Views
5 years ago

KwaZulu-Natal Business 2018-19 edition

  • Text
  • Agriculture
  • Sappi
  • Nedbank
  • Mondi
  • Toyota
  • Southcoast
  • Logistics
  • Transportation
  • Port
  • Portofdurban
  • Investdurban
  • Kwazulunatal
  • Kzn
  • Durban
  • Municipality
  • Sector
  • African
  • Provincial
  • Economic
  • Industrial
The 2018/19 edition of KwaZulu-Natal Business is the 10th issue of this highly successful publication that, since its launch in 2008, has established itself as the premier business and investment guide for the KwaZulu-Natal Province. In addition to the regular articles providing insight into each of the key economic sectors of the province, there are special features on the investment prospects of Durban (eThekwini) and on the specific attractions for investors of other regions throughout the province. We are pleased to include a survey of the province’s economy from Trade & Investment KwaZulu-Natal, the dedicated trade and inward investment promotion agency that promises to be “your knowledge partner in business”. To complement the extensive local, national and international distribution of the print edition, the full content can also be viewed online at www.kwazulunatalbusiness.co.za. Updated information on KwaZulu-Natal is also available through our monthly e-newsletter, which you can subscribe to online at www.gan.co.za, in addition to our complementary business-to-business titles that cover all nine provinces as well as our flagship South African Business title.

OVERVIEW Pipelines

OVERVIEW Pipelines employs 658 staff, with about 200 located at the head office in Anton Lembede Street in downtown Durban. Assets KwaZulu-Natal is home to two major oil refineries and is the first link in the pipeline chain that links Gauteng province, the industrial heartland of South Africa, with vital fuels. The Port of Durban handles 80% of South Africa's fuel imports. KwaZulu-Natal is thus a key player in the country’s oil and gas industry. KwaZulu-Natal’s two oil refineries are important regional and national assets as their joint production accounts for more than 300 000 of the 700 000 barrels of refined crude oil that South Africa produces. South Africa’s biggest refinery is Sapref. Owned jointly by Shell SA Refining (25%), Thebe Investments (25%) and BP Southern Africa (50%), it has a capacity to produce 180 000 barrels per day. The refinery also makes ONLINE RESOURCES Independent Power Producers Programme: www.ipp-projects.co.za National Department of Trade and Industry: www.thedti.gov.za National Energy Regulator of South Africa: www.nersa.org.za Petroleum Agency SA: www.petroleumagencysa.com South African National Energy Association: www.sanea.org.za South African Petroleum Industry Association: www.sapia.co.za Transnet Pipelines: www.transnetpipelines.net propylene feedstock, solvents, sulphur, asphalt, industrialprocessing oils and liquefied petroleum gas. Sapref has started a clean-fuels project, aiming to reduce sulphur and benzene levels, among other things, in fuel products. The modifications to the refinery will bring it into line with the tougher legislation regarding fuel production that is in the pipeline. The Enref refinery owned by Engen can produce 135 000 barrels per day. This sophisticated refinery can convert light and heavy crude oil into high-value products that include jet and diesel fuel, solvents, bitumen, sulphur, bunker oil and aviation gasoline. Safor is a base-oil production facility (jointly owned by Engen, Caltex and Total but operated by Engen) that produces 45% of Southern Africa’s base oils. Engen also owns the adjoining Lube Oil Blend Plant, which produces more than 72-million litres of finished lubricants annually. KwaZulu-Natal has the second-highest consumption of diesel fuel of South Africa’s provinces (17.8%) and the thirdhighest consumption of petrol (15.4%). Royal Vopak, which runs a large terminal at the Port of Durban, has expanded capacity to 174 000m³ and is planning to grow its ability to store fuel still further. It is also planning a new storage facility at Heidelberg that will cater for petroleum and chemicals. Towns along the N3 highway are increasingly receiving investments in the logistics sector. KWAZULU-NATAL BUSINESS 2018/19 56

Other recent publications by Global Africa Network: