The future looks bright for the chemicals group AECI, whic recently sold land in Modderfontein to Chinese investors.

AECI, South Africa’s biggest chemicals and explosives manufacturer, expects sales of water-treatment chemicals to grow by more than 10% in 2013.

Most innovative environmental strategy award, runner-up: <b>AECI</b>.

AECI expects to cut 640 jobs, the listed chemicals company said on Tuesday. This was due to the expected closure of two of its plants.