BNET Industries
Market Cap:$89.4M
Last Fiscal Year Sales:$1.3B
- Public
- ZA
Dow Jones Description
Specialty Chemical Mfr
Number of Employees 7,251
Contact Information
AECI Place 24 The Woodlands
Woodlands Dr Woodmead
Sandton 2196
(27) 11 806 8700
Peer Companies
NAICS Code All Other Specialty Food Stores: 445299
Recent Events
-
BRIEF-AECI says pays 17.1 mln rand cash dividend
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UPDATE 2-AECI sees better H2 as sales decline slows
News & Analysis
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aeci ltd. - All News and Analysis
Fitch Rates AECI's $71.55MM PCRBs 'AA'; Revises Outlook on Outstanding Bonds to Stable
NEW YORK -- Fitch assigns an 'AA' rating to Associated Electric Cooperative's AECI $71.55 million pollution control revenue refunding bonds PCRBs series 2008. Fitch also affirms the 'AA' rating on all outstanding PCRBs. The Rating Outlook is revised to Stable from Negative. The bonds are being issued to refund...
AECI LTD - Dividend Declaration.
AECI LIMITED Incorporated in the Republic of South Africa (Registration No 1924/002590/06) Share code AFE ISIN no ZAE000000220 NOTICE TO SHAREHOLDERS: Final ordinary cash dividend No. 148 Notice is hereby given that on Monday, 25...
AECI LTD - Reviewed condensed consolidated results y/e 31.12.07.
AECI AECI LIMITED Incorporated in the Republic of South Africa (REGISTRATION NUMBER 1924/002590/06) SHARE CODE: AFE ISIN NO: ZAE 000000220 REVIEWED CONDENSED CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2007 ...
AECI LTD - CHANGES TO THE BOARD OF DIRECTORS & SENIOR MANAGEMENT.
AECI LIMITED Incorporated in the Republic of South Africa (Registration No. 1924/002590/06) ("AECI" or "the Company") Share code: AFE ISIN No. ZAE000000220 CHANGES TO THE BOARD OF DIRECTORS AND SENIOR MANAGEMENT Shareholders...
AECI LTD - Trading Statement.
AECI LIMITED Incorporated in the Republic of South Africa Registration No. 1924/002590/06 Share code: AFE ISIN code: ZAE00000020 ("AECI" or "the Company") TRADING STATEMENT AECI is currently finalising its...
AECI LTD - Statement re World Class JV Plant for Senmin.
AECI LIMITED Incorporated in the Republic of South Africa Registration No. 1924/002590/06 Share code: AFE ISIN code: ZAE00000020 ("AECI" or "the Company") NEWS RELEASE WORLD CLASS JOINT VENTURE PLANT...
AECI LTD - Directorate Change.
AECI LIMITED Incorporated in the Republic of South Africa (Registration number. 1924/002590/06) Share code: AFE ISIN No. ZAE000000220 ("AECI" or "the Company") CHANGES TO THE BOARD OF DIRECTORS Schalk Engelbrecht has advised...
AECI LTD - Trading Statement.
AECI LIMITED Incorporated in the Republic of South Africa Registration No. 1924/002590/06 Share code: AFE ISIN number: ZAE00000020 ("AECI" or "the Company") TRADING STATEMENT As previously reported, AECI expects...
AECI LTD - Preference Dividend Declaration.
AECI LIMITED Incorporated in the Republic of South Africa (Registration Number 1924/002590/06) ISIN NO ZAE000000238 SHARE CODE AFEP ("AECI" or "the Company") NOTICE TO PREFERENCE SHAREHOLDERS - DIVIDEND NO. 139 ...
AECI LTD - Directorate Change.
AECI LIMITED Incorporated in the Republic of South Africa (Registration number. 1924/002590/06) Share code: AFEP & ISIN No. ZAE000000238 ("AECI" or "the Company") APPOINTMENT OF A NON- EXECUTIVE DIRECTOR AECI is pleased...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Schalk Engelbrecht | CEO |
| David W. McNabb | Chief Financial Officer |
| Neale Axelson | CFO |
| Ronald H Murphy | Chief Information Officer |
| Charles Baile | Vice President |
| Harold E. Jordan | Vice President |
| David P. Stump | Director of Personnel |
| Duane D. Highley | Director, Power Production |
| Gary Fulks | Director, Engineering and Operations |
| Keith E. Hartner | Director, Member Services and Corporate Communications |
| Louis van der Walt | Manager, Retirement Funds |
| Michael E King | Manager |
| Christopher Sinclaire | Group Treasurer |
| Martin Potgieter | Secretary & Head, Legal Dept |
| Michael Miller | Special Assistant |
| Patrick A Baumhoer | General Counsel |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Alan Pedder | Chairman |
| Cedric Savage | Board of Directors |
| Charles Betts | Board of Directors |
| Colin Brayshaw | Board of Directors |
| Fani Titi | Board of Directors |
| Frank Baker | Board of Directors |
| Graham Edwards | Board of Directors |
| Hixonia Nyasulu | Board of Directors |
| Jacques Pienaar | Board of Directors |
| Lex van Vught | Board of Directors |
| Litha Nyhonyha | Board of Directors |
| Michael Leeming | Board of Directors |
| Thys Loubser | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| AECI Limited | CEO | Current |
| Chemical Services Ltd. | Chairman | Current |
| Chemical Services Ltd. | Board of Directors | Current |
| AECI Limited | Board of Directors | Current |
| Chemical Services Ltd. | managing director | Former |
| Organization | Position | Status |
|---|---|---|
| Associated Electric Cooperative Inc. | Chief Financial Officer | Current |
| AECI Limited | Chief Financial Officer | Current |
| AECI Limited | Manager | Former |
| Associated Electric Cooperative Inc. | Manager of Resource Planning and Operations | Former |
| Missouri University of Science and Technology | Bachelor’S Degree In Electrical Engineering | Former |
| Associated Electric Cooperative Inc. | Team Member | Former |
| Organization | Position | Status |
|---|---|---|
| AECI Limited | CFO | Current |
| AECI Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Associated Electric Cooperative Inc. | Chief Information Officer | Current |
| AECI Limited | Chief Information Officer | Current |
| Associated Electric Cooperative Inc. | Manager of Technical Services | Former |
| AECI Limited | temporary programming assistant | Former |
| Associated Electric Cooperative Inc. | Systems Administrator | Former |
| Missouri State University | Bachelor of Science In Physics and Mathematics | Former |
AECI Treasurer Charles C. Baile has served on West Central Electric Cooperative's board of directors since 1978, including terms as vice president and president. Since 1990, he has served on the board of NW Electric Power Cooperative, serving as vice president. He joined AECI's board in 1997. A retired businessman and entrepreneur, Baile has owned service, real estate and farming businesses that have contributed to the development of the Warrensburg community.
| Organization | Position | Status |
|---|---|---|
| AECI Limited | Vice President | Current |
| AECI Limited | Treasurer | Current |
| Associated Electric Cooperative Inc. | Treasurer | Current |
| West Central Electric Cooperative | Wce Board Member, Warrensburg, Mo. | Current |
| Associated Electric Cooperative Inc. | President | Former |
| Associated Electric Cooperative Inc. | Vice President | Former |
| Associated Electric Cooperative Inc. | Treasurer | Former |
Associated director Harold E. Jordan has served in cooperative governance since joining the board of Black River Electric Cooperative in Fredericktown, Mo., in 1976. He was elected to the board of M&A Electric Power Cooperative in 1977, and he joined AECI's board of directors in 1998 and serves as vice president. A retired businessman who has owned and operated retail, construction and farming businesses, Jordan's association with cooperatives goes back to 1947. Working for a contractor, Jordan helped build 1,900 miles of line for Black River Electric Cooperative in four southeast Missouri counties, sometimes stringing three miles of line to bring electricity for the first time to one customer who had joined the cooperative and paid the $5 membership fee.
| Organization | Position | Status |
|---|---|---|
| AECI Limited | Vice President | Current |
| Associated Electric Cooperative Inc. | Vice President, M&A Electric Power Cooperative | Current |
| Associated Electric Cooperative Inc. | Director | Current |
| AECI Limited | Board of Directors | Current |
| M & A Electric Power Cooperative | Vice President | Former |
| M & A Electric Power Cooperative | Board Member | Former |
| Organization | Position | Status |
|---|---|---|
| Associated Electric Cooperative Inc. | Director, Human Resources | Current |
| AECI Limited | Director of Personnel | Current |
| Indiana, Inc. | Former | |
| Manchester College | Bachelor of Science In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Associated Electric Cooperative Inc. | Director, Power Production | Current |
| AECI Limited | Director, Power Production | Current |
| AECI Limited | plant manager | Former |
| Associated Electric Cooperative Inc. | Plant Manager | Former |
| Associated Electric Cooperative Inc. | Planning Engineer | Former |
| AECI Limited | Supervisor | Former |
| Associated Electric Cooperative Inc. | Director | Former |
| AECI Limited | Director | Former |
| Missouri University of Science and Technology | Master's Degree In Engineering Management | Former |
| Missouri University of Science and Technology | Bachelor of Science In Electrical Engineering | Former |
Mr. Fulks graduated from the University of Missouri-Rolla with a B.S. in Electrical Engineering in 1971. He began his career with San Diego Gas and Electric Company working in Distribution Engineering and Substation Design. From 1974 until April of 2007, Mr. Fulks was employed by Associated Electric Cooperative, Inc. in various capacities in the Planning Department where he was Manager of Planning and Engineering from 1980-1996. In 1996 Mr. Fulks was then appointed to the position of Director, Engineering & Operations. Mr. Fulks has served on the NRE Transmission Task Force, Southwest Power Pool Engineering & Operations Committee, Executive Committee of the Southeastern Electric Reliability Council Engineering Committee and the North American Electric Reliability Council Reliability Criteria Subcommittee. He has completed the Executive Leadership program at the Smeal School of Business at Penn State University. In 2002, Mr. Fulks received Associated's highest award as recipient of the Excel Distinguished Service Award and was elected into the Academy of Electrical and Computer Engineers at the University of Missouri-Rolla. In April of 2007, Mr. Fulks was selected by the Sho-Me Power Board of Directors as Sho-Me's new General Manager, and now serves on the Board of Directors of Associated Electric Cooperative, Inc.
| Organization | Position | Status |
|---|---|---|
| Sho-Me Power Corporation | General Manager | Current |
| AECI Limited | Director, Engineering and Operations | Current |
| Associated Electric Cooperative Inc. | Director | Current |
| Associated Electric Cooperative Inc. | Director | Current |
| Planning Ltd. | Manager | Former |
| Electric Company | Former | |
| Missouri University of Science and Technology | B.S. In Electrical Engineering | Former |
| The Pennsylvania State University | Executive Program | Former |
| Organization | Position | Status |
|---|---|---|
| Associated Electric Cooperative Inc. | General Manager & Executive Director | Current |
| AECI Limited | Director, Member Services and Corporate Communications | Current |
| Associated Electric Cooperative Inc. | Special Assistant, CEO | Former |
| Bonneville Power Administration | Deputy Director | Former |
| Associated Electric Cooperative Inc. | Director of Member Services and Corporate Communications | Former |
| Central Electric Cooperative Inc. | Office Manager | Former |
| Organization | Position | Status |
|---|---|---|
| AECI Limited | Manager, Retirement Funds | Current |
Mike King joined AECI in August 1980 as an internal auditor and was selected in May 1983 as manager of the internal audit department. He holds an undergraduate degree in business administration and economics from Drury University and a master's in accountancy from the University of Missouri-Columbia.
| Organization | Position | Status |
|---|---|---|
| AECI Limited | Manager | Current |
| Associated Electric Cooperative Inc. | Manager, Internal Audit | Current |
| AECI Limited | Internal Auditor | Former |
| University of Missouri-Columbia | Master's In Accountancy | Former |
| University of Missouri-Columbia | Undergraduate Degree In Business | Former |
| Drury University | Undergraduate Degree In Business Administration and Economics | Former |
| Drury University | degree in business administration | Former |
| Organization | Position | Status |
|---|---|---|
| AECI Limited | Group Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| AECI Limited | Secretary & Head, Legal Dept | Current |
Michael Miller joined AECI in 1998 and served as the cooperative's chief financial officer eight years before becoming special assistant to the CEO and general manager. In this position, Miller continues to work on site development for a proposed coal plant and other special projects as directed by the CEO and general manager and chief financial officer. Prior to joining Associated, Miller was vice president, finance, for Silver Dollar City Inc., where he was responsible for capital funding, accounting and treasury. Miller has a Bachelor of Science in business administration from the University of Missouri, a master's degree in business administration from the University of Missouri-Kansas City and is a Certified Public Accountant in Missouri.
| Organization | Position | Status |
|---|---|---|
| AECI Limited | Special Assistant | Current |
| Associated Electric Cooperative Inc. | Special Assistant, CEO | Former |
| AECI Limited | Assistant To CEO | Former |
| Associated Electric Cooperative Inc. | CFO | Former |
| AECI Limited | Chief Financial Officer | Former |
| Associated Electric Cooperative Inc. | Special Assistant, General Manager | Former |
| AECI Limited | Assistant To General Manager | Former |
| Lozier Corporation | corporate controller | Former |
| University of Missouri-Kansas City | Master's Degree In Business Administration | Former |
| University of Missouri | Bachelor of Science In Business Administration | Former |
Pat Baumhoer joined AECI in January 2000. Previously, he was a partner for the law firm of Andereck, Evans, Milne, Peace and Baumhoer for 20 years and worked on many cooperative issues. Baumhoer has a bachelor's degree in economics from Cornell University and a juris doctor's degree from the University of Missouri.
| Organization | Position | Status |
|---|---|---|
| AECI Limited | General Counsel | Current |
| Associated Electric Cooperative Inc. | General Counsel | Current |
| The Peace Company | Partner | Former |
| University of Missouri | Juris Doctor | Former |
| Cornell University | Bachelor's Degree In Economics | Former |
| University of Missouri | Degree | Former |
| Organization | Position | Status |
|---|---|---|
| AECI Limited | Chairman | Current |
| AECI Limited | Board of Directors | Current |
| Intervest Construction Inc. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| AECI Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| AECI Limited | Board of Directors | Current |
| Intervest Construction Inc. | Former |
| Organization | Position | Status |
|---|---|---|
| Datatec Limited | Board of Directors | Current |
| AECI Limited | Board of Directors | Current |
| Deloitte Touche Tohmatsu | managing partner | Former |
| Deloitte Touche Tohmatsu | chairman | Former |
| Organization | Position | Status |
|---|---|---|
| AECI Limited | Board of Directors | Current |
| African Bank Investments, Ltd. | executive director | Former |
| Organization | Position | Status |
|---|---|---|
| Chemical Services Ltd. | Managing Director | Current |
| Chemical Services Ltd. | Board of Directors | Current |
| AECI Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| African Explosives Limited (Ael) | Managing Director of African Explosives Limited | Current |
| AECI Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| AECI Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| AECI Limited | Board of Directors | Current |
| Chemical Services Ltd. | industrial relations manager | Former |
| Organization | Position | Status |
|---|---|---|
| Chemical Services Ltd. | Chairman | Current |
| AECI Limited | Board of Directors | Current |
| Tiger Brands Ltd. | Board of Directors | Current |
| Impala Platinum Holdings Limited | Board of Directors | Current |
| AECI Limited | CEO | Former |
| Tiger Brands Ltd. | non-executive director | Former |
| Organization | Position | Status |
|---|---|---|
| AECI Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| AECI Limited | Board of Directors | Current |
| S.Com, Inc. | member | Former |
| Organization | Position | Status |
|---|---|---|
| AECI Limited | Board of Directors | Current |
| Volume | 2,090 |
| Shares Outstanding | 4.0M |
| Market Cap | 89.4M |
| Year High | 24.50 |
| Year Low | 9.33 |
| Earnings Per Share | 0.00 |
| P/E Ratio | N/A |
| Dividend | 1.7813 |
| Yield | 7.97 |
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