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LNG market sees increased clean energy demand
24th April 2020 Global demand for liquefied natural gas (LNG) increased by 12.5% to 359-million tonnes last year, which is a significant increase that bolsters LNG’s growing role in the transition to a lower carbon energy system. This is according to a LNG outlook report that was published by natural gas and... →
Acquisition enhances ability to service mining sector
By: Cameron Mackay 17th April 2020 Operations management consulting firm DuPont Sustainable Solutions (DSS) has acquired the assets of global consulting firm Lodestone Partners. The acquisition, effective as of February 29, reportedly deepens DSS’s knowledge and capacity for operational excellence, particularly in the natural... →
Sector rich in opportunities, despite recent trends
27th March 2020 In South Africa, as well as globally, there has been a trend towards renewable energy sources and away from thermal coal. Empowered coal miner Seriti Resources CEO Mike Teke states that, as the company aims to become State-owned power utility Eskom’s largest coal supplier and also has hopes to... →
Consultancy predicts potential downcycle for petrochemicals industry
13th March 2020 Chemicals consultancy group Wood Mackenzie predicts the start of a downcycle in China’s petrochemicals industry. A supply overhang has hit the country’s paraxylene (PX) market, with olefins and polyolefins markets almost certain to follow. →
Palladium, rhodium prospects strong
By: Cameron Mackay 7th February 2020 While palladium and rhodium prices increased last year and continue to do so this year, prices are expected to stabilise and decrease once political factors and tension in the global economy decline. Despite this, international commodities consultancy Core Consultants MD Lara Smith notes that the... →
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