AECI eyes bigger move into Brazil, also keen on Nigeria expansion

, He said that acquisitions worth about $150-million "may be" in the pipeline in Brazil’s chemical sector in the future. “We have been in Brazil in the past four years, have learnt lessons and are at a point where we believe we can now make a bigger move into Brazil.”

But, Edwards described a move into Brazil as “opportunistic” in nature, as most of the businesses were fully priced, and as such, any strategic move required a business model that would add value.

The company is also focused on expanding into Africa, where Edwards identified significant opportunities to grow and develop the chemical business, particularly in the oil and gas rich nation of Nigeria.

“Nigeria has a growing middle class and a robust economy – there can be opportunities for us to grow by acquisition.”

The JSE-listed group delivered a stronger performance in the first six months of the year, despite volatile trading conditions in both the mining and manufacturing sectors. AECI posted headline earnings of R284-million, an 11% improvement from the corresponding period of 2010, and profit from operations was 13% higher at R546-million.

Assisted by global increases in commodity prices but tempered by the continued strength of the rand, which averaged R6.88/$ in the half-year, revenue from continuing operations increased by 10% to R5.97-billion.

The strength of the rand continued to be a challenge for customers, but AECI said it would continue to be cost effective as it competes against imported products.

“We believe in ramping up plants and getting margins through, the rest of the business can remain stable with underlying growth from the new plants,” Edwards explained.

With regard to mining, CFO Mark Kathan said the company expected growth across all regions, with commodity demand remaining sound in both industrial and investment sectors.

AEL Mining Services MD Tobie Louw indicated that the competitive mining market would remain challenging, but pricing would remain soft, with deep level mining volumes to remain under pressure.

But, despite the continued decline in South African deep level mining, AEL Mining Services experienced strong growth in the surface and massive businesses servicing the platinum, diamonds and chrome mining sectors.

AEL’s revenue was 11% higher than 2010 at R2.54-billion, driven by a 16% escalation in ammonia prices, which also resulted in higher working capital levels. Overall volumes grew by 2.5%, and profit from operations improved by 8% to R200-million.

Brazil Copper Tube - News


AECI eyes bigger move into Brazil, also keen on Nigeria expansion

Meanwhile, the higher demand for shock tube, the building of inventories and fire on a conventional plant has slightly delayed the processes for retrenchment of employees from conventional shock tube manufacturing facilities.




Solar Water Heater from Brazil “Soda bottle solar water heater ...

Parabéns, a idéia é boa. No video não dá pra ver bem como está montado. Parece que tem um tubo por dentro das garrafas e que elas tem o fundo cortado, cada uma encaixando sobre a de baixo. Então cada gafarra é soldada ou colada na de baixo?

Parece também que a água sai do contentor e volta pras garrafas para subir de novo….????

Onde está montado o conjunto mostrado?

As imagens também não explicam muito.

@catatonicable I was able to make some videos about my heater project. I’m not finished yet, and work is going slow at the moment, but you will get a good impression about what and why I’m doing things as I do. Just visit my channel, in the videos I explain everything in detail. It’s an experiment and not (yet) a proven concept.

Greets, iT

I am replicating this type of design at this very moment, but I am also going to use aluminum soda cans inside the bottles. I made holes in the bottom from the soda cans so I can insert a copper tube. I’m going to paint the soda cans black with heat resistant paint. That gives me a larger surface that heats up. I have no camera otherwise I would show what I am doing. Maybe I can show it later when it’s finished.


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