Omnia to build R1.4bn chemicals plant

first_imgOmnia’s shareholders will have the opportunity to follow their rights in the capital raising in order to maintain their shareholdings, although Omnia will seek shareholder approval to secure a minimum IDC investment of R150-million. 21 May 2010 The facilities will have co-generation capacity, and will generate sufficient energy for their own requirements while contributing 50% of the current factory’s energy needs, significantly cutting the company’s existing electricity supply requirements. “We are thrilled by this vote of confidence from our shareholders and institutional investors,” Humphris said. “We would not have been happy to commit to this large investment without securing shareholder and institutional support upfront. This will be the first nitric acid plant of its kind to be built in South Africa since 1984. This demand has been driven by significant growth in South and southern Africa’s mining sector – 11% year on year in South Africa, in spite of economic downturn constraints, according to Statistics SA figures released in March. Sustainable development Omnia is sourcing the plant technology and licences as well as engineering design and critical component supplies from Uhde GmbH of Germany, one of the world’s leading engineering companies in the design and construction of chemical, refining and other industrial plants. South African chemicals company Omina has announced a R1.4-billion capital investment in the construction of a world-class nitric acid and ammonium nitrate plant and associated facilities in Sasolburg to meet growing demand in the explosives and fertilizer markets. It is also fuelled by an increasing demand for fertilizer to help South and southern Africa provide solutions to the world’s food security challenge, and drive sustainable development across the continent. “We have been building the market for 10 years, and this investment will enable Omnia to meet increased demand in both explosives and fertilizers, allowing us to leverage supply side synergies between these businesses and ensure security of raw material supply by building world-class capacity at home,” Omnia group MD Rod Humphris said in a statement this week. Omnia has set out to raise shareholder capital of R1-billion to partially fund the expansion through a fully subscribed rights offer. The remaining funding requirement for the project will be covered through a combination of internally generated funds and long-term project finance. Omnia has furthermore secured the participation of Industrial Development Corporate (IDC), by the IDC committing R250-million to the R1-billion equity capital raising, and indicating appetite to fund at least R300-million of the envisaged plant project finance that Omnia intends to raise in due course. SAinfo reporterWould you like to use this article in your publication or on your website? See: Using SAinfo material IDC participation “We are also very pleased to have IDC participating in the funding of the project, and for IDC to indicate such significant support on both the equity and potentially the debt side of the total project funding requirement.” The new facilities will utilise best in class technology conforming to the highest standards of sustainable environmental development, and plant emissions will be significantly below legislation requirements.last_img read more

Farm Science Review tickets now available online

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Tickets for the 2018 Farm Science Review, a three-day agricultural trade show Sept. 18-20, are now available for purchase online at fsr.osu.edu.This year’s show at the Molly Caren Agricultural Center near London will have a larger exhibit area, and improvements have been made so visitors can better access parking, the ever-popular “Ride and Drive” area as well as other offerings.“With additional exhibitors and space available in 2018, everyone in agriculture will be sure to find something new for their operation,” said Nick Zachrich, manager of the Farm Science Review.The annual event features 4,000 product lines and over 700 commercial and educational exhibits as well as workshops and presentations delivered by experts from the College of Food, Agricultural, and Environmental Sciences (CFAES) at The Ohio State University, which sponsors the event.More than 120,000 people typically attend the Farm Science Review.An online directory and app can assist visitors as they plan their trip. Using the app, visitors can perform a keyword search to locate an exhibit they want to see and can get walking directions to reach the exhibit.The online directory now includes the educational exhibits and food vendors in addition to the commercial vendors so people can do keyword searches to help them navigate the many Farm Science Review offerings.“This will make it easier for visitors to locate all the educational exhibits they’re interested in, the products they want to find as well what they want for lunch,” Zachrich said.The Farm Science Review app, which is available for both Apple and Android smartphone and tablet users, includes interactive maps, a schedule of events, and general information on the show and exhibitors. It’s available by download in the Apple App Store or the Google Play Store by searching for “FSR 2018” or by directing your mobile browser to fsr.osu.edu.Now in its 56th year, the Farm Science Review offers visitors educational talks, displays and other opportunities presented by educators, specialists and faculty from OSU Extension and Purdue Extension, as well as the Ohio Agricultural Research and Development Center (OARDC). OSU Extension is the outreach arm of the college, and OARDC is the research arm.Tickets for the Farm Science Review are $7 online, at OSU Extension county offices and participating agribusinesses, and $10 at the gate. Children 5 and under are free.For school groups, field trips to the Farm Science Review can be arranged through First Step. This program assists with admission, provides an orientation through the London chapter of FFA and offers educational presentations at the Gwynne Conservation Area that are geared specifically for school groups. Students can also participate in STEM and other youth activities located in the 4-H tent.The Farm Science Review hours are 8 a.m. to 5 p.m. Sept 18-19 and 8 a.m. to 4 p.m. Sept. 20. For more information, visit fsr.osu.edulast_img read more

$65 hay bales a sign of the times

first_imgShare Facebook Twitter Google + LinkedIn Pinterest By Joel PenhorwoodBecause it has been such a bad year for row crop farmers, it can be easy to overlook the terrible hay baling conditions much of the state has experienced so far with extremely short windows of dry weather. That truth came to a fever pitch at the most recent LaRue Horse and Tack Sale.“We usually have an average of 300 to 500 bales a month that people bring in,” said Janeen Heilman, sale organizer. “In April, of this year, we had 439 bales of hay of all different kinds and cuttings. The average per bale for April was $5.64. In May, we only had 195 bales for sale. The average for those was $6.91 per bale.”The situation, which has slowly been increasing in desperation, hit its peak on Saturday, June 1.“This month, we only had 15 bales and we had two people hurting for hay. It ended up at $65 a bale,” she said. “We talked to make sure they know how they were bidding and they did.”You read that correctly — $65 for small square bales of fourth cutting alfalfa mix.“I think we were all kind shocked,” Heilman said.The sale has seen quite a bit come through the auction block, but nothing quite like that.“My mom and I have run the sale since 2008 and owned it since 2010. It’s on the first Saturday of every month in LaRue, Ohio. We sell hay, straw, machinery, horse-drawn, and otherwise,” she said.“I have just had a lot of calls of people looking for hay. It’s interesting because we have horses ourselves and we’re in the same boat as everybody else. We know how you’re feeling and we’re also good friends with the people that supply our hay and our family bales hay too so we know both ends of the spectrum. I think in a time like this if you have any extra that you’re able to give up, people will definitely appreciate it,” she said. “I have seen a few around our area cutting some hay. I don’t know at what point you just cut it and pray for the best.”last_img read more

GeoTour Azores (GT6F)

first_img SharePrint RelatedTravel like a local, not a touristApril 23, 2019In “News”5 tips for planning your next vacation with geocachingJuly 31, 2017In “GeoTours”Get Inspired By These Epic GeoToursMay 27, 2016In “GeoTours” Reasons to visit the Azores:All of the activities you can imagine are at your disposal, but the best part is that you can do them on beautiful islands in the middle of the ocean. To name a few: canoeing, kayaking, canyoning, whale-watching, golfing, sailing, diving, paragliding, bird watching, horseback riding, cycling/mountain biking, hiking, sport fishing, surfing, and so on. It is an outdoor enthusiast’s dream environment and, despite being away from the mainland, it has very mild weather year round which allows you to soak in whatever activities you desire.  The Azores has one of the 7 wonders of Portugal—the Lagoon of the Seven Cities. The lagoon consists of two freshwater lakes that are connected by a narrow channel within the crater of a dormant volcano. Although the two lakes are connected, they are not similar by nature. The locals refer to them as Blue Lake and Green Lake due to the hue when you view its reflection. The village of Lajes do Pico also received an award of one of the 7 Wonders of Portugal, but for different reasons; it’s one of the 7 Gastronomic Wonders of Portugal. That’s right, Portugal takes its food so seriously that they list cities where the food is so good they’ve become national icons.Great Caches on this GeoTour:Suspenso no Tempo… | Suspended in Time… — GC61DB5On the island of Flores this EarthCache showcases its waterfalls and geomorphology. You learn about the formation of valleys and different types of waterfalls you can observe. All learning aside, the views you get from this EarthCache are spectacular and epitomizes what the nature Azores has to offer.Farol dos Capelinhos — GC5V2KMThis lighthouse was built in the late 1800’s and was functioning until 1957 when a volcano on the island of Faial erupted. It destroyed the surrounding buildings but the ash only buried the first floor of the lighthouse, which still remains covered today.A view to the Paradise of Nature — GC3F5Q2The island of São Miguel is referred to as paradise on earth. The blue color of the waters, rolling island mountains, and colorful foliage entrap through captivation. The lagoon “Lagoa do fogo” has inspired writers and explorers of years past and current. The cache brings you to the top of a viewpoint with a scenic panorama of the island.Pico’s — GC2WWJ4Pico Mountain is the tallest mountain in the Azores and is the third tallest mountain in the Atlantic ocean peaking at a sky scraping 2,351 m (7713 ft). The mountain was formed by several volcanic eruptions starting over 240,000 years ago.What geocachers are saying:Today is my second day on Flores with my friend Zoeklopers geocaching and for discovering some nice places. This walking trail was more than worth it. At the end it’s really amazing what you see, I couldn’t believe it, such a beautiful and quite place. Nature is so awesome. – NiquetjesOn our trip to the Azores we had some great impressions, were shown beautiful places by different cache owners and enjoyed the stunning nature and hospitality of these islands and their residents. Overall Max and I had great two weeks on Sao Miguel, Terceira, Faial and Pico which were accompanied by one or the other Geocache visit. A big thank you to all the cache owners for hiding and for showing us some very special places, of which this EC was one of them. – cherry_sWe were so happy and relieved that some tears of joy and satisfaction came up while embracing each other on the highest point of portugal … and after rising about 1000 meters! So, my 1000th geocache is this ‘earthcache’ it was not only a pleasure to climb here but it was a contribution of what geocaching is and can be : every cache can be a great souvenir in nature surrounded by people you love and care – pet0etieNote: All the above information was provided by the GeoTour host. The copy has been edited by Geocaching HQ.Share with your Friends:More There isn’t a more explosive GeoTour on our planet than GeoTour Azores. Located roughly 850 miles west of mainland Europe, the Azores consists of 9 volcanic islands with a whopping 150 geocaches scattered across the lush, mountainous islands. The exotic nature of this group of islands has a global appeal and is part of a larger group of Atlantic Ocean islands called Macaronesia, or “fortunate islands,” because those who visit or live there are considered to be fortunate to see the beauty of the Azores.The islands of the archipelago are divided in three geographical groups: the Eastern Group, comprised of Santa Maria and São Miguel; the Central Group, including Terceira, Graciosa, São Jorge, Pico and Faial; and the Western Group, composed by Corvo and Flores. For non-residents each island group has its own unique prize, but if you’re ambitious enough to find 100% of the GeoTour first, you earn the Archipelago prize. It’s easy to feel excited about this GeoTour jam packed with adventure, oceanic views, and hikes along the craters of volcanoes.GeoTour Azores has 150 geocaches and 21 joker geocaches. The joker geocaches are optional and can replace any geocache that could not be found so you can complete the tour.Each geocacher/team of geocachers can only participate in this GeoTour onceThis GeoTour is available for 1 year from the date of its releaseThe organization of this GeoTour and the São Miguel Tourism Delegation only guarantee the prizes while supplies lastGeocachers who find half of all GeoTour caches (75 caches) or the GeoTour caches of an entire group of islands receive a geocoin!last_img read more

Pakistan captain Misbah to retire from international cricket

first_imgApril 06, 2017 File photo of Pakistan’s captain Misbah ul Haq.   –  Reuters cricket × Pakistan test captain Misbah-ul-Haq will quit international cricket after the three-test series in West Indies beginning later this month, the veteran batsman announced on Thursday.The Pakistan Cricket Board (PCB) put Misbah in charge of the test team for the three matches in West Indies on Wednesday with chairman Shaharyar Khan making it clear that it would be the last series for the player, who turns 43 next month.“It will be my last series and I had conveyed this to the chairman (Pakistan Cricket Board) quite some time ago,” Misbah told reporters at the Gaddafi Stadium in Lahore.“I will try to finish it on a high note…There was no pressure on me,” Pakistan’s most successful test captain said, adding he initially wanted to quit after the 2015 series against England in the United Arab Emirates.Pakistan won 24 of its 53 test matches under Misbah and, for the first time, occupied the top test rankings last year before a dip in form set in.Pakistan suffered six consecutive test defeats and lost series in New Zealand and Australia, which triggered speculation about Misbah’s future as the test captain.Admired for his unflappable temperament in a Pakistan dressing room teeming with mercurial talents, Misbah was handed the test captaincy after a 2010 spot-fixing scandal in England which led to a ban on, among others, predecessor Salman Butt.Since his 2001 test debut in New Zealand, Misbah has gone on to make 4951 runs from 72 matches at a 45-plus average.The top order batsman also played 162 one-dayers before quitting the format after the 2015 World Cup. COMMENTS File photo of Pakistan’s captain Misbah ul Haq.   –  Reuterscenter_img Published on COMMENT To quit after the three-test series in West Indies SHARE SHARE SHARE EMAILlast_img read more