IHS Chemical Week

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South Africa (126)


SOUTH AFRICA

Sasol appoints new executive director and CFO
Sasol announced today that it has appointed Bongani Nqwababa as executive director and CFO effective 1 March 2015. Nqwababa has been an independent nonexecutive director and a member of Sasol's audit committee since 5 December 2013. He has been the finance...

Sasol chemical profits up on strong olefins and surfactants, improved polymers
Operating profits for Sasol’s chemical cluster increased 178% during the fiscal year ending June 2014, the company says, to a total of rand 8.41 billion ($770 million). Transfers unrelated to sales accounted for half of the gain, but strong performance in the olefins & surfactants (O&S) and solvents businesses plus improvements in polymers contributed the remainder. Total chemical revenues increased 17% to rand 111.7 billion....

Jinko Solar opens photovoltaic panels plant in South Africa
New York Stock Exchange–listed Jinko Solar (Shanghai), the fourth-largest solar photovoltaic manufacturer in the world, on Tuesday opened a solar photovoltaic module manufacturing plant at Cape Town, the company’s first outside China...

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...

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