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  • 02.09.2022 – 12:30

    Sasol and ITOCHU announcing Memorandum of Understanding (MoU) on green hydrogen and ammonia

    Johannesburg (ots/PRNewswire) - Sasol and ITOCHU Corporation have signed a Memorandum of Understanding (MoU) to jointly study and develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation. The parties will also evaluate ITOCHU's potential involvement and participation in Sasol's green ammonia ...

  • 23.08.2022 – 11:02

    Sasol posts strong financial results supported by macroeconomic environment

    Johannesburg (ots/PRNewswire) - - Black-owned businesses spend in South Africa up 40% to R33,6 billion of R55,8 billion B-BBEE spend - Invested R1,2 billion in skills development - Key terms agreed with IPPs for more than 600MW of renewable energy for SA Operations - Balance sheet strengthened with net debt down to US$3,8 billion - Reinstatement of dividend of R14,70 ...

  • 25.05.2022 – 02:07

    International consortium to advance decarbonisation of the aviation sector

    Johannesburg, South Africa (ots/PRNewswire) - CARE-O-SENE research project will develop advanced catalysts for sustainable aviation fuels Sasol (JSE: SOL, NYSE SSL) and Helmholtz-Zentrum Berlin (HZB) will lead a consortium to develop and optimise next-generation catalysts that will play a key role in decarbonising the aviation sector through sustainable aviation fuels ...

  • 06.10.2021 – 17:26

    Sasol announces lead role in feasibility study for the Boegoebaai Green Hydrogen Project

    Johannesburg (ots/PRNewswire) - The Boegoebaai "green hydrogen" development has been designated a Strategic Integrated Project (SIP) in the South African National Development Plan and is located in the Namakwa Special Economic Zone (SEZ). The project's location and classification as a SIP are key enablers to exploring Boegoebaai's potential as a global green hydrogen ...

  • 07.09.2021 – 14:43

    Sasol and Central Energy Fund sign strategic MOU to accelerate gas development in South Africa

    Johannesburg (ots/PRNewswire) - Sasol and the Central Energy Fund (CEF) have signed a memorandum of understanding (MOU) to collaborate on accelerating the development of gas solutions in South Africa. This agreement brings together South Africa's two leading pioneers of the gas industry that possess deep experience in operating across the gas value chain, from ...

  • 12.03.2021 – 06:13

    Sasol issues US dollar senior notes

    Johannesburg (ots/PRNewswire) - Sasol Limited ("Sasol") herewith announces that its wholly owned subsidiary Sasol Financing USA LLC (the "Issuer") has priced an offering of US$-denominated, SEC-registered notes (the "Notes"), including $650 million of senior notes due 2026 (the "2026 Notes") and $850 million of senior notes due 2031 (the "2031 Notes"). The 2026 Notes will bear interest at a rate of 4,375% per annum. The ...

  • 16.11.2020 – 06:30

    Sasol announces beneficial operation of Louisiana low-density polyethylene (LDPE) unit

    Lake Charles, La. (ots/PRNewswire) - Seventh unit marks completion of Lake Charles Chemicals Project Sasol today announced our LDPE unit reached beneficial operation on 15 November 2020. The LDPE unit is the seventh and final Lake Charles Chemicals Complex unit to come online. The LCCP is now 100 percent complete with total capital expenditure forecast to be within the ...

  • 09.10.2019 – 12:00

    Sasol Invests in First South African-owned Chemical Tanker Through Nduna Maritime

    Durban, South Africa (ots/PRNewswire) - Nduna Maritime and Sasol have entered into a R400 million enterprise and supplier development (ESD) funding agreement through the Sasol Siyakha Trust, in South Africa's first locally-owned maritime vessel. This is Sasol Siyakha's single largest funding agreement to date. The specialised chemical tanker, named Bow Cecil, is the ...

  • 28.08.2019 – 16:49

    Sasol Announces Beneficial Operation of World-scale Louisiana Ethane Cracker

    Lake Charles, Louisiana (ots/PRNewswire) - Three units now online comprise more than 60% of LCCP's total output Sasol today announced our world-scale U.S. Ethane Cracker reached beneficial operation on 27 August 2019. Sasol's new Cracker, the heart of our Lake Charles Chemicals Project (LCCP), is the third and most significant of the seven LCCP facilities to come ...

  • 12.03.2018 – 17:29

    Long-Term Marketing Agreement Between Sasol and HELM AG

    Hamburg, Germany (ots/PRNewswire) - i Sasol Chemicals and HELM AG have entered into a long-term marketing agreement for ethylene glycols. The marketing agreement between Sasol and HELM comes into effect upon the start-up of Sasol's new ethylene oxide and ethylene glycol (EO/EG) units in Lake Charles, Louisiana, USA. Sasol's EO/EG unit has a nameplate capacity of 250.000 mt/year for monoethylene glycol (MEG) with ...

  • 14.02.2018 – 14:20

    Sasol Chemicals Expands Alumina Production Capacity to Meet Growing Market Demand

    Hamburg, Germany (ots/PRNewswire) - Sasol Chemicals' Inorganics and Catalyst division announced the completion of its alumina capacity expansion at Sasol's Brunsbüttel site in Germany. The expansion will increase Sasol's alumina hydrate production capacity in Brunsbüttel by approximately 15,000 tons per annum, enabling the company to meet growing global demand for ...

  • 06.02.2018 – 10:26

    Sasol's R13,6 billion FT Wax Expansion Project Complete, Successfully Commissioned

    Sasolburg, South Africa (ots/PRNewswire) - Today, Sasol inaugurated the full completion of its R13,6 billion FT Wax Expansion Project (FTWEP). Phase 2 began beneficial operation in March 2017, while phase 1 was commissioned in 2015. "With completion of this project, South Africa is now one of the leading countries of wax production globally. "We're enormously proud of ...

  • 23.11.2017 – 11:56

    Sasol Signs US$3,9 Billion Five-year Revolving Credit Facility

    Johannesburg (ots/PRNewswire) - Sasol, the South African chemicals and energy company, has increased its existing US$1,5 billion Revolving Credit Facility ("the Facility") to US$3,9 billion and extended the maturity to five years with the inclusion of two further extension options of one year each. Sasol launched this transaction with a targeted facility size of US$3,0 ...

  • 23.11.2017 – 09:25

    Sasol Unveils Strategy to Drive Future Value-based Growth

    Johannesburg (ots/PRNewswire) - Sasol today unveiled its refined corporate strategy, which sets a clear path for sustainable growth and accelerated shareholder returns. Joint President and Chief Executive Officer (CEO), Stephen Cornell says: "In developing our strategy, we considered both the opportunities and risks we face, informed by developments in the external environment. It is clear that megatrends influential to ...

  • 08.06.2017 – 08:51

    Sasol Breaks Ground on new Alkoxylation Production Facility in China

    Nanjing, China (ots/PRNewswire) - Sasol Limited (JSE: SOL; NYSE: SSL), a leading integrated chemicals and energy company, formally began construction of its new alkoxylation plant in Nanjing, Jiangsu Province. Ushered in by a ground-breaking ceremony on June 8th at the Nanjing Chemical Industrial Park (NCIP), the new plant is expected to be fully operational in early ...

  • 30.03.2017 – 14:33

    Sasol Receives Best Corporate Taxpayer Award in Mozambique for Second Time

    Maputo, Mozambique (ots/PRNewswire) - Sasol Petroleum Temane (SPT) received the award for Best Corporate Taxpayer for 2016 at the Mozambique's Tax Authority's annual event held on 22 March 2017. The event acknowledged various corporate companies who received certificates of recognition from the Tax Authority Chairperson Amelia Nakhare. This is the second year that SPT ...

  • 26.05.2016 – 13:01

    Sasol Commences Drilling of Mozambique PSA Licence

    Johannesburg (ots/PRNewswire) - Today, Sasol's field development plan (FDP) for the Production Sharing Agreement (PSA) licence in Inhambane province, Mozambique, reached an important milestone with the commencement of the drilling of the first well. Adjacent to its current producing Petroleum Production Agreement licence, the PSA development is an integrated oil, Liquefied Petroleum Gas (LPG) and gas project. The spud ...

  • 01.02.2016 – 13:13

    Sasol Obtains Approval for Mozambique Field Development Plan

    Johannesburg (ots/PRNewswire) - Sasol has obtained approval from the Mozambique Council of Ministers for its field development plan (FDP) that will see further hydrocarbon resources developed to support Southern Africa growth. To be developed in phases, the first phase of the Production Sharing Agreement (PSA) licence area development proposes an integrated oil, LPG and gas project adjacent to Sasol's existing Petroleum ...

  • 30.10.2015 – 10:44

    Sasol, Partners Awarded On- and Offshore Blocks in Mozambique's 5th Licensing Bid Round

    Johannesburg (ots/PRNewswire) - Sasol has confirmed that two of its three applications in Mozambique's 5th Licensing Round were successful. Sasol (70% interest, operator) and Empresa Nacional de Hidrocarbonetos (ENH), the state oil company (30% carried interest), were awarded the onshore Area PT5-C, which is 3,012 square kilometres, adjacent to the Pande and Temane ...

  • 11.09.2015 – 15:06

    Sasol, Partners Award US$45mn Condensate Sales Contract to PETROMOC

    Maputo, Mozambique (ots/PRNewswire) - In a drive to promote local content in Mozambique, Sasol and its partners have entered into an agreement with Petroleos de Mocambique (PETROMOC), Mozambique's state-owned distributor of petroleum products, to purchase condensate from the Central Processing Facility in Temane, Inhambane province. "Promoting local content is key to ...

  • 02.06.2015 – 16:04

    Sasol's Wax Expansion Project Phase I Successfully Commissioned

    Johannesburg (ots/PRNewswire) - Phase I of Sasol's Fischer-Tropsch Wax Expansion Project (FTWEP) has been successfully commissioned at its Sasolburg Operations in South Africa. "This is a significant milestone and we are very pleased with this development. It marks another step towards expanding our Southern African operations as part of our dual regional strategy, while demonstrating our commitment to South Africa ...

  • 20.05.2015 – 10:03

    Sasol Performance Chemicals Expands Catalyst Carrier Production Capacity

    Brunsbüttel, Germany (ots/PRNewswire) - Today, Sasol announced that it has expanded the production capacity of its alumina spheres plant in Brunsbuettel to 4,000 tonnes per annum. Through the company's Performance Chemicals Inorganics & Catalyst division, a leading global producer of inorganic specialities, it produces high purity and ultra-high purity alumina that is ...

  • 09.03.2015 – 07:36

    Sasol Delivers Solid Operational Performance

    Johannesburg (ots/PRNewswire) - Salient features - Strong group-wide operational performance - 3% increase in liquid fuels sales volumes for Energy business in Southern Africa - Performance Chemicals and Base Chemicals sales volumes up 5% and 1% respectively - Normalised cash fixed costs 0,7% below inflation - Headline earnings per share up by 6% to R32,00 - Business Performance Enhancement Programme annual cost savings ...

  • 29.09.2014 – 16:09

    Sasol Limited: Appointment of Executive Director and Chief Financial Officer

    Johannesburg (ots/PRNewswire) - Today, Sasol appointed Bongani Nqwababa as Executive Director and Chief Financial Officer (CFO) of Sasol with effect from 1 March 2015. Nqwababa has been an independent non-executive director and a member of Sasol's Audit Committee since 5 December 2013. He has been the Finance Director of Anglo American Platinum Limited since 2009. He ...