SOUTH AFRICA: Renault in R11 billion catalyst deal
French car maker Renault is to buy 14 million catalytic converters from South Africa, reports Cartoday.com (28/11/00). According to the report, the six-year export contract - worth 11 billion rand- begins in February 2001 and ends in 2007. Components will be sourced from six Port Elizabeth-based suppliers - NGK, Engelhard, Johnson Matthey, Fuare Ecia, Autocat and Corning - and are to be supplied to Renault in Europe.
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