Sasol is still assessing the damage from an explosion and fire at its Lake Charles plant in Louisiana a week after the incident. The explosion at the low-density polyethylene unit at Lake Charles on January 13 could be heard across southwest Louisiana …
Unit at Sasol’s Lake Charles plant remains shut after fire Read More »
Integrated chemicals and energy company Sasol on Tuesday confirmed that there had been an explosion and fire at the low-density polyethylene (LDPE) unit at its Lake Charles Chemicals Project (LCCP), in the US. The company said the fire had been extingu…
Fire, explosion latest setback for Sasol’s LCCP Read More »
Most chemical industry executives believe global chemicals merger and acquisition (M&A) activity will continue to increase or stay at high levels, as a global trend of coping with challenging economic conditions.
Management consultancy AT Kearney…
Regional deals to drive merger activity in chemicals sector globally – AT Kearney Read More »
Africa is home to an abundance of natural resources, including platinum, copper, iron, diamonds, silver, gold and uranium; however, mining and processing these resources can be challenging for operators on the continent looking to run efficient mines. …
Clariant presents study on efficiency of chemical collectors for metallurgical recovery Read More »
South African petrochemicals group Sasol said on Monday its joint chief executives, Bongani Nqwababa and Stephen Cornell, will step down following a review of its Lake Charles Chemicals project (LCCP), which has been hit by delays and rising costs. Sas…
Sasol’s joint CEOs to step down following US project glitch Read More »
Sasol said some of its South African plants are under threat from sulfur dioxide emission standards that it will need to comply with by 2025. The company, South Africa’s biggest by revenue, operates plants that convert coal into motor fuel and chemical…
Sasol’s South Africa plants threatened by emission standards Read More »
Diversified chemicals group Omnia will, over the next two years, focus on improving the profit margins of its companies’ services and products, ensuring that its assets and investments deliver value, as well as on pursuing international expansion of in…
Omnia to restructure as it seeks to reduce overextended balance sheet Read More »
Omnia Holdings, a South African chemicals and fertiliser maker, reported a full-year loss on Tuesday as a volatile currency, droughts, changes in the mining industry and difficult global trading conditions dented its business. The company, which also p…
Omnia posts full-year loss on mix of negative drivers Read More »
South African chemicals and fertiliser maker Omnia Holdings said on Friday it expected to report a full-year loss as drought, a volatile currency, changes in the mining industry and difficult global trading conditions weighed on earnings. The firm said…
Omnia flags full-year loss Read More »
Omnia Holdings said on Thursday it would undertake a rights offer of R2-billion in a bid to cut debt. Omnia, which raised funds for two acquisitions and the construction of a new fertiliser plant, said last month it had agreed to restructuring talks wi…
Omnia Holdings to undertake R2bn rights offer Read More »
