SA chemical and explosives group AECI said this week it was closer to concluding the disposal of four business units in a R300m deal to Chemical Services Ltd (Chemserve). The four AECI businesses are Industrial Urethanes, Kynochem, AECI Aroma/Fine Chemicals and AECI coatings. They supply specialised chemical products or services to their respective markets. ”For AECI, the transaction will bring further focus and clarity to a business portfolio that has been radically streamlined over the past two years,” the note said. – Reuters