Sasol in R8.4bn local wax investment

first_imgTotal production of all the wax products from the Sasolburg site near Johannesburg will increase by two-thirds. South African petrochemicals giant Sasol is to invest R8.4-billion to double the production of hard wax products by its Sasol Wax division in the country by 2014. SAinfo reporterWould you like to use this article in your publication or on your website? See: Using SAinfo material “It is in line with Sasol’s strategy to leverage our advanced proprietary technology and is also aligned with our longer term plans to significantly grow the chemicals business of the Sasol group.” ‘Significant investment’ “This is a significant investment for the Sasolburg site and demonstrates our commitment to our South African Asset base,” Sasol GM Reiner Groh said in a statement this week. 2 December 2009 The investment will also result in increased production of medium waxes, mostly used by the candle industry in Southern Africa, as well as liquid paraffins used in a variety of industrial applications. Sasol Wax is a major producer and marketer of synthetic and petroleum derived waxes, with production facilities in South Africa, North America, and Europe. An environmentally friendly application for hard wax is as an additive in bitumen used in road construction. The product is also used in printing ink. The investment will be done in two phases, with the first phase coming into operation by 2012 and increasing Sasol Wax’s production capacity by 40%. The company has already completed the basic engineering and ordered some of the long lead items for this phase. The second phase will come into operation by 2014. Another important application is as an additive in the forming of PVC objects such as pipes or window frames. Lead based stabilisers in PVC are being phased out and hard wax is a critical component in the additives that are replacing the lead based product. Hard wax is used in a number of unique applications. An important application is in hot melt adhesives – the glue which is applied at high speed, for instance to seal cereal boxes or milk cartons. This is a rapidly growing application, especially in the developing world. “This large investment shows Sasol’s commitment to the wax business and enables us to grow with our customers in this market,” said Sasol Wax MD Johan du Preez. Used in unique applicationslast_img read more

Developing the Next Generation of Leaders: Trends and Truths About the Future of Leadership Development

first_imgThe ancient Roman dramatist, philosopher and politician Seneca said, “Luck is when preparation meets opportunity.” His point was that although luck is terrific, it typically has very little to do with success, especially that which is sustained over time. Instead, success is more often associated with great preparation and the ability to take advantage of opportunities when they present themselves. Leadership development is all about living at the intersection of preparation and opportunity. It is our job to ensure leaders are well-prepared and to find or create the right opportunities that will further reinforce their development and readiness for even bigger or more challenging roles. As leaders, we must develop other leaders to be ready and relevant for what organizations will confront over the next five to 10 years and beyond. This responsibility will be significantly shaped by the following 10 trends and truths about the future of leadership development.1. The “Chief Organizational Capability Officer” EmergesAlthough the chief organizational capability officer (COCO) may or may not become a real job title, the concept is indicative of the direction that many leadership roles will be heading. Increasingly, operating and HR leaders alike will be responsible for integrating and driving agility, business context and environment, change, culture, innovation, leadership, networked organizations and communities, talent, and/or transformation. The power of leadership will be derived from connecting the dots and turbo-charging the in-between points, not by mastering the hierarchy or formal organization. Leadership development will focus on these intersections as leaders become chief organizational capability officers.2. Outside In Is More Important than Inside OutExternal environmental context and understanding will likely trump deep mastery of internal organizational issues as the leadership currency of choice.  It will simply not be enough to know the business and how to get things done in a particular company. Rather, breadth of perspective about what is happening around and outside organizational walls, the ability to see around corners, and the willingness to appreciate and learn from others will become highly valued. Leadership development must address the outside in perspective.3. Hero Leadership Gives Way to Collective LeadershipHighly charismatic and visible individual leaders can symbolize an organization’s brand and culture— in positive or negative ways. Over-reliance on singular iconic leaders can make leadership succession difficult at best and undermine the employment value proposition because employees have every right to expect to work for multiple leaders who embody the values and behaviors espoused by their companies. Therefore, companies must increasingly invest in leadership not only as an individual capability but as a collective organizational capability as well, whereby leaders are taught, developed and held accountable for the appropriate leadership attributes and behaviors. Leadership development will emphasize collective leadership mindset and skillset rather individual heroics.4. Multi-Disciplinary and Cross-Functional Solutions Are the NormMost challenges that organizations will face in the future are large, complex, multi-disciplinary and cross-functional in nature. Leaders must therefore learn to orchestrate highly collaborative and broadbased approaches to driving solutions. They will be called upon to reach out well beyond the traditional boundaries of their own organizations and functional disciplines to deliver an integrated set of solutions and to engineer answers to complex organizational issues. CEOs and other senior leaders don’t care where these integrated solutions come from or who leads them. Leadership development must focus on integrated, multi-disciplinary, cross-functional perspectives and solutions.5. Collaboration Across Boundaries Has a Multiplier EffectMost organizations tend to prefer developing leaders by focusing on internal, company-specific issues and challenges, because they believe their company culture and business issues are so unique and special. In reality, although all companies are unique, they also share many common issues, problems, solutions and leadership learning opportunities. Cross-company leadership development programs that help leaders better appreciate broader strategic context and business solutions will be essential. Development opportunities that allow companies to move leaders from one company to another for short-term assignments that would not otherwise be available in the leader’s own company will become much more prevalent. Leadership development will feature experiences outside the arbitrary boundaries of specific companies, industries and roles that will have a multiplier effect on leadership capabilities.6. Coaching Builds Muscle MemoryLeadership coaching has become an increasingly popular and well-accepted tool for developing leaders and has evolved from “fixing the broken leader” to investing in the development of highly regarded and successful leaders, by building on their strengths and closing development gaps. Helping leaders reach for broader and more complex leadership roles will often require preparation for unfamiliar and uncomfortable responsibilities. This process necessitates understanding and then practicing to handle scenarios and situations that leaders are likely to face on the job—much like an athlete or musician would practice to prepare for a game or performance. Preparing leaders to address key decisions and situations they might face, before they actually have to face them, helps them develop the “leadership muscle memory” they will need under real life conditions. Leadership development will include a growing reliance on coaching to prepare leaders for situations before they encounter them, rather than only learning from experiences and fixing mistakes after they occur.7. Mass Customization Capitalizes on Diverse Needs and InterestsLeadership development used to be about putting in place large-scale organization wide practices and programs that covered as many people as possible so as to maintain both the perception and reality of fairness and inclusiveness. Although fairness and inclusiveness are certainly important and legitimate goals, they are not necessarily achieved by treating all leaders the same. The most common leadership development trends will be higher transparency of feedback, increased segmentation of pivotal roles and people, and greater frequency of talent reviews and action plan follow-up. Ownership for successful leadership and talent development efforts must rest with line leaders and be supported by HR leaders. But, these roles will have to go well beyond making sure meetings happen and that forms are filled out and submitted on time. Leaders must actually know the talent and will be called upon to selectively differentiate leadership development experiences based on each leader’s unique capabilities and role. Leadership development must allow for mass customization of solutions to capitalize on the diverse needs and interests of leaders.8. Purpose Complements PerformanceHistorically, leaders have wanted to work for high-performing, winning organizations, and although that aspiration is still fashionable, it is no longer sufficient. It is becoming even more attractive to work for organizations that strike a healthy balance between performance and purpose. Increasingly, many people—especially Millennials—want to affiliate with institutions that value the importance of economic and social contributions. People want to be where the organization’s values and purpose align with and reinforce their own. Leadership development is therefore quickly evolving to include more of a “whole person” construct that promotes the importance of becoming a healthy, balanced, well-rounded, purpose-driven leader. Leadership development will become as much about creating and fulfilling purpose as it has been about planning for and driving performance.9. Bite-Sized/On-Demand Solutions Reflect Changing Workforce ExpectationsThe workforce is becoming more mobile, virtual and globally distributed. Work will increasingly be done when, where and how the workforce prefers. The traditional employment model is steadily giving way to more bite-sized, freelanced, project-based and shorter-term gigs. Leadership development practices must reflect this revolution. Developmental assignments and leadership development programs need to accommodate for more agile, quick-turnaround, quick-hit, on-demand and technology-enabled design and delivery models. Six week in-residence programs at prestigious universities are not going away completely or anytime soon, but they are also not the prevalent model for the future. Leadership development must be more virtual and in the moment, and delivered in smaller, more digestible bites to better reflect changing workforce expectations and technological realities.10. Ready Now Gives Way to Ready AbleLeadership development experts used to say, “Past track record predicts future success.” In the future, we will likely say, “Past track record is only a valid predictor of future success if the past looks anything like the future.” The connection between past and future conditions is tenuous at best. At worst, we could make determinations about leadership development, readiness and succession based on all the wrong factors and criteria because the future may look nothing like the past. The conditions, challenges and pace of change may be completely different. So, all our emphasis on developing ready now leaders must give way to developing ready able leaders. We no longer really know if leaders are ready now. At best, we can prepare them to be ready able—to have the situational awareness, flexibility, savvy and leadership capabilities required to quickly understand and adapt to changing conditions. Leadership development in the future will be about identifying and developing potential, which, in turn, translates into being ready and able to handle whatever the future throws at us.last_img read more

Mozilla Releases Weave 0.2: Filling in for Browser Sync

first_img8 Best WordPress Hosting Solutions on the Market frederic lardinois Tags:#Browsers#news#web Related Posts A Web Developer’s New Best Friend is the AI Wai… Not too long ago, Google announced that it was going to stop the development of its Browser Sync project. Browser Sync automatically synchronized bookmarks between different computers. Mozilla just announced a new version of its own bookmarks synchronization product, Weave, which was first announced last December as a Mozilla Labs product. Its first version, while already interesting, wasn’t quite up to par with Google’s offering. With this latest version, Mozilla aims to fill the gaps left by the demise of Browser Sync – at least for Firefox 3 users.Mozilla especially reworked the installation procedure for Weave. Now, users are walked through the process after initially installing the plugin. Going Beyond BookmarksBesides just synchronizing bookmarks, Weave also saves cookies, passwords, form data, tabs, and the browsing history. These can be turned on and off selectively, though by default, they are all turned on. In the future, Weave will also start synchronizing themes, plugins, and microformats.One noteworthy difference between Browser Sync and Weave is that Weave, at least in its current implementation, does not work in real-time. Weave will automatically schedule when to synchronize bookmarks or users can initiate the process themselves. Mozilla has also implemented an initial framework for sharing data with XMPP-based notifications, but so far, it doesn’t seem like there is any front-end access to this framework just yet. In the future, though, this could be used for all kinds of interesting projects and might provide a good way for Mozilla to tie all its different projects together closer. API?When the first version of Weave was released, it seemed Mozilla was going to provide developers with an API to hook into by version 0.2. However, the current release does not mention an API anywhere, so it looks like developers will have to wait just a little bit longer before they can start developing their own tools on top of the Weave framework.CompetitionThere are, of course, already quite a few services available that provide a very similar function, most notably Foxmarks (which we named one of the Top 10 Firefox add-ons in 2006) and Del.icio.us. There are also numerous other bookmarking service available through plugins for Firefox (and IE) and while it has abandoned Browser Sync, Google hasn’t (yet?) given up on the development of Google Bookmarks, though.By making Weave part of the standard installation of Firefox at some point, though, and by providing a web front-end, Mozilla could easily bypass all of its competitors by providing a more seamless experience. Why Tech Companies Need Simpler Terms of Servic… Top Reasons to Go With Managed WordPress Hostinglast_img read more

‘Salman Khan is the only actor who dares to be different’

first_imgSameera ReddyState of Affairs It is evident from your story that Punjab and Kerala have topped the list again because of their emphasis on what they are good at-agriculture and education (“North South Lead”, August 16). Transparency and good governance are the keys to being a good state. K. CHIDANAND,Sameera ReddyState of AffairsIt is evident from your story that Punjab and Kerala have topped the list again because of their emphasis on what they are good at-agriculture and education (“North South Lead”, August 16). Transparency and good governance are the keys to being a good state. K. CHIDANAND KUMAR, BangaloreDespite the fact that different states have bagged awards for development in some sector or the other, not a single state has attained self-sufficiency in infrastructure development. Had they done so India would have been ranked first in the comity of developing nations. S. NAGARATNAM, MumbaiThe left parties have always been critical of the policies and programmes of other parties but your survey shows that Left ruled West Bengal is lagging behind in almost all parameters with an overall rating of 14 among the big states. The Left does not have any moral right to preach to anyone else. They should set their own affairs in order first. M.M. GURBAXANI, BangaloreKerala has never tried to shed its post-independence slumber on the economic front even though it has taken enviable care of education and health. It should focus more on sustainable and growth-oriented economic ventures with employment generation within the state rather than depend on overseas dollars and dinars. ANIL THOMAS, ChennaiYour story should be an eye-opener for states like Uttar Pradesh and Bihar. Lagging way behind on almost all socio-economic fronts, these states’ performances have hit rock bottom. Governance is conspicuous by its absence. Illiteracy and poverty are all-pervading. How long will these states be content to be mocked at as laggards of democracy? ALOK SRIVASTAVA, DelhiYou have missed some vital parameters like economic disparity, employment and growth of population while conducting your survey. All these factors have a lot of impact on the social and economic life of the people. Even the UN and other international research organisations take them into consideration while conducting studies. SURESH SURATWALA, MumbaiYour otherwise comprehensive report missed out two important factors- sustainable environment and ecological balance. Aren’t fresh air and clean drinking water important? Similarly cheaper and cleaner energy sources would attract investments and might be an answer to the soaring LPG and petroleum prices. YASH TOKARSI JAIN, on e-mailKerala cannot be considered a progressive state by any yardstick. A state that does not allow any industry to develop even during these times of liberalisation has nothing to do with any kind of progress. Nani Palkhivala had rightly said that social justice, when not accompanied by economic growth, is meaningless. T.S. PATTABHI RAMAN, on e-mailHaving a stable government does not necessarily mean that the state will witness economic progress. Had that been the case states like Bihar, where the RJD has been ruling for the past 14 years, andWest Bengal, where the Left Front has been in power for 27 years, would have prospered like Punjab and Kerala. RAJIB SARMA, on e-mailYour survey has many contradictions. Bihar is ranked last in health but in life expectancy and infant mortality the state is in the top 10. And how can West Bengal, with the fourth largest state GDP (and projected to be the second largest in 2020) be 18th in investment scenario? SAIBAL BAGCHI, on e-mailFloundering AroundThe BJP has been indulging in introspection and analysis of the reasons for its defeat in the Lok Sabha elections (“Still in a Stupor”, August 16). But so far it has only managed to replace “Hindutva” with “Bharatiyata” and “vikas”. SHIKHA KATARIA, PanchkulaThe BJP, the so-called party with a difference, is acting like a child whose lollipop has been snatched away. The Congress too is not behaving like a mature winner. Both parties seem to have forgotten that there are important issues to be dealt with. But instead of cooperating they are only trying to embarrass each other at every available opportunity. JOHN ERIC GOMES, Goa advertisementOne expected the BJP to act in a more responsible manner and Atal Bihari Vajpayee to provide the right guidance. But both have been big let-downs. MADHU SINGH, Ambala CantonmentPrice of HealthLow-cost blood glucose testing machines are indeed a must (“The Sweet Check”, August 9). But the fact is that the cost of the machine is only a part of the total cost of testing at home. The glucose testing strips are a major and recurrent cost. The testing device is of no use without these strips and diabetics would benefit only when the price of these strips come down. RAKSHIT TEWARI, AhmedabadSafety CatchDo our politicians and actors feel their lives are more precious than those of our soldiers or senior citizens who are soft targets for anti-social elements (“VIP Insecurity”, August 9)? People should not be forced to pay for the security of the privileged classes. S.L. BEDEKAR, BangaloreHit ParadeSalman Khan is the only actor who dares to be different (“Role Reversal”, August 2). When most other actors are doing only one or two films a year, Salman will have seven releases in a single year.With his hattrick of hits one can easily say that he is one of the most bankable stars in Bollywood. NITESH VYAS, on e-mailBasic ProblemThe Punjab Government is well within its rights to promulgate the legislation cancelling all its watersharing agreements (“Troubled Waters”, July 26). Punjab is an agrarian economy and it needs water to support the farming community. Contrary to popular belief, it relies heavily on groundwater to meet its agricultural requirements. But now even groundwater levels have dipped because of the indiscriminate installation of tubewells. SATISH SHARMA, DelhiCHARGE COUNTER CHARGEIt is difficult to believe Shujaat Hussain’s contention that Nawaz Sharif is lying because none of his pro-India statements would have endeared him to anyone in Pakistan (“Nawaz Sharif is Lying”, August 16). KESHAV AGARWAL, on e-mailBlame game seems to have become the national sport of Pakistan. The interview raises doubts about whom we should believe. SUBHAM PATHAK, BangaloreHussain’s statements on the Kargil war conceal rather than reveal what actually took place. H.R. BAPU SATYANARAYANA, Mysoreadvertisementlast_img read more

Fajardo leads PBA Governors’ Cup BPC race; Durham top import

first_imgHowever, Fajardo’s quest for a record-setting sixth BPC plum is in peril if sixth-seed San Miguel does not make it past the quarterfinals, where it will take on a third-seed Ginebra armed with a twice-to-beat advantage.Meralco swingman Chris Newsome is at distant second with 33.273 SPs after leading the Bolts to the top seed at the end of the eliminations.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games openingGinebra center Greg Slaughter is at third with 33.091 SPs, San Miguel forward Arwind Santos at fourth with 32.273 SPs, and TNT’s Jayson Castro at fifth with 32.200 SPs.Rounding out the top 10 are Alex Cabagnot of San Miguel (30.273 SPs), Stanley Pringle of GlobalPort (29.444 SPs), Calvin Abueva of Alaska (29.000 SPs), Baser Amer of Meralco (28.900 SPs), and Kevin Alas of NLEX (28.727 SPs). Don’t miss out on the latest news and information. NBA players express frustration with Trump’s words LATEST STORIES MOST READ ‘A complete lie:’ Drilon refutes ‘blabbermouth’ Salo’s claims No more menthol cigarettes: New ban on tobacco, vape flavors Trump to designate Mexican drug cartels as terrorist groups Argentine bishop appears at court hearing on abuse charges Winter storm threatens to scramble Thanksgiving travel plans Meanwhile, Allen Durham is poised to reclaim the Best Import plum for the season-ending conference after averaging 27.82 points, 19.36 rebounds, 7.09 assists, and 1.18 blocks to amass 61.364 SPs.Chasing him for the award are TNT’s Glen Rice Jr. with 55.625 SPs, Phoenix’s Brandon Brown with 54.500 SPs, Blackwater’s Henry Walker with 53.250 SPs, and GlobalPort’s Murphy Holloway with 53.222 SPs.Sports Related Videospowered by AdSparcRead Next Lacson: SEA Games fund put in foundation like ‘Napoles case’ Photo by Tristan Tamayo/INQUIRER.netJune Mar Fajardo is once again on pace to etch his name in the history books as he leads the statistical points race for the Best Player of the Conference in the 2017 PBA Governors’ Cup.The 6-foot-10 giant emerged as the top local performer after amassing 37.900 statistical points (SPs) powered by his averages of 18.5 points, 10.0 rebounds, 2.0 blocks, and 1.7 assists.ADVERTISEMENT Hotel says PH coach apologized for ‘kikiam for breakfast’ claim Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ View comments Trending Articles PLAY LIST 00:50Trending Articles01:42Despite decorated career, June Mar Fajardo is not yet done: ‘I don’t want to be stagnant’00:50Trending Articles02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Gameslast_img read more