- CEO
- Dean K. Murray
- Full Time Employees
- 6,938
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- Address
- AECI Place Sandton South Africa 2191
- IPO Date
- Aug 14, 2008
- Business
- AECI Ltd (JSE: AFE; OTC: AECLY) manufactures and supplies explosives, initiating systems, mining chemicals, water treatment solutions, crop protection products, plant nutrients, animal health products, specialty chemicals, and property leasing services to mining, water, agriculture, food and beverage, infrastructure, manufacturing, and general industrial sectors. The company operates through segments including AECI Mining, which provides commercial explosives, bulk emulsions, blasting services, and ore beneficiation chemicals; AECI Water, offering integrated water treatment chemicals and equipment; AECI Agri Health, producing crop protection agents, fertilizers, animal premixes, and fine chemicals; AECI Chemicals, supplying raw materials for food processing, road construction, and industrial applications; and AECI Property Services & Corporate, managing leasing in office, industrial, and retail spaces. Founded in 1924 and headquartered in Sandton, South Africa, AECI conducts business across more than 20 countries in Africa, Europe, Asia, North America, South America, and Australia with over 6,300 employees. Recent strategic changes include the divestment of its Food & Beverage division to Sana Partners, disposal of Schirm US and Baar-Ebenhausen assets in Germany, sale of Much Asphalt to Old Mutual Private Equity and Sphere Investments in November 2024, signing of agreements to sell its Public Water business and Animal Health unit in 2025, implementation of a new operating model by mid-2024 to streamline decision-making, and a US$31 million investment to double profitability of its US mining business.