Sasol is a global chemicals and energy company. We harness our knowledge and expertise to integrate sophisticated technologies and processes into world-scale operating facilities. We safely and sustainably source, produce and market a range of high-quality products, creating value for stakeholders.
Sasol comprises three distinct market-focused businesses, namely: Chemicals, Energy and Sasol ecoFT. Our more focused portfolio is underpinned by a transition to a lower-carbon future and our 70-year track record demonstrates we have the capabilities and competencies to deliver sustainable value in these three core businesses.
Advancing chemical and energy solutions that contribute to a thriving planet, society and enterprise.
Sasol's investors consist of both equity investors (those invested in the Sasol ordinary shares or the ADRs) and lenders/debt investors (banks and institutional investors lending to Sasol or investing in its issues of debt instruments such as local bonds, offshore bonds, commercial paper issues, project finance, loans and other credit facilities and convertible instruments).
Supply Chain is the custodian of all external spend for the Sasol Group. It is responsible for managing supply and demand so as to ensure cost-efficiency and maximise return on spend, while at the same time ensuring effective logistics of a range of deliverables.
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The Competition Tribunal today postponed its confirmation of the order proposed by the Competition Commission of South Africa and Sasol Nitro, a division of Sasol Chemical Industries Limited. The order is to confirm the settlement agreement concluded between the Commission and Sasol Nitro relating to allegations of abuse of dominance in its fertiliser businesses.
The Competition Tribunal will announce its decision in due course after considering today's submissions by various parties.
"We look for forward the conclusion of this matter as it will bring to an end a period of uncertainty within the fertiliser industry and recognise the importance of members of industry working together with regulators to achieve lasting and workable solutions" said Marius Brand, managing director, Sasol Nitro.