1
Everything Mining Industry Country Focus How to Guide
 
Intelligence on industry and mining
 
 
Back

Necsa looks to make fluorchemical subsidiary profitable and expand manufacturing division

By:  
Creamer Media Senior Deputy Editor
 
NUCLEAR
The South African Nuclear Energy Corporation (Necsa) is looking for a strategic equity partner for its speciality fluorochemical products manufacturing subsidiary Pelchem. It is also planning to expand its engineering and manufacturing division (not subsidiary) Pelindaba Enterprises. Pelchem manufactures key inputs for the petrochemical, automotive, domestic products and cosmetics industries, among others. "It is currently making a loss," Necsa Group CEO Phumzile Tshelane told Engineering News Online on Friday.
 
 
 
 
 

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register