Coega Development Corporation gave an update of its investment projects including its R60 Million Orion Engineered Carbons Oil Tank Project, its Biofibre Hub Project (R1 billion) and its Hive Hydrogen Green Ammonia Project.
Dr. Ayanda Vilakazi, Coega’s Unit Head of Marketing, Brand and Communications, said all of Coega’s 11 projects, are showing good progress.
She said the Carbons tank farm project has strong links with the automotive sector. It is the development of 18,000 cubic meters tanks for the storage of carbon black feedstock oil, which is used in the manufacturing of tyres.
A 5,4 kilometer pipeline to transport the oil from Coega Harbour to a new facility was also recently completed.
The Biofibre Hub developed in partnership with the CSIR (Council for Scientific and Industrial Research), develops plant-based fibers, used as bast fibres, help and flex. Final products are parcel trays, door lining inside the car, and panels.
This project is expected to launch a component to focus on leaf fibre, to be produced from pineapples from the Karoo. Once completed, plant leather seats, will be used for upmarket cars.
Picture of Coega Development Zone, Supplied