Sasol Overview
Company Headquarters: South Africa
Founded: 1864
Workforce: 3,500
Company Working:
Sasol is an integrated chemical and energy company that operates through five business segments, namely, mining, exploration and production international, energy, base chemicals, and performance chemicals. It operates coal mines and develops and manages upstream interests in oil and gas exploration and production in Mozambique, South Africa, Australia, Canada, Gabon, and Australia. Additionally, the company produces and markets explosives, fertilizers, polymers, mining reagents, alcohols, ketones, acrylate monomers, and other oxygenated solvents for use in applications, such as aerosols, cosmetics, fragrances, packaging, paints, adhesives, pharmaceuticals, polishes, printing and plastics, mining, pulp and paper, steel, textiles, water treatment and purification, agricultural fertilizers, and chemicals.
Sasol has 8 production facilities and a presence in 34 countries including Germany, France, Italy, Spain, the UK, the US, Canada, Mexico, China, India, Japan, and others. National Petroleum Refiners of SA Ltd., Sasol Chevron Holdings Limited, Sasol Synfuels (Pty) Ltd, Sasol New Energy Holdings (Pty) Ltd, Sasol Canada Exploration and Production Limited, and Sasol Mining Holdings (Pty) Ltd are some of its subsidiaries.
Strategy
Sasol’s revised strategy focuses on its stakeholders, sustainable growth, and improved business sustainability, as well as enhanced cash generation. The chemicals business will grow by meeting evolving consumer needs, including the demands of a growing and urbanizing middle class. It will focus its activities on specialty chemicals with differentiated capabilities and strong market positions that can be expanded over time. The energy business will be responsive to global trends by providing new energy and mobility solutions over time, pursuing greenhouse gas emission reductions through growth in gas and renewables and higher cash generation.
