ESSENTIAL FOR LIFE
Having started out as a single phosphate mining operation in 1951, Foskor has rapidly grown into a reputable and highly profitable producer of phosphate rock concentrate and phosphoric acid. As a result of Foskor's strategic expansion over the years, its primary business shifted from basic mining to the beneficiation of phosphate rock into phosphoric acid and phosphate-based fertilizers. These end products are sold locally and globally.
Phosphate, like water, is essential for life, and is an integral part of our metabolism. Phosphate can be found in virtually all natural foods, such as eggs, milk, maize and meat products. Phosphate is also used in processed products such as fizzy drinks, toothpastes and certain pharmaceuticals.
In the phosphate cycle, plants absorb soluble phosphate from the soil. The plants are eaten by animals and humans and the ingested phosphate is utilised by our bodies. Phosphate in soil can be either "fixed" which is totally insoluble phosphate, or soluble (water and citric acid-soluble). Without the replenishment of phosphates in the soil, all soluble types would be depleted very quickly. Worldwide, soil replenishment is usually done through manual addition of phosphate fertilizers.
Rock phosphate is the raw material used in the manufacturing of phosphate fertilisers, animal feed supplements and industrial chemicals. The starting point of phosphate fertilizers is phosphoric acid, which is produced in Richards Bay by the reaction of concentrated Sulphuric acid with phosphatebearing rock. A gypsum (Calcium Sulphate) byproduct is separated from the acid through filtration before it is discharged. The phosphoric acid is then concentrated through vacuum evaporation to its final concentration of 54% P2O5 (74.5% H3PO4). This product acid is sold internationally.
Today the Foskor Group comprises three main mining and production facilities in Richards Bay and Phalaborwa. Foskor Richards Bay is located in the KwaZulu-Natal Province of South Africa - an area known for its huge industrial development and harbour export facilities. Foskor Richards Bay primarily produces Phosphoric Acid and Phosphate-based Fertilizers, while also distributing lower volumes of Sulphuric Acid to customers within the South African market.
Foskor Phalaborwa is situated in Limpopo, South Africa. The Phalaborwa region is known for its extensive Phosphate and Copper reserves. The Foskor facilities in this area are focused on the mining and beneficiation of Phosphate rock. Foskor has a percentage of the traded Phosphoric Acid market share worldwide. Through additional production, Foskor has positioned itself as an internationally significant Phosphoric Acid producer with the potential to become in 2011 the fourth largest international trader of Phosphoric Acid with a 12% world market share.
The Group's focus lies in motivating staff to perform to the best of their abilities and transform the business into a highly competitive world-class company that is a source of pride for all South Africans. Foskor is a strong proponent of the principle of "freedom of association" and through negotiations with employees, has evolved structures for meaningful negotiation and consultation. With these structures and the practice of participative management, an environment has been created in which Foskor's employees make a valuable contri-bution to the performance of the company. Foskor (Pty) Limited has been certified as a Best Employer South Africa 2011.
Safety, Health, Environment And Quality
Foskor Richards Bay significantly improved its Safety, Health, Radiation, Environment and Quality (SHREQ) performance and contributes to sustainable development outcomes for all stakeholders.
One of the key advantages of the establishment of the Foskor Group is that it provides a wider range of expertise on all aspects of the business, including SHREQ Management with its dedicated and committed team. It also gives increased access to expertise and best practices that can be shared across the Foskor Group, creating a faster rate of improvement.
As an active member in the immediate environment in which it operates, Foskor acknowledges and accepts its responsibility towards the community. These are some of social responsibility projects that Foskor undertakes:
Homestead Food Gardens Project which trained in access 400 households in sustainable organic agriculture and the principle of permaculture. Each household receiving tools and seeds required to establish a productive organic home food
Tractors Project for Msinga and Nhlangwini Community aimed at assisting numerous subsistence and scale farmers in KwaZulu-Natal by up-skilling them, providing them with farming advisory services as well as supporting the land fertilization programme.
The Dinaledi Schools project, an initiative started by the Department of Education, recognizes schools that excel in Math and Science and promote their abilities to potential funding from the private sector. Foskor's objective for the project is to develop a sustainable CSI project which assists the Department of Education in addressing the current skills shortage in Math and Science. Foskor invested in Science Equipment for Khula and Dover High School to the value of R100 000 for each school.
Ntambanana Housing Project, five fully furnished houses have been built for widowed and orphaned families. Ntanbanana Municipality is one of the poorest municipalities amongst Zululand local communities.
Business Against Crime initiatives in the northern KwaZulu-Natal area.
Nature of Business: Phosphate Rock, Copper
concentrate, Phosphoric Acid and Granular
Holding Company: Industrial Development Corporation
Date Established: 1951
No. of Employees: Approximately 2 000
Bank: Standard Bank, ABSA, Nedbank
Auditors: PricewaterhouseCoopers and
Ngubane & Co.
B-BBEE Status: Level 5
CEO and President: M.A. Pitse
Chief Financial Officer: T.J. Koekemoer
Vice President - Mining: J.W. Horn
Acting Vice President - Acid Division:
Vice President - Marketing & Sales: G. Skhosana
Vice President - Human Capital: X.S. Luthuli
Vice President - Procurement & Logistics:
Vice President - Corporate Affairs: S.S. Sibisi
Vice President - New Business & Strategy
Development: P. Mosweu
CONTACT DETAILS Corporate Head Office
Physical Address: Riverview Office Park, Block
G, Janadel Avenue, Midrand
Postal Address: PO Box 2494, Halfway House,
Tel: +27 (0)11 347 0600
Fax: +27 (0)11 347 0640
Website: http://www.foskor.co.za Richards Bay Acid Division
Physical Address: 21 John Ross Parkway,
Richards Bay, KwaZulu-Natal, 3900
Postal Address: PO Box 208, Richards Bay,
Tel: +27 (0)35 902 3111
Fax: +27 (0)35 797 3739 Phalaborwa Mining Division
Physical Address: 27 Selati Road, Phalaborwa,
Postal Address: PO Box 1, Selati, 1390
Tel: +27 (0)15 789 2000
Fax: +27 (0)15 789 2094
18 July 2011. Phalaborwa. Foskor hereby wishes to announce that the annual F21 or 21km charity fund raiser will be held in Namakgale, Phalaborwa at the Foskor Community Centre (FCC), previously known as the Phosphate club, on Saturday, 23 July 2011. view more
Foskor is pleased to announce that it was named Employer of the Year 2008/9 by the Zululand Chamber of Commerce and Industry. The Chamber also honoured Foskor with an "Above and Beyond" Award for "Best service excellence" and a "Premium Award" as the top performing company in that region. view more
State-owned Industrial Development Corporation ("IDC") today announced the successful bidders for a 26% broad-based black economic empowerment stake in vertically integrated phosphate and phosphoric acid producer, Foskor. view more