Sasol allegedly flies this sought-after chemical element into the country via helicopter. The sectors currently under coverage are oil, gas and chemicals; diversified industrials; construction and basic materials; … Advertorial News Sasol in Secunda – Partnering for communities support The company achieves this by making significant investments in programmes that promote education, skills development, environment, community development and small business development. Breaking News. Sasol will retain full ownership and continue to operate its research and development complex, an ethane cracker and a performance chemicals business in Lake Charles. This has added to the large fees. Email. Much of South Africa’s industrial production has been halted or placed into care and maintenance for the shutdown period. S.Africa to investigate Sasol operation for elevated sulphur levels on: February 18, 2021 In: Oil , Other News Johannesburg — South Africa’s Environmental Ministry said on Wednesday it would investigate whether petrochemical company Sasol’s Secunda operations could be the source of a sulphur smell experienced in parts of Gauteng … Sasol exits Gemini HDPE JV in La Porte, Texas 12:27 PM | January 4, 2021 | Mark Thomas Completes previously announced $404-million sale to Ineos of 50% JV ownership stake; leaves Ineos as sole owner … Sasol manages more than R50-billion in spend across 12 000 global suppliers. To date Sasol has produced and distributed 610 000 litres of hand sanitiser for internal use, contractors, forecourt employees at Sasol Energy’s franchisee owned fuel service … LinkedIn Twitter Dollar-based fees: In 2018, Sasol moved all its directors to dollar-based fees despite the fact that the majority of directors are based in South Africa, says Martin. Sasol has 31,001 employees across 11 locations and R203.58 B in annual revenue in FY 2019. In the previous year, the Sasol chairman earned $445,000 (R6.9 million, at current exchange rates), while non-executive … The Mail & Guardian is a proud news publisher with roots stretching back 35 years, ... Twitter. Sasol is a global integrated chemicals and energy company spanning 30 countries. Linkedin. Print. Facebook Twitter LinkedIn Tumblr Pinterest WhatsApp Telegram Share via Email Print. Sasol’s joint CEOs, Bongani Nqwababa and Stephen Cornell, have agreed to resign following a damning independent review of why its US project has run so far over time. Twitter. The ballooning cost of Sasol Ltd.'s $12.9 billion Lake Charles Chemicals Project prompted the board of directors to negotiate a separation agreement for its co-CEOs this week and for several LyondellBasell and Sasol form Integrated Polyethylene Joint Venture LyondellBasell to acquire 50 percent of certain Sasol assets in Louisiana PR Newswire 21.09.20 - PR Newswire Sasol Lake Charles Chemical Complex update WhatsApp ... One piece of good news is that crude oil production increased sharply in Gabon, thanks to new oil wells coming into production. With this latest performance, SSL shares gained by 47.43% in over the last four-week period, additionally plugging by 51.58% over the last 6 months – not to mention a drop of -18.11% in the past year … Sasol is a global integrated chemicals and energy company that sources, produces and markets a range of high-value product streams in 31 countries. Sasol’s low-density polyethylene (LDPE) unit in Louisiana has reached beneficial operation, the last part of the Lake Charles Chemicals Project (LCCP) to start up. Image: Twitter: @sasol The Lake Charles (LCCP) project has been hit with massive delays and rising costs which Sasol says has tarnished the company. Email. JOHANNESBURG, Feb. 9, 2021 /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.. The company employs more than 30 000 people and generates revenue of more than $21.7-billion. Sasol announced the step in a statement to the Johannesburg Stock Exchange. Die prys wat ons betaal vir veseloptiese netwerke… – Raadslid Phillip Nothnagel: ... Sasol = Shutdown at Sasolburg Sites Less than a minute. It drilled the Inhassoro-2 well in 2003 and the Inhassoro-6 in 2006 and … Sasol is set to begin employee dismissals from mid-August in efforts to cut costs in a new strategy aimed at boosting its balances. ... Mining News In 90 Seconds brings you the latest news making headlines in the mining industry.In this week's … ... For more breaking news follow us on Facebook Twitter … Because of the lockdown, the country has seen a sharp decrease in demand for fuel. Sasol sources, produces and markets a range of high-value product streams in 31 countries. Stem subjects provide a career path the company said, contributes to the growth and development of businesses, new products and the country’s economy. “Univar Solutions' warehousing, distribution, logistics network, and digital marketplace leadership will enable Sasol to enhance our customer service and help meet our sustainability goals,” explains Victoria Stolarski, Sasol's Director of Marketing and Sales for global alcohols and US surfactants, in this month’s press … LinkedIn . Sasol Limited [SSL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 31.14. Sasol aims to procure renewable energy to cut emission at SA operations. Sasol has worked on the Inhambane license area since 2000. WhatsApp. Thousands of community hands have been sanitised since Sasol introduced production of hand sanitiser in response to the COVID-19 pandemic. Sasol ‘s joint Chief Executives, Bongani Nqwababa and Stephen Cornell will step down at the end of October following a review of its R190 billion Lake Charles … See insights on Sasol including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Since the GrnCat plant was commissioned in 2018, Sasol … Latest Business News New research shows how Sasol receives billions in government subsidies. In February 2020, Sasol reworked its original PSA development plan, which the Mozambique government had approved in 2016, after drilling results that same year fell short of expectations. (RTTNews) - Shares of Sasol Limited (SSL) are gaining more than 54 percent in Tuesday's trading at $3.92 despite no stock-specific news. The company reported adjusted … 4 weeks ago. The company employs more than 30 000 people and generates revenue of more than $21,7 billion. Sasol = Shutdown at Sasolburg Sites Less than a minute. Sasol’s Official YouTube channel showcases our people, technology and initiatives. Sasol’s shares rose 12% to 299.51 rand at 2:33 p.m. in Johannesburg on Monday, the most in about 11 years. Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a global chemical and ingredient distributor and provider of value-added services, announced today it has reached an agreement with Sasol Chemicals to become the primary national distributor of Sasol's alcohol and surfactant products in the United States … Sasol employees take strike to the next level, and it shook Twitter 2 years ago read comments by Maryn Blignaut A lot of time strikes are characterised by wreaking havoc, so social media users found it strange that Sasol employees protested with a … Chronux Research is a boutique ‘Sell-side’ research firm aiming to produce high quality fundamental equities research on listed South African companies for institutional investors. South Africa’s biggest company by sales has tumbled this year and twice delayed reporting full-year results ahead of an investigation into what went wrong at the plant. The admission that a “culture of fear” had prevented bad news about its Lake Charles project in Louisiana from being communicated is a terrible … Updates to follow as more information becomes available. The giant Sasol plant in Secunda is believed to be the source of a stench of sulphur dioxide that has engulfed Gauteng and Mpumalanga since the weekend. Sasol closed 8.92 percent higher at R164.99 a share after it said headline earnings a share would surge by 200 percent to between R18.59 and R19.. News Crime & Courts South Africa Sasol Mining, the coal mining division of energy and chemical company Sasol, has announced it will be sponsoring the 5th annual Joburg Indaba taking place on 4 and 5 October 2017 at the Inanda Club. Sasol said this in a statement on its all-inclusive bursaries which cover tuition fees, accommodation, meals, textbooks, laptops, calculators and pocket money. White workers at S Africa’s Sasol strike over ‘racial exclusion’ The Solidarity union claims its members at Sasol are striking over a share ownership scheme offered only to black staff.