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South Africa's AECI heads for Australia

South Africa’s AECI heads for Australia

JSE-listed explosives and specialty chemicals company AECI has signed a five-year deal with Theiss, the world's largest mining contractor. The partnership has the potential to be a game changer for the Australian mining industry, Theiss said on Monday.
Sasol Wax to double local production

AECI buys stake in Indonesian firm

South African explosives and chemicals company AECI has acquired a 42% stake in Black Bear Resources Indonesia for $23-million as part of its plans to expand further into Southeast Asia.

Maths and science the fun way

Over a hundred matriculants flocked to the Ster Kinekor at Sandton City to attend EduC8, an innovative maths and science revision programme where pre-recorded sessions are shown on the big screen.

Tiger Brands unveils second BEE deal

AECI unveils R1.2bn empowerment deal

South African chemicals, explosives and property group AECI has unveiled a R1.2-billion black economic empowerment deal that will see a 11.5% stake in the company being held by an employee share trust and a community share trust.
BEE still dominant in mergers

AECI sells unit to management, workers

South African chemicals, explosives and property group AECI is to sell the nylon light decitex business of SANS Fibres to a consortium including SANS management and workers' trust and the Industrial Developing Corporation, in a deal that will see more than 25% of the new company placed in BEE shareholders' hands.
R97bn for SA's new power plants

AECI eyes power generation

South African chemicals, explosives and property company AECI has proposed a number of ways to tackle the country's electricity shortage, including the possibility of generating power from coal or gas at its Modderfontein site outside Johannesburg.

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