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Chemicals

Acting TFR CEO Russell Baatjies and Sasol CEO Fleetwood Grobler (seated at centre) sign the agreement, in front of their respective teams, including (standing from left to right) Mario Klaasen, Loven Naidoo, Bonginkosi Mabaso, Pierre Koch, Pierre Taljaard and Kevin Govender, with Ayanda Mokhesi seated to the left of Baatjies and Brad Griffith and David Mokomela seated to Grobler’s right
Cabinet and business praise Sasol and TFR for ‘first-of-its-kind’ partnership to repair 128 ammonia tankers
29th February 2024 By: Terence Creamer

Both Cabinet and organised business have lauded the five-year public-private partnership agreement between Sasol and Transnet Freight Rail (TFR), under which the energy and chemicals group will... 


TFR acting CEO Russell Baatjies and Sasol CEO Fleetwood Grobler sign the agreement, alongside their respective teams
Sasol to fund TFR’s maintenance of 128 ammonia tankers
28th February 2024 By: Terence Creamer

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... 


AECI CEO Holger Riemensperger
Amid disposals, AECI aligns internationalisation strategy to regions geared for rapid critical minerals growth
28th February 2024 By: Terence Creamer

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... 


Sasol CEO Fleetwood Grobler
Sasol prioritising coal de-stoning investment as it seeks to allay fears over big Secunda output dip
26th February 2024 By: Terence Creamer

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... 


A Sasol sign at its Secunda plant
Sasol reports 34% decline in half-year profit
26th February 2024 By: Reuters

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... 


Sasol Secunda
Sasol warns of lacklustre interim results amid volatile macroeconomic environment
9th February 2024 By: Darren Parker

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... 


AECI CEO Holger Riemensperger
Transformed AECI to go big globally
7th February 2024 By: Rebecca Campbell

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%... 


An image showing the CSIR and GIZ partnership
CSIR, GIZ collaborate on building skills for vaccine manufacturing in South Africa
26th January 2024 By: Tasneem Bulbulia

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... 


Sasol posts firm production performance despite market challenges
25th January 2024 By: Marleny Arnoldi

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... 


An image depicting AECI Group CEO Holger Riemensperger
AECI outlines new strategy as it celebrates its centenary
23rd January 2024 By: Sabrina Jardim

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... 


AECI reorganises executive leadership team
20th December 2023 By: Donna Slater

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... 


A Sasol sign in front of its Secunda complex
Sasol says investors critical of its climate record have ‘flawed understanding’
14th December 2023 By: Bloomberg

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... 


TIPS research fellow Sandy Lowitt.
Second iteration of just transition project framework completed
8th December 2023 By: Schalk Burger

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... 


An image depicting Henkel and Hudson Rubber signing the agreement at the recent NAACAM Show 2023.
Partnership enables local manufacture of vehicle sealing, acoustic solutions
8th December 2023

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... 


Omnia CEO Seelan Gobalsamy
Omnia's Gobalsamy joins the International Fertilizer Association board
4th December 2023 By: Creamer Media Reporter

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... 


Solar panels
Sasol, Air Liquide conclude corporate PPA with Mainstream for 97.5 MW solar project
21st November 2023 By: Terence Creamer

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... 


Omnia CEO Seelan Gobalsamy
Omnia weathers challenges to maintain strong interim financial position
20th November 2023 By: Tasneem Bulbulia

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... 


Simon Baloyi
Baloyi selected to replace Grobler as Sasol CEO
17th November 2023 By: Terence Creamer

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... 


AECI equipment
AECI to sell noncore assets, focus on core mining, chemicals capability
13th November 2023 By: Marleny Arnoldi

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... 


Sasol logo
Old Mutual asks investors to vote down Sasol climate resolutions
10th November 2023 By: Bloomberg

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... 


Omnia’s half-year earnings impacted by macroeconomic challenges, but group remains resilient
7th November 2023 By: Tasneem Bulbulia

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... 


AECI mining projects boost earnings amid other pressures
6th November 2023 By: Marleny Arnoldi

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... 


sasol sign
Sasol defends disclosure of potential decarbonisation shortcomings as responsible corporate citizenship
3rd November 2023 By: Darren Parker

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... 


Omnia CEO Seelan Gobalsamy
Omnia acquires minority stake in Swedish clean explosives company
17th October 2023 By: Marleny Arnoldi

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... 


Tribunal prohibits Sasol’s sale of sodium cyanide business to Draslovka
11th October 2023 By: Creamer Media Reporter

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... 


AECI appoints new CFO
3rd October 2023 By: Creamer Media Reporter

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... 


Toyota Mirai fuel cell electric vehicle (FCEV) was refuelled with hydrogen produced by Sasol, using an Air Products dispensing technology
Fuel cell electric vehicle demonstration seen as catalyst for nascent green hydrogen economy
2nd October 2023 By: Terence Creamer

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... 


Sasol to work with Vertree to access carbon credits, environmental investments
6th September 2023 By: Creamer Media Reporter

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... 


Afro-Zonke commits R2.1bn to chlor-alkali plant in Gauteng
1st September 2023 By: Tasneem Bulbulia

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... 


Secunda operations
Just Share wants Sasol’s appeal for alternative measurement of Secunda’s air pollution rejected
28th August 2023 By: Terence Creamer

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... 


Sasol Secunda
Sasol posts 13% rise in annual profit
23rd August 2023 By: Reuters

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... 


A Sasol sign at its Secunda operations
Sasol to report lower Ebitda, despite operational improvement in H2
14th August 2023 By: Schalk Burger

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)... 


Sustainability spurs new trends in chemicals industry
11th August 2023 By: Sabrina Jardim

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... 


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