Sasol 'profiteering' from plastic sales

[Amanda Visser] Sasol Chemical Industries (SCI) was making excessive profits from its propylene and polypropylene sales in SA and its position of a low-cost producer should have been reflected in its prices‚ the Competition Commission's former chief economist‚ Simon Roberts said on Tuesday (21 May). 22 May 2013 08:46

Hydrogen fuel cells to be made in SA

Government is aiming to drive up demand for platinum by developing hydrogen fuel cell technology, Science and Technology Minister Derek Hanekom said on Thursday (16 May). 17 May 2013 10:51

SA motor trade sales up 5.1%

Measured at current prices‚ South Africa's motor trade sales increased by 5.1% year-on-year in March according to data released by Statistics SA on Thursday (16 May). 17 May 2013 09:33

Sasol plastic prices "too high" says Lebi

[Amanda Visser] An exponential increase in imports of household plastic products over the past few years and the high domestic prices of polypropylene have been hampering the competitiveness of one of SA's larger manufacturers, Usabco‚ which owns the Addis brand. 16 May 2013 09:19

Sasol heads for the Competition Tribunal

Sasol will appear before the Competition Tribunal from Monday (13 May) on allegations that the company charged excessive prices for materials used in the production of plastics. 10 May 2013 08:55

Production falls - Easter holidays blamed

Manufacturing production fell 2.2% year-on-year (y/y) in March after a slightly revised 2.8% (2.9%) year-on-year decline in February‚ data released by Statistics SA on Thursday (9 May) showed. 10 May 2013 08:41

Energy dept speaks out on PetroSA

PRETORIA: The Department of Energy (DoE) has acknowledged that it is aware of a Hawks investigation into allegations of criminal activity at PetroSA. 2 May 2013 10:03

PetroSA's chairman quits suddenly

PetroSA's chairman Benny Mokaba has quit with immediate effect. 30 Apr 2013 08:37

PetroSA chairperson vacates post

PRETORIA: Chairperson of PetroSA Dr Benny Mokaba has vacated his post, Chairperson of the Central Energy Fund (CEF) Dr Sankie Mthembi-Mahanyele said on Monday, 29 April 2013. Dr Mokaba's departure is effective immediately, said Mthembi-Mahanyele. 29 Apr 2013 13:56

Total invests R140 million in SA upgrades

JOHANNESBURG: In a significant demonstration of its long-term confidence in and commitment to South Africa, fuel and lubricants specialist Total South Africa has announced that it will be investing more than R140 million over the next two years in upgrading its blending plant and expanding the storage capacity of its fuel depot, both located at Durban's Island View Terminal facility. 29 Apr 2013 12:17

PetroSA to review spending audits

The PetroSA board has commissioned a review of audits into spending‚ the parastatal said last week. 29 Apr 2013 10:41

Bitumen no longer such a 'sticky' problem

Fed up with an unstable local bitumen supply, construction firms have begun to invest in securing their own supply of the material, which is an essential part of road construction and maintenance. 29 Apr 2013 08:34

Pick n Pay stores at BP garages

[Sikonathi Mantshantsha] Petrol supplier, BP is to embark on a huge expansion of its forecourt retail offering in South Africa‚ as it partners with Pick 'n Pay to build 120 convenience stores at fuel stations over the next five years. 25 Apr 2013 07:21

Engen purchases more "green" trucks

Engen Petroleum is continuing its greening efforts with a purchase order for nine new trucks that run on 50ppm cleaner automotive diesel oil (ADO). 19 Apr 2013 10:05