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South Africa (123)


SOUTH AFRICA

Total sells South African coal mining assets
Total announced today that it has signed an agreement with Exxaro Resources (Pretoria) to sell its 100% stake in Total Coal South Africa (TCSA), its coal-producing affiliate in South Africa, for $472 million. The sale is subject South African authorities'...

AECI aquires Clariant’s water treatment business in Africa
Clariant says it completed the previously announced sale of its water treatment business in Africa to AECI (Johannesburg) on 30 June. AECI acquired the business for 34 million Swiss francs ($38.3 million) in cash at closing. Plans for the deal were first...

South Africa penalizes Sasol $50 million for overcharging for propylene, PP
The Competition Tribunal of South Africa today imposed a combined 534-million South African rand ($49.9 million) penalty for excessive pricing of propylene and polypropylene (PP) from January 2004 to December 2007. The tribunal has found Sasol Chemical...

DuPont opens regional technology center in South Africa
DuPont says that CEO Ellen Kullman has opened a newly expanded research facility at Delmas, South Africa, that will serve as the core of the company's regional technology center. The center is designed to help advance DuPont’s ongoing efforts to...

Foster Wheeler acquires South African engineering firm
Foster Wheeler announced today that it has entered into a an agreement with MDM Engineering Group (Johannesburg) to acquire all of the ordinary shares and options in issue of MDM Engineering in a cash transaction valued at approximately $109 million. The...

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