Johannesburg (ots/PRNewswire) - Sasol and ArcelorMittal South Africa have announced a partnership to develop carbon capture technology to produce sustainable fuels and chemicals, and green steel production through green hydrogen and derivatives. Under a joint development agreement (JDA), they will advance studies ...
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 ...
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$3,8 billion - Reinstatement of dividend of R14,70 ...
Munich and Johannesburg, 22 June 2022 (ots/PRNewswire) - - Deutsche Aircraft and Sasol ecoFT sign Memorandum of Understanding (MoU) to advance Power-to-Liquid as a Sustainable Aviation Fuel (PtL-SAF / H2-SAF(PTL)) - Both partners recognize the urgency of climate mitigation - Existing Fischer-Tropsch fuels will be ...
Johannesburg, South Africa (ots/PRNewswire) - CARE-O-SENE research project will develop advanced catalysts for sustainable aviation fuels Sasol (JSE: SOL, NYSE SSL) and Helmholtz-Zentrum Berlin (HZB) will lead a consortium to develop and optimise next-generation catalysts that will play a key role in decarbonising the aviation sector through sustainable aviation fuels ...
Johannesburg (ots/PRNewswire) - The Boegoebaai "green hydrogen" development has been designated a Strategic Integrated Project (SIP) in the South African National Development Plan and is located in the Namakwa Special Economic Zone (SEZ). The project's location and classification as a SIP are key enablers to exploring Boegoebaai's potential as a global green hydrogen ...
Johannesburg (ots/PRNewswire) - Haldor Topsøe and Sasol have expanded collaboration to jointly license and develop their technologies for sustainable liquid fuels and chemicals production through Fischer-Tropsch (FT) technology. Sasol and Topsøe currently offer integrated end-to-end solutions to produce synthetic ...
Johannesburg (ots/PRNewswire) - Sasol and the Central Energy Fund (CEF) have signed a memorandum of understanding (MOU) to collaborate on accelerating the development of gas solutions in South Africa. This agreement brings together South Africa's two leading pioneers of the gas industry that possess deep experience in operating across the gas value chain, from ...
Johannesburg (ots/PRNewswire) - Sasol Limited ("Sasol") herewith announces that its wholly owned subsidiary Sasol Financing USA LLC (the "Issuer") has priced an offering of US$-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 ...
Johannesburg (ots/PRNewswire) - In keeping with its priority Sustainable Development Goal (SDG) of responsible production and consumption, Sasol and waste management company GrnCat, have developed a solution to recover wax from spent catalysts. Since the GrnCat plant was commissioned in 2018, Sasol has recovered and ...
Houston and Johannesburg (ots/PRNewswire) - LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, and Sasol (JSE: SOL, NYSE: SSL), a global integrated chemicals and energy company, today announced the closing of their Louisiana-based Integrated Polyethylene Joint Venture (JV) transaction following required regulatory ...
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 ...
LyondellBasell and Sasol Limited
Houston and Johannesburg (ots/PRNewswire) - - LyondellBasell to acquire 50 percent of certain Sasol assets in Louisiana LyondellBasell (NYSE: LYB) and Sasol (JSE: SOL) (NYSE: SSL) today announced they have entered into a definitive agreement to form a 50/50 joint venture (JV) through which LyondellBasell will acquire 50 percent of Sasol's 1.5 MM ton ethane cracker, 0.9 ...
Johannesburg (ots/PRNewswire) - Sasol is committed to reducing its overall impact on the environment and is developing and implementing on our climate change mitigation response to enable long-term resilience of the company through an updated strategy, Future Sasol and lower-carbon business operations. We are ...
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 ...
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 ...
Melsungen/Johannesburg (ots) - On 30 June 2016, B. Braun Medical, the South African subsidiary of the German B. Braun Group, completed its acquisition of Dismed Pharmaceutical (Pty) Ltd and Dismed Criticare (Pty) Ltd, both out of business rescue. With over 600 employees in South Africa, B. Braun specialises in the ...
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 ...
Johannesburg (ots/PRNewswire) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. Further to Sappi's announcement on March 14, 2016 in connection with a bond issue, Sappi Limited announced today that it priced its bond offering to raise EUR350 million of new senior secured notes due 2023 ...
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 ...
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 ...
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 ...
Johannesburg (ots/PRNewswire) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. Further to Sappi's announcement on March 10, 2015 in connection with a bond issue, Sappi Limited announced today that it priced its bond offering to raise EUR450 million of new senior secured notes due 2022 ...
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 ...
Johannesburg And Lake Charles, Louisiana (ots/PRNewswire) - Sasol Limited (Sasol) today announced the completion of a US$4 billion credit facility for its ethane cracker and derivatives at its existing site in Lake Charles, Louisiana. "Securing this financing facility is another key milestone in advancing a defining ...
Johannesburg, South Africa And Lake Charles, Louisiana (ots/PRNewswire) - Today, Sasol Limited announced the final approval of an US$8.1 billion ethane cracker and derivatives complex at its existing site in Lake Charles, Louisiana. "Sasol's decision to move forward with this project is a defining moment in our ...
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 ...
Johannesburg (ots/PRNewswire) - Today, Sasol Limited (Sasol) announced a joint pre-feasibility study for a large-scale gas-to-liquids (GTL) plant, which will be based on gas from the Rovuma Basin in Northern Mozambique. The study, which is being conducted in conjunction with Mozambique's national oil company, ...
Johannesburg (ots/PRNewswire) - Today, Sasol Petroleum International, the upstream oil and gas subsidiary of Sasol Limited (Sasol), announced that it has concluded a farm-out to Eni SpA (Eni), an Italian multinational oil and gas company, for the exploration right permit 236 (ER236) in South Africa. The permit was granted to Sasol in November 2013 by the Petroleum ...
Johannesburg (ots/PRNewswire) - Sasol today announced the appointment of Stephen Cornell as the newest member of its management team. Cornell is currently the Chief Operating Officer for US Fuels and Global Head of Major Projects at BP plc. Reporting directly to Sasol's Chief Executive Officer, David Constable, Cornell will be appointed as Sasol's Executive Vice President: International Operations, with effect from 1 ...