We've got news for you.

Register on HeraldLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Investment lifeline saves thousands of jobs

Bay manufacturer able to stay in the black thanks to R297m boost

A combined investment of almost R300m will ensure that Orion Engineered Carbons remains plugged into the Bay’s automotive value chain.

As a result of the arrangement, involving the company, the Coega Development Corporation (CDC), the department of trade & industry and the Transnet National Ports Authority (TNPA), thousands of jobs, including downstream positions in other parts of SA, are likely to be saved...

FREE TO READ | Just register if you’re new, or sign in.

Questions or problems? Email helpdesk@heraldlive.co.za or call 0860 52 52 00.