Load-shedding and transport problems in SA push company into Asia Pacific joint venture
Fertiliser, explosives and chemicals group Omnia is solidifying itself as a serious contender in global mine-blasting markets after establishing a joint venture with Indonesia’s second-largest explosives group.
The move is in tandem with the group’s strategy to deploy capital outside SA, where CEO Seelan Gobalsamy says headwinds including electricity shortages and port challenges continue to weigh on a high inflationary operating environment...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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