Sasol has appointed Antje Gerber as executive vice president Chemicals and member of the group executive committee, effective April 15, 2024. She will succeed Brad Griffith, who is to retire on June 30, 2024.
French industrial gases company Air Liquide and South African energy company Sasol have signed a power purchase agreements (PPAs) with Enel Green Power for the long term supply of an additional capacity of 110 MW of renewable power to Sasol’s Secunda site in South Africa.
Sasol Chemicals, a division of Sasol Ltd., and Solugen have unveiled a partnership to investigate the development of innovative solutions to address the increasing consumer need for eco-friendly ingredients in household and personal care items.
Sasol has signed two separate agreements for the supply of renewable energy to its sites in Sasolburg and Secunda in South Africa.
South African energy and chemical company Sasol has sold German subsidiary Sasol Wax to Awax, an Italian specialist in developing, producing and distributing wax products. The transaction excludes the South African Fischer-Tropsch hard wax business, which also includes the part that is managed by Sasol Wax.
South Africa’s Competition Commission has blocked Sasol’s proposed sale of its sodium cyanide business to Czech-based firm Draslovka on pricing concerns. Sasol said the decision to block the deal was unexpected, particularly given that the Commission had fully evaluated the pricing issue earlier in the review process.
Haldor Topsoe and Sasol have expanded their gas-to-liquids (G2L) collaboration to jointly license and develop their technologies for sustainable liquid fuels and chemicals production through Fischer-Tropsch (FT) technology. The companies originally entered into a partnership to jointly license their GTL technologies in December 2019, but have worked together for more than 20 years.
South Africa’s Sasol has agreed to sell its sodium cyanide business to a local subsidiary of Draslovka Holding, a privately owned Czech-based company, for 1.46 billion Rand, or approximately $101 million. The deal, part of Sasol’s ongoing asset divestment program, is expected to close in the first half of 2022, subject to antitrust clearance and other license and permit regulatory approvals.
South African chemical producer Sasol has completed the sale of a 50% stake in its US base chemicals business at Lake Charles, Louisiana, to LyondellBasell following shareholder approval. The Johannesburg group’s shares initially rose 3% on the news.
Ineos Olefins and Polymers USA has agreed terms to buy Sasol’s 50% stake in their Gemini joint venture for $404 million, taking full ownership. The deal is scheduled to close by year end, contingent on financing.
South African chemical group Sasol has started up the seventh and last plant at its glitch-plagued Lake Charles Chemicals Project (LCCP) in Lake Charles, Louisiana, USA. The 420,000 t/y LDPE facility, which uses ExxonMobil technology, was originally planned to start up in January 2019, but was damaged by an explosion and fire during commissioning.
LyondellBasell has agreed to pay $2 billion for a 50% stake in Sasol’s glitch-plagued production complex in Lake Charles, Louisiana, USA, The deal, scheduled to close at year’s end, includes joint ownership of the site’s new ethane cracker and downstream plastics production.
Air Liquide and Sasol have entered into exclusive negotiations for the French industrial gases group to acquire Sasol’s oxygen production site in Secunda, South Africa. The move is part of Sasol’s plans to cut CO2 emissions.
