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Chemicals News
Global trading platform key to unlocking competitiveness of green hydrogen 
By: Terence Creamer 9th September 2020 International cooperation will be key to unlocking the competitive production of green hydrogen as global trade will be required to link those countries, such as South Africa, that are best suited to producing the energy carrier, using a combination of low-cost renewable energy, water and... →
Sasol gives insight into its automation, digital journey
By: Simone Liedtke 9th September 2020 Implementing a digital transformation strategy is a “must”, rather than an option, and is driven by both external and internal forces, petrochemicals company Sasol Chemicals digital lead Oratile Sematle said on September 8. Speaking during an automation-themed webinar as part of this year’s... →
Company patents extraction method
4th September 2020 Canadian-listed rare earth clean technologies developer Geomega Resources’ patent application US15/578,498 titled, ‘A system and a method for metallurgical extraction of rare earth elements (REE) and niobium’, was approved by the United States Patent and Trademark Office in June. →
New reagent increases recovery of phosphate
By: Theresa Bhowan 4th September 2020 Chemical reagents supplier and distributor Axis House has launched an extension to its phosphate range to include defoamer and decadmiation products in addition to the existing Rinkalore collector range for phosphate flotation. →
Albemarle selected for lithium research projects
By: Creamer Media Reporter 3rd September 2020 NYSE-listed Albemarle has been selected by the US Department of Energy (DoE) as a partner for two lithium research projects over three years through a Battery Manufacturing Lab Call. Albemarle will work in conjunction with two DoE labs on the company's approved projects. →
Sasol shuts troubled Lake Charles plant as hurricane approaches
By: Bloomberg 27th August 2020 Sasol, the fuel and chemicals maker, will shut its $13-billion Lake Charles Chemicals Project due to Hurricane Laura making landfall on the US Gulf Coast. “Given Hurricane Laura’s forecast path,” Sasol will temporarily close down its facilities at Lake Charles, Louisiana, as well as Greens Bayou... →
Trevisiol to lead First Cobalt refinery project
By: Creamer Media Reporter 17th August 2020 TSX-V-listed First Cobalt has appointed Mark Trevisiol as VP, project development as the company prepares for the construction and commissioning of its refinery in Ontario, Canada. Trevisiol, who spent more than 20 years with Glencore predecessor companies Falconbridge and Xstrata Nickel, will... →
Sasol’s new-look strategy will seek to ‘reset’ group for low-carbon world
By: Terence Creamer 17th August 2020 Embattled chemicals and energy group Sasol aims to officially unveil its new-look strategy, dubbed Future Sasol, later this year. It has already indicated, however, that the plan will seek to reposition the 70-year-old company, built around a highly carbon-intensive technology that converts coal... →
Sasol will execute rights issue in 2021 calendar year as it refines ‘ticket size’
By: Terence Creamer 17th August 2020 Debt-laden chemicals and energy group Sasol confirmed on Monday that it was preparing to execute a rights issue during the second half of its 2021 financial year, despite reporting that it was on track to deliver disposals of greater than $2-billion and exceeding its initial cash conservation... →
Sasol CEO Fleetwood Grobler
Sasol swings to R91.3bn annual loss on lower oil prices, writedown
By: Reuters 17th August 2020 South African petrochemicals group Sasol reported an annual loss on Monday, hit by a writedown of R111.6-billion and a drop in oil and chemical prices due to the coronavirus outbreak. The world's top producer of motor fuel from coal reported a loss of R91.3-billion for the full year ended June... →
Sasol warns of dramatic earnings collapse as it confirms R112bn impairment
By: Terence Creamer 11th August 2020 Chemicals and energy group Sasol warned of a dramatic collapse in its 2020 financial performance on Tuesday, confirming that losses for the period would represent a deterioration of more than 100% when compared with results reported for the 2019 financial year. The decline, the company told... →
Forums advancing women representation
By: Mamaili Mamaila 7th August 2020 Specialty chemicals company Clariant – which is focused on sustainability and innovation – strongly believes in diversity and inclusion within the company. →
Sasol sets sights on large-scale renewables procurement as it pulls trigger on embedded generation projects 
By: Terence Creamer 4th August 2020 Chemicals and energy group Sasol intends issuing, during its current financial year, a request for proposals (RFP) for wind and solar projects with a combined capacity of between 200 MW and 300 MW having received a strong response to a market-testing request for information (RFI) issued in May.... →
Sasol's Secunda complex stands in the background with power lines in the foreground
Sasol to sell world's biggest oxygen production site to Air Liquide
By: Marleny Arnoldi 29th July 2020 JSE-listed petrochemicals company Sasol has signed a negotiation agreement with industrial gas company Air Liquide for the sale of Sasol South Africa’s 16 air separation units (ASUs), in Secunda. The ASUs, with a 42 000 t/d capacity, provides oxygen for Sasol’s fuels and chemical production... →
Partnership formed to distribute hand sanitisers to vulnerable communities
By: Donna Slater 23rd July 2020 Precious metals miner Sibanye-Stillwater, gold miner AngloGold Ashanti, energy and chemicals company Sasol and logistics company Imperial Logistics have formed a strategic partnership to distribute hand sanitisers to school health facilities and taxi ranks. As part of the partnership, Sibanye... →
Menar’s R250m cash-funded solar-served East Manganese project is under way 
By: Martin Creamer 23rd July 2020 Initial project activities are under way at the R250-million cash-funded East Manganese project in Hotazel, Northern Cape, where the hot sun will be harvested to provide solar power to the mine’s infrastructure. The development forms part of the company’s strategy of building a manganese... →
Sasol expects delay in last unit in US project to come onstream
By: Reuters 23rd July 2020 Sasol said on Thursday a unit damaged by fire at its Lake Charles Chemical Project (LCCP) should reach meaningful output by October, a month later than previous guidance. Even before a fire earlier this year, the Louisiana plant, which converts natural gas into plastics ingredient ethylene, had... →
Nevada Zinc inks collaboration agreement with partner in US agriculture industry
By: Simone Liedtke 13th July 2020 TSX-V-listed Nevada Zinc has entered into a collaboration agreement with US granular micronutrients producer and distributor Cameron Chemicals. Granular micronutrients are used for the agricultural, turf, and horticultural industries with manufacturing facilities in the states of Virginia,... →
Omnia more than halves debt as stabilisation plan is concluded
By: Donna Slater 7th July 2020 JSE-listed diversified chemicals group Omnia Holdings reports that it achieved solid results for the financial year ended March 31, noting that this reflected the finalisation of the group’s stabilisation plan which included the successful recapitalisation of the business. Omnia’s balance sheet... →
Air Products and thyssenkrupp sign green hydrogen agreement
By: Schalk Burger 6th July 2020 NYSE-listed industrial gases multinational Air Products and industrial technology multinational thyssenkrupp on July 5 announced that they had signed an exclusive strategic cooperation agreement to develop world-scale electrolysis plants to generate green hydrogen. The two companies will... →
Sasol gives up licence to seek offshore gas in Mozambique
By: Reuters 5th July 2020 South African petrochemicals giant Sasol has opted to give up its licence to explore for gas off the Mozambique coast, the company said on Sunday. "Sasol will return Block 16/19 in its entirety to the Government of Mozambique. To this end, a withdrawal notification has already been sent to the... →
Sasol narrows immediate asset-disposal focus to ‘top ten’ list
By: Terence Creamer 3rd July 2020 Chemicals and energy group Sasol has developed a list of ten major assets that will be prioritised for sale in the coming weeks and months as it moves to streamline the business into what is being termed ‘Sasol 2.0’, while also raising proceeds to help it reduce a $9.5-billion debt burden. In... →
Sasol CFO Paul Victor
Sasol’s asset sale programme advances with bids due for pipeline
By: Bloomberg 29th June 2020 Sasol expects binding bids within weeks for its stake in a natural gas pipeline running from Mozambique to South Africa, as the company accelerates asset sales to pay off debt, according to people familiar with the process. The bidding round underway for the Rompco 865 km gas pipeline stake... →
Sasol’s Guerbet unit at Lake Charles achieves beneficial operation
By: Tasneem Bulbulia 23rd June 2020 JSE-listed Sasol reports that the Guerbet alcohols unit at its Lake Charles Chemicals project (LCCP), in Louisiana, in the US, achieved beneficial operation on June 19. This is Sasol’s second Guerbet alcohol production site, with the other located in Brunsbuettel, Germany. →
Omnia expects to swing to full-year earnings
By: Donna Slater 22nd June 2020 Chemicals manufacturer Omnia expects to report earnings a share of between 65c and 130c for the financial year ended March 31. This represents an improvement of 111% to 121% on the loss a share of 609c reported for the prior financial year. →
Piedmont's North Carolina plans unveiled
By: Esmarie Iannucci 26th May 2020 Studies by ASX-listed Piedmont Lithium has delivered a viable alternative source for lithium hydroxide based out of the US. Piedmont on Tuesday revealed that a prefeasibility study (PFS) into a proposed lithium hydroxide chemicals plant in Kings Mountain, in North Carolina, had proven the... →
Full reopening of mining from June 1 – President Ramaphosa
By: Martin Creamer 24th May 2020 Subject to strict Covid-19 protocols, mining will be allowed to reopen fully from June 1, President Cyril Ramaphosa said on Sunday. In his address on South Africa’s response to the coronavirus pandemic, the President announced that South Africa would advance to level 3 from June 1, with an... →
President Cyril Ramaphosa
Sasol to mull adding pipeline, Qatar plant to disposal plan
By: Bloomberg 15th May 2020 Sasol is considering additional divestments, including the potential sale of stakes in an African gas pipeline and a Middle Eastern plant, as it explores ways to reduce its $10-billion debt pile, people with knowledge of the matter said. South Africa’s biggest company by revenue is working with... →
Chamber paints bleak future
By: Tracy Hancock 15th May 2020 There remains no incentive for further investment in copper-rich Zambia’s mining industry, says the association for mining and allied companies Zambia Chamber of Mines (ZCM). In January, Mines and Minerals Development Permanent Secretary Barnaby Mulenga said government was upbeat about the... →
CEF denies nine ‘requests’ for support amount to a bailout
By: Terence Creamer 12th May 2020 South Africa’s State-owned Central Energy Fund (CEF) has outlined an extensive list of support measures – including access to a portion of the fuel levy and carbon-tax proceeds – which it argued on Tuesday would help extricate the group from a “precarious financial position”, precipitated by... →
The PetroSA refinery in Mossel Bay
Water cleaning system modified for SA’s AMD
By: Theresa Bhowan 8th May 2020 Following its attendance at the Investing in African Mining Indaba in February and, having previously conducted research on the country’s acid mine drainage (AMD) problem, Finland-based company EPSE is now involved in several mine water purification projects in South Africa. “The mining industry... →
Judgment reserved at Mining Charter review hearing
By: Martin Creamer 7th May 2020 A full bench has heard the application for a judicial review of certain aspects of the Mining Charter gazetted in September 2018. Judge President Mlambo, judges Vally and Van Der Schyff reserved judgment on the application lodged by the Minerals Council South Africa on March 27, 2019, when the... →
Minerals Council South Africa building in central Johannesburg.
Ontario refinery aims to disrupt existing cobalt supply chain
By: Mariaan Webb 5th May 2020 TSX-V-listed First Cobalt has announced positive feasibility study results for its cobalt refinery expansion project, in Canada, marking a key milestone in its efforts to disrupt the existing cobalt supply chain. The study shows strong asset-level economics that position the refinery to be... →
Sasol cuts output as Covid-19 eats into fuels and chemicals demand
By: Terence Creamer 23rd April 2020 Embattled chemicals and energy group Sasol reports that South Africa’s lockdown is having a significant impact on fuel demand, as well as demand for chemicals used in the mining and construction sectors. The JSE-listed group has, therefore, been forced to curtail production at certain plants. In... →
Masters takes top job at Albemarle
By: Donna Slater 21st April 2020 Following the retirement of specialty chemicals company Albemarle’s chairperson, president and CEO Luke Kissam, who had to leave owing to health reasons, the company on Monday appointed, with immediate effect, Kent Masters as new chairperson, president and CEO. Kissam will stay on through June... →
Govt permits Tharisa to continue to operate with fewer personnel
By: Martin Creamer 9th April 2020 Chrome and platinum group metals (PGM) mining company Tharisa has received government permission to continue operating with a reduced number of personnel during the Covid-19 lockdown. Revealing this with its release on Thursday of second-quarter results for the three months to March 31, Tharisa... →
Tharisa CEO Phoevos Pouroulis
Transnet scales back to only essential services, operations
By: Simone Liedtke 27th March 2020 In line with government’s implementation of a three-week lockdown of the country to reduce the spread of the Covid-19 virus, State-owned entity Transnet will be scaling down its transportation services and operations of non-essential cargo during this period. After consultation with various... →
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