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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On 4 January 2025, a fire occurred at the Natref refinery that caused damage to certain infrastructure around the Crude Distillation Unit. No injuries occurred, with the fire immediately extinguished and the plant safely shut down. Natref is a joint venture crude oil refinery between Sasol (63,64%) and Prax Group (36,36%), located in Sasolburg.
It is anticipated that the fire will negatively impact the production and supply of jet fuel, ULP93 and diesel from the refinery.
In particular, it is anticipated that the supply of jet fuel to OR Tambo International Airport will be impacted. Sasol and Natref are developing and implementing mitigation plans to minimise any supply shortfalls of jet fuel and other products. This includes sourcing imported products.
An investigation into the incident has commenced and this will include a detailed root cause analysis into cause of the fire. Sasol and Natref have notified all the relevant authorities, our stakeholders and customers of the incident and are working with them to assist minimising impacts from the incident and the duration thereof.
An assessment of damages is underway and will inform the repair schedule and subsequent start-up of the refinery. This timing and the production volume impact will be provided in Sasol’s Q2 FY2025 Production and Sales Metrics report on 23 January 2025.