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Materials & Equipment News
Frank discussion needed about 30% local procurement rule – Macpherson
By: Irma Venter 19th November 2024 The country must have a frank discussion about the 30% local procurement rule, which has been abused by the so-called construction mafia, says Public Works and Infrastructure Minister Dean Macpherson. Macpherson spoke at the National Construction Summit on Crime-Free Construction Sites, held in... →
PPC moving into second phase of its recovery plan
By: Schalk Burger 18th November 2024 JSE-listed cement and construction materials company PPC has started working on the second phase of its turnaround strategy, with the benefits of its first phase evident in its results for the six months to September 30. Despite revenue declining by 4.2% to R5.06-billion, from R5.28-billion in... →
Sustainable Fitch expands Transition Assessment to mining, steel, cement sectors
By: Tasneem Bulbulia 15th November 2024 Sustainable Fitch, a FitchSolutions company, has launched an expanded Transition Assessment analytical product, through the development of new sector-specific methodologies, covering additional hard-to-abate sectors – mining, steel and cement. This is in addition to the Transition Assessment... →
Construction mafia remains a major problem, warns MBA North
By: Irma Venter 15th November 2024 The problem posed by the construction mafia on the ground remains a major stumbling block in the recovery of the construction industry, and especially its ability to create more jobs, says Master Builders Association (MBA) North executive director Mohau Mphomela. “The construction mafia remains... →
Raubex grows interim revenue and profit, declares dividend
By: Schalk Burger 11th November 2024 JSE-listed construction materials and mining company Raubex has increased its revenue by 29.7% to R10.95-billion for the half-year period to end August, up from R8.45-billion in the comparable period of the prior financial year. The group also increased its operating profit by 34.7% to... →
Sephaku grows revenue, net profit in half-year to end September
By: Schalk Burger 8th November 2024 JSE-listed building and construction materials company Sephaku Holdings (SepHold) has reported an increase in group consolidated revenue to R613.8-million for the six months to September 30, up from R626.6-million in the interim period to end September 2023. The company increased its net profit... →
Same standards for imports, quality control needed to revitalise cement and construction
By: Schalk Burger 5th November 2024 To achieve the economic growth necessary to tackle South Africa's very high levels of unemployment, it is vital that the public and private sectors collaborate in launching critical infrastructure projects. However, for this revival to be sustainable, the local cement industry must operate under... →
AECI to sell Much Asphalt for R1.1bn
By: Darren Parker 4th November 2024 JSE-listed AECI has announced the signing of a share purchase agreement with a consortium involving Old Mutual Private Equity (OMPE) and Sphere Investments to sell its entire ownership stake in wholly-owned subsidiary Much Asphalt for an estimated R1.1-billion. The deal will be financed through a... →
Sephaku expects at least 69% increase in interim earnings
By: Marleny Arnoldi 1st November 2024 JSE-listed Sephaku Holdings expects to report an increase of between 69% and 85% in its basic earnings per share (EPS) to between 13.1c and 14.3c for the six months ended September 30. This compares with the basic EPS of 7.74c reported for the first half of the prior financial year. →
Dynapac launches 15 t CA50 Rhino soil compaction machine in South Africa
By: Darren Parker 1st November 2024 Original-equipment manufacturer Dynapac has launched its 15 t CA50 Rhino soil compaction machine in South Africa. The CA50 is part of the broader Rhino range of compaction machines from Dynapac available globally. Dynapac, which celebrates its ninetieth anniversary this year, is part of the Fayat... →
Forklift supplier helps client cut emissions
1st November 2024 Forklift and materials handling equipment supplier Goscor Lift Trucks (GLT) completed the supply of a fleet of 44 Bobcat lithium-ion (Li-ion) forklifts to global logistics company Access World for its Durban-based operations. Switching from diesel to Li-ion forklifts will reduce Access World’s... →
VLM first of its kind in S Africa
By: Halima Frost 1st November 2024 Warehouse storage solutions provider Logistics Systems Engineering (LSE) has successfully designed and installed what it says is South Africa’s first ninth-generation Tornado vertical lifting module (VLM), from pan-European storage products and solutions provider Gonvarri. LSE installed the... →
New storage, logistics facility exceeding expectations
By: Halima Frost 1st November 2024 The new premises of independent logistics service provider Seabourne Logistics, which was meant to be a 11 000-pallet capacity contemporary office and warehouse complex, is now a comprehensive logistics facility accommodating 13 500 pallets, significantly surpassing all expectations since its... →
Construction mafia remains a major problem, warns MBA North
By: Irma Venter 31st October 2024 The problem posed by the construction mafia on the ground remains a major stumbling block in the recovery of the construction industry, and especially its ability to create more jobs, says Master Builders Association (MBA) North executive director Mohau Mphomela. “The construction mafia remains... →
PPC expecting significantly higher interim earnings per share
By: Darren Parker 28th October 2024 Cement producer PPC has notified shareholders that its earnings per share (EPS) and headline earnings per share (HEPS) are expected to be significantly higher for the six months ended September 30 than for the corresponding period a year ago. In an October 28 statement, PPC says it expects EPS to... →
Afrimat posts 45.4% drop in operating profit after ‘extremely stressful’ first half
By: Darren Parker 24th October 2024 Although mid-tier mining and materials company Afrimat recorded a year-on-year revenue increase of 44.3%, from R2.8-billion to R4.1-billion for the six months ended August 31, its operating profit fell by 45.2%, from R534.1-million to R292.7-million. This followed Afrimat’s efforts to bolster its... →
Afrimat Construction Index bounces back in second quarter
By: Irma Venter 4th October 2024 The Afrimat Construction Index (ACI) has managed to bounce back in the second quarter of this year. The ACI is a composite index of the level of activity within the building and construction sectors and is compiled by economist Dr Roelof Botha on behalf of the JSE-listed midtier mining and... →
PPC reports continued decline in revenue from March to July
By: Darren Parker 30th September 2024 JSE-listed cement company PPC has reported a 2.1% decline in revenue for the four months ended July 31, compared with the same period last year. The decline follows PPC’s recent efforts to stabilise its balance sheet, sell non-strategic assets and improve overall profitability and returns on... →
We all feel a lot better about South Africa, says construction group WBHO boss
By: Irma Venter 27th September 2024 Wilson Bayly Holmes-Ovcon (WBHO) is currently in “a good space”, says CEO Wolfgang Neff. “We all feel a whole lot better about South Africa.” →
Barloworld probes possible Russian export control violations
By: Irma Venter 16th September 2024 Barloworld says it has submitted a notification of “voluntary self-disclosure” to the US Department of Commerce’s Bureau of Industry and Security (BIS) on September 5 regarding “potential export control violations that the company is currently investigating, relating to the sales of certain goods... →
Transparent solar glass for generating power from building facades launched in South Africa
By: Darren Parker 13th September 2024 Through a collaboration between Australian glass solar technology developer ClearVue and local technology distributor Concept Business Solutions, a novel transparent glass solar panel technology for use in building facades has been launched in South Africa. Concept Business Solutions will be the... →
Afrimat Construction Index bounces back in second quarter
By: Irma Venter 12th September 2024 The Afrimat Construction Index (ACI) has managed to bounce back in the second quarter of this year. The ACI is a composite index of the level of activity within the building and construction sectors and is compiled by economist Dr Roelof Botha on behalf of the JSE-listed midtier mining and... →
We all feel a lot better about South Africa, says WBHO boss
By: Irma Venter 11th September 2024 Wilson Bayly Holmes-Ovcon (WBHO) is currently in “a good space”, says CEO Wolfgang Neff. “We all feel a whole lot better about South Africa.” →
Macpherson signs two declarations of intent with Chinese groups
By: Irma Venter 6th September 2024 Public Works and Infrastructure Minister Dean Macpherson concluded his visit to China this week by signing two declarations of intent with the China Communications Construction Company (CCCC), as well as ASI Global. Macpherson travelled to China as part of an official State visit by President... →
New plant to increase manufacturer’s recycling capacities
30th August 2024 UK-based aluminium extrusion specialist Exlabesa announced that it would expand its aluminium recycling capacities by implementing an additional continuous homogenising plant from special aluminium machinery and equipment designer Hertwich Engineering. Exlabesa is expanding production at its... →
Headway made on fire-combating tech, new facility
30th August 2024 Ultra-high purity alumina (HPA) and related aluminium materials manufacturer Alpha HPA is making significant headway with its breakthrough technology to combat rising lithium-ion (Li-ion) battery fires, with flame-testing confirming the safety benefits of its UltraCoat process. →
South Africa’s scrap recycling lags behind global trends
By: Halima Frost 30th August 2024 It is undeniable that aluminium is one of the most recyclable materials in circulation globally, with about 75% of the total 1.5-billion metric tonnes of aluminium generated to date still in use, says industry representative organisation Aluminium Federation South Africa CEO Muzi Manzi. He adds... →
Metso and Betterect showcase 50-m-diameter thickener
28th August 2024 Mining equipment manufacturer Metso and steel fabricator Betterect showcased the 50-m-diameter high-rate thickener they made for a mining client at Betterect's premises. →
Hitachi introduces new-gen excavator, backhoe loader to Southern Africa
By: Marleny Arnoldi 26th August 2024 Japanese multinational Hitachi’s African business, Hitachi Construction Machinery Africa (HCAF), is making available to the Southern African market the Zaxis 7G Series excavator and the BX100 Shinrai-Power backhoe loader. These machines introduce higher efficiencies and increased safety for the... →
PPC signs agreement for solar energy at its Slurry, Dwaalboom plants
By: Darren Parker 12th August 2024 Cement manufacturer PPC has partnered with renewable-energy project developer Sturdee Energy for the construction and management of two 10 MW solar plants to provide supplemental power for PPC’s Slurry and Dwaalboom facilities in the North West province. The partnership signals a move towards... →
Sizeable land crane being launched in Netherlands
By: Halima Frost 2nd August 2024 The behemoth SK6000 land crane being manufactured by heavy lifting and transport specialists Mammoet at its Westdorpe facility in the Netherlands will be launched later this month. The company says the SK6000 ring crane will “redefine modular construction methodologies” across the heavy lifting... →
Embrace tech but retain focus
2nd August 2024 Given the wave of technology and process innovation currently sweeping the construction industry, it is important to stay focused on the goal of all innovation, says original-equipment manufacturer Barloworld Equipment South Africa operations executive Bongani Miya. He explains these goals are to... →
New loaders arrive in S Africa
By: Halima Frost 2nd August 2024 South African earthmoving equipment manufacturer and supplier Bell Equipment has successfully taken delivery of 55 new backhoe loaders, imported from multinational JC Bamford (JCB), in India, this month. Most of the JCB 3CX backhoe loaders have already been allocated to locally-based Bell... →
PPC receives Comesa approval for disposal of Cimerwa to National Cement
By: Schalk Burger 25th July 2024 Cement producer PPC has received approval from the Common Market for Eastern and Southern Africa (Comesa) for the disposal of its 51% interest in Rwandan cement producer Cimerwa to National Cement for a cash consideration of $42.5-million. The transaction closed on January 25 and the disposal... →
Cape Town’s Atlantis SEZ aiming to become green-industry heartland
By: Rebecca Campbell 19th July 2024 This month, July, will see the Greentech-focused Atlantis Special Economic Zone (ASEZ) mark two milestones, namely the breaking of ground for the first new factory to be built there, and the start of refurbishment of the site’s one pre-existing factory (which is owned by the ASEZ company). Civil... →
CE marked washer range offered by distributor
12th July 2024 The Swedish wedge-locking solutions manufacturer Nord-Lock range of securing washers, distributed and supported by industrial equipment supplier BMG, is reportedly the only brand on the market that currently displays the European CE quality mark of approval. “The prestigious CE marking is... →
New concrete fastener meets high-load demand
12th July 2024 Global fastener solutions manufacturer fischer India announced the launch of its pre-positioned undercut anchor, or FSU, which is a “ground-breaking addition” to fischer's line-up designed to meet the demands of high-load applications in concrete. “This innovative anchor not only delivers... →
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