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1990s
1999
- Transformation in full swing. Key events: Research and Development facility sold to the CSIR; sale of Polifin holding to Sasol; ammonia supply agreement, signed with Sasol, will mean the closure of ammonia/urea production at Modderfontein and ammonia/LAN production at Milnerton; joint venture in Kynoch Fertilizer with Norsk Hydro of Norway as controlling 50 per cent partner
- Strategy refined to three core clusters: mining solutions; specialty, fine and industrial chemicals; specialty fibres
1998
- Sasol bids R30 per share to acquire 100 per cent of AECI Limited. The bid is withdrawn after strict conditions on the proposed transaction are set by the Competition Board
- AECI announces a transformation strategy that will result in the formation of five business clusters (explosives; specialty and fine chemicals; specialty fibres; biotechnology; agricultural products) and the unbundling of the Kynoch group of companies
1997
- AECI Head Office moves to The Woodlands, an AECI Pension Fund office park in Sandton
- Kynoch Modderfontein refurbishes and upgrades ammonia and urea plants
- Kynochem acquires Aluminium Chemicals
- Chemical Services merges its South African water treatment interests with those of Nalco Chemical Company of the USA, to form Nalco-Chemserve
1996
- Southgate Industrial Park development announced, at Umbogintwini
- Group exports exceed R1 billion
- AECI Industrial Chemicals changes its name to Kynochem
- Some 18.3 million AECI shares, previously held by Afex Holdings, placed with domestic and international investors at R23 per share
- Modderfontein celebrates its centenary
1995
- ICI sells its remaining 13 per cent shareholding in AECI
- Soda Ash Botswana liquidated and then rescued, under the name Botswana Soda Ash. Operational responsibility moves from AECI to Anglo American
- Polifin listed on the JSE
- First lysine produced by AECI Bioproducts, at Umbogintwini
- AECI Explosives announces closure of explosives manufacture at Somerset West
- Sulphur stockpile catches fire at Somerset West. Two residents from nearby Macassar die from fume inhalation
1994
- AECI Explosives will close Bethal Factory
- Plan announced to develop Klipfontein View, at Modderfontein, as a residential area
1993
- AECI Explosives and Chemicals Limited focuses on explosives and becomes AECI Explosives while AECI Industrial Chemicals becomes a subsidiary of Kynoch
- AECI Operations Services formed to offer services to companies operating on multi-user AECI sites
- R300 million plant to manufacture lysine, at Umbogintwini, announced
- Chlorine gas leak at Umbogintwini results in first Community Awareness and Emergency Response Committee being formed
- AECI and Sasol agree to the formation of a joint company - Polifin. AECI owns 40 per cent, via its contribution of AECI Chlor-Alkali and Plastics
- Formation of AECI Aroma and Fine Chemicals and construction of a plant on a new site at Richards Bay announced. The plant will make food anti-oxidant tertiary butyl hydroquinone (TBHQ)
- An asset swap sees ICI exchange 25 per cent of its share in AECI Limited for 51 per cent of AECI Explosives Limited
1992
- Sales of surplus Modderfontein houses and stands begins
- Retail development (Somerset Mall) launched by the AECI Pension Fund at Somerset West
1991
- R7 million carbon dioxide plant announced for Modderfontein, with a capacity of 130 t/d
- AECI Paints changes name to Dulux
- Development of the AECI Pension Fund's Woodlands office park begins
- President QKJ Masire opens new soda ash and salt project at Sua Pan, in Botswana
- Ballengeich Factory will be sold to Karbochem
1990
- HCFC 22 plant at Midland Factory is to be built. AECI will recover and rework CFCs
- Goldchem, a 50:50 venture with Rand Refinery Limited, formed to make gold potassium cyanide
- Fashiontex Coatings closes
- Chemplex sold to the Industrial Development Corporation of Zimbabwe
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