Recent events
Recent events tied to this brand in public sources.
Back to profile15 entries
2022
AWAX acquires Sasol’s European wax business
Sasol sold its German subsidiary Sasol Wax GmbH to AWAX. The business operates under the name Hywax GmbH effective 1 March 2022; the South African Fischer-Tropsch hard wax business was excluded from the sale.
2021
Sasol and NRF sign research cooperation agreements
Sasol, through its Foundation and Research & Technology function, signed two cooperation agreements with South Africa's National Research Foundation to sponsor and support science and engineering researchers and research.
2021
Sasol lowers FY2022 coal export guidance
Sasol revised down its coal export guidance for the 2022 financial year, citing a temporary production stoppage at one of its mines and bottlenecks in South Africa's rail network.
2021
Sasol and Mpumalanga government launch vaccination drive
Sasol's Secunda operation partnered with the Mpumalanga government to launch a five-day Covid-19 vaccination drive, starting July 26, for about 20,000 people, including Sasol employees and contractors' employees.
2021
Sasol agrees to sell its sodium cyanide business to Draslovka
Sasol entered into an agreement to sell its sodium cyanide business in Sasolburg to Draslovka Holding Company for R1.46-billion. The deal was subject to regulatory approvals and was expected to be completed in the first half of the following year.
2021
Air Liquide completes acquisition of Secunda oxygen-production units
Air Liquide finalized its acquisition from Sasol of 16 air separation units at Secunda, South Africa, and will operate the site.
2021
Toyota and Sasol announce hydrogen mobility partnership
Toyota and Sasol announced a plan to develop a green hydrogen-powered mobility ecosystem in South Africa, including a mobility corridor and a demonstration project using the N3 freight route.
2021
Sasol and Toyota South Africa Motors partner on hydrogen truck pilot
Sasol and Toyota South Africa Motors partnered to develop a pilot project for hydrogen-powered heavy-duty long-haul trucks in South Africa. Toyota South Africa Motors is expected to lead investigation of the truck introduction, while Sasol will support with infrastructure expertise.
2020
Sasol announces sale of stakes in three US units
Sasol announced the sale of 50% stakes in three US units to LyondellBasell, with the units to form part of a 50/50 joint venture.
2020
Air Liquide enters exclusive talks to acquire Sasol's Secunda oxygen plant
Sasol signed an exclusive negotiation agreement to sell its oxygen plant in Secunda, South Africa, to Air Liquide. The acquisition had not yet been completed; the parties aimed to negotiate final agreements in the following months, subject to relevant approvals.
2020
Sasol announces organisational shake-up
Sasol said it had resolved on an organisational shake-up that would result in two core businesses, focused on chemicals and energy.
2020
Sasol suspends Natref output and reduces Secunda production
Sasol decided to suspend production at its Natref inland crude oil refinery from April 9 and reduce daily production rates at its Secunda Synfuels Operations by approximately 25%.
2020
Sasol lowers synthetic fuel and liquid fuel sales targets
Sasol cut its guidance for synthetic fuel production and liquid fuel sales for the financial year, citing the nationwide coronavirus lockdown. It expected to produce approximately 7.3–7.4 million tons of synthetic fuel and target sales of 50–51 million barrels of liquid fuel, below its previous ranges.
2019
Sasol pledges further climate-strategy disclosure
Sasol pledged to provide more clarity on plans to reduce its environmental impact and said its long-term strategy would be released in November 2020. The report notes that the company produces greenhouse gases and pollutants and was under pressure from environmental activists and investors to improve its climate performance.
2019
Huntsman completes acquisition of remaining Sasol-Huntsman JV interest
Huntsman completed its purchase from Sasol of the remaining 50% interest in the Sasol-Huntsman maleic anhydride joint venture. Huntsman now owns 100% of the entity, which has manufacturing assets in Moers, Germany.