adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda)...
With a strong focus on sustainability, a growing trend of fuel switches, opportunities for cogeneration and using by-product streams has emerged in the chemicals industry, says boiler and energy...
Amid ongoing power outages and energy constraints, new approaches to fuel selection and efficiency among chemical plants have become necessary, says boiler and energy plant operations and...
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