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Chemicals

Sasol to report higher interim EPS, HEPS but lower Ebitda
29th January 2021 By: Marleny Arnoldi

Petrochemicals giant Sasol expects to deliver a strong set of results for the six months ended December 31, 2020, despite the effects of the Covid-19 pandemic, a severe decline in crude oil prices... 


Kim Pratley
Positive and passionate Kim Pratley passes away
22nd January 2021 By: Schalk Burger

South African industrial chemicals and supplies manufacturer Pratley has announced the passing of  CEO and MD Kim Pratley on January 19. “As a company, we mourn the passing of our beloved father,... 


Divestment of Sasol's interest in Gemini JV finalised
4th January 2021 By: Marleny Arnoldi

JSE-listed petrochemicals giant Sasol says the divestment of its 50% interest in the Gemini high-density polyethylene (HDPE) joint venture to Ineos Olefins and Polymers US successfully closed on... 


Sasol's JV with LyondellBasell now established
Sasol's JV with LyondellBasell now established
2nd December 2020 By: Reuters

South Africa's Sasol said on Wednesday its Louisiana Integrated Polyethylene joint venture (JV) with chemical company LyondellBasell Industries had been established, following closure of the deal... 


CEO Seelan Gobalsamy
Omnia firmly in ‘fix and renew’ phase following September interim period
24th November 2020 By: Simone Liedtke

JSE-listed diversified chemicals group Omnia Holdings is now firmly in the "fix and renew" phase of its turnaround strategy, where implementation of the new operating model during the six months,... 


Sasol subsidiary to sell stake in Texas business for $404m
24th November 2020 By: Tasneem Bulbulia

Sasol Chemicals North America (SCNA), a wholly owned subsidiary of JSE-listed Sasol, has agreed principle terms with INEOS Gemini HDPE Holding Company and a new entity (Newco) to be formed by INEOS... 


Sasol shareholders back JV with LyondellBasell for US project
Sasol shareholders back JV with LyondellBasell for US project
20th November 2020 By: Reuters

South Africa's Sasol said on Friday shareholders have approved a proposed agreement to form a joint venture with chemical company LyondellBasell Industries at its US Lake Charles Chemicals Project... 


Sasol's board agrees to 20% fee reduction
18th November 2020 By: Reuters

South Africa's Sasol said on Wednesday its board agreed to a 20% cut in the fees proposed for approval at its 2020 annual general meeting due to erosion of shareholder value over the past two years... 


Final Lake Charles unit reaches beneficial operation
16th November 2020 By: Tasneem Bulbulia

Energy and chemicals company Sasol’s low-density polyethylene (LDPE) unit at the Lake Charles Chemicals Complex (LCCP), in Louisiana, in the US, reached beneficial operation on November 15. The... 


'GO' ZONE
The speed in which ozone treats water is up to 3 000 times faster than conventional chemical cleaning
Tech partnership brews beer from re-used water
13th November 2020 By: Halima Frost

Local water technology company Xylem has partnered with Berlin water utility Berliner Wasserbetriebe and the Kompetenzzentrum Wasser Berlin (the Berlin Centre of Competence for Water) to produce... 


Sasol CEO Fleetwood Grobler
Sasol pins low-carbon ‘reset’ hopes on gas, renewables and green hydrogen
11th November 2020 By: Terence Creamer

Energy and chemicals group Sasol, which is coming under increasing pressure to reduce its carbon emissions, reports that climate change is now “front and centre” in its unfolding ‘strategic reset’,... 


NGOs call on global investor climate initiative to intervene in Sasol shareholder issue
10th November 2020 By: Tasneem Bulbulia

Nongovernmental organisation Just Share, supported by shareholder activist organisations ShareAction (UK), Majority Action (USA), Follow This (Netherlands) and the Australasian Centre for Corporate... 


Sasol to test market for Southern African carbon-offset prospects
Sasol to test market for Southern African carbon-offset prospects
29th October 2020 By: Terence Creamer

Chemicals and energy group Sasol has indicated that it intends issuing a request for information (RFI) for the development and implementation of carbon-offset projects in South Africa and the... 


GAINLY GRIP
The Grippaz glove offers better 'grip-ability' as well as more comfort for the user
Gloves on offer locally
23rd October 2020 By: Halima Frost

Wholesale personal protective equipment (PPE) and industrial consumables supplier G.Fox has added the patented nitrile Grippaz gloves to its PPE portfolio in the second quarter of this year. The... 


Omnia CEO Seelan Gobalsamy
Omnia intends to sell Oro Agri business
19th October 2020 By: Marleny Arnoldi

JSE-listed chemicals group Omnia Holdings has reached an agreement to sell its Oro Agri business to Rovensa – a European-based business that procures and distributes biocontrol, bionutrition and... 


Academia, industry must be involved for railway concessions to be successful, says NMU associate
14th October 2020 By: Simone Liedtke

The ensure the success of railway concessions, Nelson Mandela University Infrastructure Development and Engagement Unit (ID&EU) associate Bongani Mankewu says government “must fathom the... 


The Secunda coal-to-liquids plant in Mpumalanga.
Sasol tax break, subsidy support boosts pollution, group says
13th October 2020 By: Bloomberg

Sasol got a R8.1-billion profit boost last year thanks to the country’s fuel subsidies and its exemption from a South African carbon tax, according to the International Institute for Sustainable... 


Lake Charles Chemicals Complex
Sasol sells 50% of Lake Charles base chemicals unit to LyondellBasell for $2bn
2nd October 2020 By: Terence Creamer

Debt-laden chemicals and energy group Sasol has announced a $2-billion joint venture (JV) agreement with LyondellBasell for its base chemicals business in Lake Charles, Louisiana, in the US. Under... 


QUICK RESPONDERS Sasol took immediate steps to implement a comprehensive response plan to stabilise the business in the short term
Financial response plan implemented
2nd October 2020

In the face of the oil price collapse and unprecedented challenges, chemicals and energy group Sasol took immediate steps to implement a comprehensive response plan to stabilise the business in the... 


Cleanup under way at Sasol's Lake Charles following hurricane
22nd September 2020 By: Simone Liedtke

Petrochemicals company Sasol has completed damage assessments of its Lake Charles Chemical Complex’s 14 manufacturing facilities, associated utilities and infrastructure following the landfall of... 


Butler retires as Omnia director
21st September 2020 By: Donna Slater

Frank Butler will retire as director of chemicals company Omnia at the company’s annual general meeting on September 23. He has served on the board since September 2002 and is chairperson of the... 


Omnia's mining division celebrates record-breaking achievements
14th September 2020 By: Simone Liedtke

Diversified chemicals group Omnia Holdings is celebrating several record-breaking achievements across Protea Mining Chemicals and BME, which together form the group’s mining division. Protea Mining... 


Sasol seeks carbon-utilisation solutions for South African operations
Sasol seeks carbon-utilisation solutions for South African operations
4th September 2020 By: Terence Creamer

Energy and chemicals group Sasol has initiated a process through which it aims to identify potential partners for the development and demonstration of technologies that can utilise the carbon... 


NO NEED TO IMPORT
Reduced demand will see South Africa becoming somewhat self-sufficient in terms of fuels production if all refineries are operational
Long-term demand structure for petroleum unclear
4th September 2020 By: Darren Parker

It is expected that the Covid-19 pandemic will continue to negatively affect liquid fuels demand in the short term, but whether this represents a long-term structural shift is not yet clear, says... 


BIG DELIVERIES The components for the refinery project consisted of multiple shipments delivered to the purpose-built Dangote Quay Lekki in Lagos
Heavy equipment demobilised after project completion
4th September 2020

Heavy equipment lifting and transporting company Mammoet recently began demobilising equipment it had deployed at the Dangote Petroleum Refinery and Petrochemical complex in Lekki Free Zone, in... 


A NEW GENERATION
The Gen III foam proportioner can handle all types of foam agents, even highly viscous, alcohol-resistant and fluorine-free foam agents
New proportioning system ideal for refineries
4th September 2020 By: Darren Parker

Fire-suppression systems developer FireDos launched the third generation (Gen III) of its foam proportioners for fire extinguishing systems globally at the end of last year. The technology has... 


DR JONATHAN CHETTY 
N2O is a climate-changing gas, with an average life span of 114 years in the earth’s atmosphere
Environment-friendly catalysts reduce emissions
28th August 2020 By: Theresa Bhowan-Rajah

High-performance catalyst manufacturer Clariant Catalysts has developed the EnviCat N2O catalyst, to remove nitrous oxide (N2O) and nitrogen oxide (NOx) gases almost entirely from the waste gases... 


Sasol shuts troubled Lake Charles plant as hurricane approaches
Sasol shuts troubled Lake Charles plant as hurricane approaches
27th August 2020 By: Bloomberg

Sasol, the fuel and chemicals maker, will shut its $13-billion Lake Charles Chemicals Project due to Hurricane Laura making landfall on the US Gulf Coast. “Given Hurricane Laura’s forecast path,”... 


Packaging organisation urges responsible ammonium nitrate warehousing
21st August 2020 By: Marleny Arnoldi

After a cache of ammonium nitrate exploded earlier in August and left great devastation in Beruit, Lebanon, the Responsible Packaging Management Association of Southern Africa has stressed the... 


Sasol’s new-look strategy will seek to ‘reset’ group for low-carbon world
Sasol’s new-look strategy will seek to ‘reset’ group for low-carbon world
17th August 2020 By: Terence Creamer

Embattled chemicals and energy group Sasol aims to officially unveil its new-look strategy, dubbed Future Sasol, later this year. It has already indicated, however, that the plan will seek to... 


President Cyril Ramaphosa
R100bn Infrastructure Fund gains traction with MoA signing
17th August 2020 By: Simone Liedtke

Infrastructure South Africa (ISA), an entity of the Department of Public Works and Infrastructure (DPWI), has entered into a memorandum of agreement (MoA) with the National Treasury and the... 


Sasol CEO Fleetwood Grobler
Sasol will execute rights issue in 2021 calendar year as it refines ‘ticket size’
17th August 2020 By: Terence Creamer

Debt-laden chemicals and energy group Sasol confirmed on Monday that it was preparing to execute a rights issue during the second half of its 2021 financial year, despite reporting that it was on... 


Sasol swings to R91.3bn annual loss on lower oil prices, writedown
Sasol swings to R91.3bn annual loss on lower oil prices, writedown
17th August 2020 By: Reuters

South African petrochemicals group Sasol reported an annual loss on Monday, hit by a writedown of R111.6-billion and a drop in oil and chemical prices due to the coronavirus outbreak. The world's... 


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