Last $58.60 USD
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07/8/14 - $59.20
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08/20/13 - $46.35
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sasol ltd (SASOF) Details

Sasol Limited operates as an integrated energy and petrochemicals company worldwide. The company mines saleable coal; distributes and markets natural gas and methane-rich gas; owns, operates, and maintains cross-border natural gas pipelines; produces coal-based synfuels; produces synthesis gas and converts into synthetic fuel components, chemical feedstock, and pipeline gas; and markets blended fuel products, such as petrol, diesel, jet fuel, illuminating paraffin, liquid petroleum gas, fuel oils, bitumen, motor and industrial lubricants, and sulphur to licensed wholesalers in South Africa. It also supplies ethylene, propylene, polyethylene, polypropylene, polyvinyl chloride, chlor-alkali chemicals, and mining reagents; solvents, co-monomers, acrylates, and associated products; and surfactants, linear alkylbenzene, surfactant intermediates, n-paraffins, n-olefins, C6-C22 alcohols, ethylene, oleochemicals, and other organic intermediates, as well as provides specialty aluminas, silica aluminas, and hydrotalcites. In addition, the company produces and markets chemical products comprising waxes, fertilizers, and mining explosive products, gases, phenol, ortho-cresol, meta-cresol and para-cresol, and a range of blended products consisting of mixtures of phenol, cresols, xylenols, and other phenol derivatives. Further, it is involved in research and development, alternative energy, and financing activities, as well as produces natural gas and condensate from the onshore Pande and Temane fields in Mozambique; oil in Gabon from the offshore Etame, Avouma, and Ebouri oilfield cluster; and shale gas from the Farrell Creek and Cypress A assets in Canada. It has 278 Sasol branded service stations, including 6 Sasol branded integrated energy centers; and 132 Exel service stations in South Africa, as well as exports fuels through third parties to South African Development Community countries. The company was founded in 1950 and is headquartered in Johannesburg, South Africa.

34,188 Employees
Last Reported Date: 03/10/14
Founded in 1950

sasol ltd (SASOF) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Total Annual Compensation: R34.5M
Executive Vice President of Southern African ...
Total Annual Compensation: R8.8M
Executive Vice President of Upstream & Busine...
Total Annual Compensation: R8.1M
Executive Vice President of Advisory & Assura...
Total Annual Compensation: R7.6M
Executive Vice President of Energy Business, ...
Total Annual Compensation: R6.1M
Compensation as of Fiscal Year 2013.

sasol ltd (SASOF) Key Developments

Sasol and INEOS Finalize Joint Venture for High Density Polyethylene Plant in Texas

Sasol and INEOS announced that they have reached a final investment decision to team up to build a 470,000 tonne/year high density polyethylene (HDPE) plant in LaPorte, Texas. Sasol and INEOS will enter into a 50/50 joint venture to produce bimodal HDPE using INEOS's Innovene S process technology. Sasol and INEOS will provide the ethylene required for production in proportion to their respective ownership positions. The two companies announced plans to form the joint venture in July 2013. Plant start-up is expected sometime in 2016, the companies reported.

Origin Energy Limited and Sasol Limited Sign Conditional Farm-In Agreement with Falcon Oil & Gas Australia Limited

Origin Energy Limited (Origin), together with Sasol Limited (Sasol), announced the signing of a conditional farm-in agreement with Falcon Oil & Gas Australia Limited (Falcon) for three onshore exploration permits in the Northern Territory's Beetaloo Basin. Upon completion of the farm-in agreement, Origin and Sasol will each hold a 35% interest in the three permits and Falcon will hold a 30% interest. Located about 500 kilometres south-east of Darwin, the permits cover an area of more than 18,500 km2 within the Beetaloo Basin, which is highly prospective for shale gas and associated liquids. Upon completion of the farm-in agreement, Origin will pay Falcon approximately $11 million. Origin will then assume operatorship of the permits and progressively contribute $32 million during three years to fund its share of exploration (stage 1). Origin and Sasol each hold an option to participate in two additional work programs, Stage 2 and Stage 3, which, if they proceed, are forecast for calendar years 2017 and 2018. Origin's contributions to Stage 2 and Stage 3 are currently estimated to be $25 million and $24 million respectively.

Sasol Ltd. Presents at 5th Annual dbAccess Asia Conference 2014, May-19-2014

Sasol Ltd. Presents at 5th Annual dbAccess Asia Conference 2014, May-19-2014 . Venue: Marina Bay Sands Resort & Casino, Singapore, Singapore.


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