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SASOL

Last update 2 months ago

Industry Chemicals (41)
Johannesburg, South Africa
Workforce more than 10,000 employees Listed on JSE-South Africa Symbol SOL

+27 10 344 5000 | +27 10 344 9280

Email investor.relations@sasol.com Website


Sasol is an international integrated chemicals and energy company that leverages technologies and the expertise of our 30 300 people working in 33 countries. We develop and commercialise technologies, and build and operate world-scale facilities to produce a range of high-value product stream, including liquid fuels, chemicals and low-carbon electricity.

Sasol’s new value chain-based operating model came into effect in 2014. Towards this end, the Sasol Group is now organised into two upstream business units, three regional operating hubs, and four customer-facing strategic business units, supported by fit-for-purpose functions as reflected in our new Sasol website. 

By combining the talent of our people and our technological advantage, Sasol has been a pioneer in innovation for over six decades. As market needs and stakeholder expectations have changed, so too have our methods, facilities and products, driving progress to deliver long-term shareholder value sustainably. The growth and enhancement of our foundation businesses in Southern Africa is complemented by the significant chapter of growth, Sasol has entered in its history.

At Sasol, we recognise the growing need for countries to secure supply of energy and chemicals. For many countries, specifically those with abundant hydrocarbons, in-country conversion of these resources into liquid fuels and chemicals goes a long way to boost national economies.

Sasol’s focused and strong project pipeline means we are actively capitalising on the growth opportunities that play to our strengths in Southern Africa and North America. Our focus is creating value sustainably and we are proud to be taking this company, to new frontiers.

Sasol was established in 1950 in South Africa and we remain one of the country’s largest investors in capital projects, skills development and technological research and development.  The company is listed on the JSE in South Africa and on the New York Stock Exchange in the United States.

HISTORICAL MILESTONES

Our business is global but our local roots are strong. While our project pipeline, technological innovations and regional focus talk to our growth aspirations, our foundation businesses serve as the platform from which we look to expand.

Our 63-year journey has been steered by distinct milestones.

1950s

       

1950:

Sasol established on 26 September.

1955:

The original coal-to-liquids (CTL) complex at Sasolburg, South Africa, starts producing synthetic fuels and chemicals and the first eight drums of creosote – the first Sasol product – are dispatched in March. In August, the Synthol reactor completes its first reaction.

 

1960s

       

1960:

After five years of commercial production Sasol yields a profit of R1,36 million amid 10th anniversary celebrations.

1966:

South African Gas Distribution Company (now Sasol Gas) is formed to market and distribute pipeline gas.
 

 

1970s

       

1971:

Joint venture, Natref oil refinery, starts fuel production and Sasol petrol, developed for Formula One motor racing, is supplied for the first time.

1976:

Construction of R2,3 billion Sasol Two commences on Secunda site in South Africa. A new South African town is established – Secunda. Its Latin name, meaning second, is appropriate as it was the second town established by Sasol following Sasolburg.

1979:

Sasol privatises and lists on the Johannesburg Stock Exchange.

 

 

1980s

       

1980:
Sasol Two synfuels and chemicals complex is completed and the first product, ammonia, is dispatched to the fertiliser industry.

1982:
Sasol Three – a replica of the Sasol Two complex – starts production.
 

 

1983:
As Sasol Two and Three run smoothly and to capacity a new company is formed to manufacture and market ammonium nitrate fertilisers (now Sasol Nitro).

1989:
The 100 bbl/day Sasol Phase Distillate demonstration reactor is commissioned.

 

 

1990s

       

1990:

High purity ethanol plant comes on stream in Sasolburg.

1995:

First Sasol Advanced Synthol reactor come on line at Secunda.

 

2000s

       

2000:

Investment in Malaysian ethylene and polyethylene plants explored.

  • Agreement signed with Mozambican government to develop gas reserves.
     

 

2001:

International Condea chemical business acquired.

 

 

2003:

Sasol lists on the New York Stock Exchange in the United States.

  • Construction of pioneering and environmentally-friendly gas-to-liquids (GTL) venture outside South Africa at Ras Laffan, Qatar commences.
 

2004:

First natural gas from Mozambique arrives in Secunda through the cross border pipeline.

  • Sasol Oil merges with Exel Petroleum and enters the South African retail fuel market.

     

 

2006/2007:

ORYX gas-to-liquids (GTL) plant in Qatar is commissioned and first product available.

  • Sasol expands its chemicals business in China with the opening of office in Shanghai to market diverse range of chemical solvents in the region.
  • Announces South Africa’s single largest broad-based BEE ownership transaction to date.

2008:

Sasol in partnership with Tata awarded coal block in India.

  • Creation of Sasol New Energy Holdings.
  • Concludes landmark R24 billion Sasol Inzalo broad based black economic empowerment (BEE) transaction.

     

 

2009:

Sasol signed joint venture agreement with Uzbekneftegaz and PETRONAS of Malaysia for development and implementation of GTL project in Uzbekistan.

  • Memorandum of Understanding signed with Gassnova SF to explore possibility of Sasol becoming a participant in European Technology Centre Mongstad which will investigate carbon capture and storage.
  • Sasol Technology opens state-of-the-art fuel testing facility in Cape Town, South Africa.
 

2010:

Approval for construction of new ethylene purifi cation unit in Sasolburg.

  • Sasol Mining concludes Ixia Coal broad based BEE transaction with Investment WIPCoal.
  • World’s first fully synthetic jet fuel, produced by Sasol, takes to the skies.
  • Sasol Olefins and Surfactants enters the high purity Tri-ethyl aluminium merchant market.

2011:

Sasol acquires a 50% interest in Talisman Energy Inc’s. Farrel Creek and Cypress A shale gas assets in Montney Basin, British Columbia, Canada.

  • Sasol partners with the Nigerian National Petroleum Corporation and Chevron Nigeria at existing oil and gas facility in Escravos to provide technical and manpower support. Feasibility study for GTL plant in Western Canada is initiated.
  • Feasibility study commences to build first GTL facility in United States at Lake Charles, Louisiana.
  • Plans to build a gas-to-power energy plant in Mozambique in partnership with state-owned Electricidade de Moçambique is announced.
  • Sasol enters into joint venture with Origin of Australia to explore coal bed methane in Botswana.

2012:

Sasol New Energy constructs a 140 megawatt electricity generation plant in Sasolburg.

  • Sasol commences the front-end engineering and design phase for an integrated gas-to-liquids facility in United States.
  • New R1 billion limestone ammonium nitrate granulation plant inaugurated at Secunda plant.
  • US$220 million expansion completed at Central Processing Facility at Pande and Temane, Mozambique.
BOARD

B... N...

Joint President And Chief Executive Officer
Effective 1 year ago

Appointed to the board 3 years ago
SASOL
South Africa - Chemicals
Joint President And Chief Executive Officer
Effective 1 year ago

Appointed to the board 3 years ago

Chief Financial Officer
2015 - 2016
Non-Executive Director


ANGLO AMERICAN PLATINUM
South Africa - Mining & Minerals
Financial Director


ESKOM HOLDINGS
South Africa - Energy | Power & Electricity
Financial Director


SHELL SOUTH AFRICA
South Africa - Energy | Oil & Gas
Chief Financial Officer

S... R...

Joint President And Chief Executive Officer
Effective 1 year ago
SASOL
South Africa - Chemicals
Joint President And Chief Executive Officer
Effective 1 year ago

Executive Vice President, International Operations
2014 - 2016

M... S...

Independent Non-Executive Chairman
Effective 4 years ago

Appointed to the board 14 years ago
SASOL
South Africa - Chemicals
Independent Non-Executive Chairman
Effective 4 years ago

Appointed to the board 14 years ago


AFRICA RISING CAPITAL
South Africa - Financial Services
Chief Executive Officer
Ongoing


IMPALA PLATINUM HOLDINGS
IMPLATS
South Africa - Mining & Minerals
Chairman
Ongoing

Appointed to the board 7 years ago


ITHALA DEVELOPMENT FINANCE CORPORATION
South Africa - Financial Services
Independent Non-Executive Chairman
Ongoing

Appointed to the board 6 years ago


KUMBA IRON ORE
South Africa - Mining & Minerals
Independent Non-Executive Chairman
Effective 1 month ago


SOUTH AFRICAN RESERVE BANK
SARB
South Africa - Finance | Banking
Director
2011 - 2013

AFRICAN DEVELOPMENT BANK GROUP
AFDB
Ivory Coast - Finance | Banking
Vice President Operations, Infrastructure, Private Sector And Regional Integration
2006 - 2009
80 relationships

P... V...

Chief Financial Officer
Effective 1 year ago
SASOL
South Africa - Chemicals
Chief Financial Officer
Effective 1 year ago

Acting Chief Financial Officer
2013 - 2015

C... B...

Independent Non-Executive Director
Effective 8 years ago
ABSA BANK
South Africa - Finance | Banking
Independent Non-Executive Director
Ongoing

Appointed to the board 7 years ago


BARCLAYS AFRICA GROUP
ABSA
South Africa - Finance | Banking
Independent Non-Executive Director
Ongoing

Appointed to the board 7 years ago


SASOL
South Africa - Chemicals
Independent Non-Executive Director
Effective 8 years ago


PRICEWATERHOUSECOOPERS AFRICA
PWC
South Africa - Audit & Consulting
Chief Executive Officer
2001 - 2009
68 relationships

M... C...

Independent Non-Executive Director
Effective 1 year ago

M... Z...

Independent Non-Executive Director
Effective 6 years ago
HULAMIN
South Africa - Metal & Steel
Executive Director, Manufacturing
Effective 17 years ago

Director, Manufacturing, Rolled Products
1997 - Unknown
Executive Director
2000 - Unknown

SASOL
South Africa - Chemicals
Independent Non-Executive Director
Effective 6 years ago

43 relationships

M... J...

Independent Non-Executive Director
Effective 8 years ago
MMI HOLDINGS
South Africa - Investment Holdings
Independent Non-Executive Chairman
Effective 6 years ago

Appointed to the board 6 years ago

Deputy Chairman
2010 - 2011
Independent Non-Executive Director
2010 - Unknown

DATATEC
South Africa - Technology & IT
Independent Non-Executive Director
Ongoing

Appointed to the board 1 year ago


SASOL
South Africa - Chemicals
Independent Non-Executive Director
Effective 8 years ago


4 AFRICA EXCHANGE
4AX
South Africa - Financial Services
Independent Non-Executive Director
Effective 8 months ago


ADCORP HOLDINGS
South Africa - Recruitment & Human Resources
Independent Non-Executive Chairman
Left 4 months ago

Independent Non-Executive Director
2010 - Unknown

DELTA PROPERTY FUND
South Africa - Property & Real Estate
Non-Executive Director
Effective 7 months ago


RESILIENT
South Africa - Property & Real Estate
Independent Non-Executive Chairman
2007 - 2016
Independent Non-Executive Director
2002 - 2016
Independent Non-Executive Director
2002 - 2016

MTN GROUP
South Africa - Network & Telecommunications
Director
2006 - 2016

ARCELORMITTAL SOUTH AFRICA
South Africa - Metal & Steel
Chairman
2010 - 2013
Independent Non-Executive Director
2002 - 2013
Independent Non-Executive Deputy Chairman
2010 - 2011
Acting Chairman
2009 - 2010

BARLOWORLD
South Africa - Conglomerates
Non-Executive Director
2009 - 2012

KAGISO TISO HOLDINGS
KTH
South Africa - Investment Holdings
Managing Director
1994 - 2010

KAGISO MEDIA
South Africa - Media & Communications
Deputy Chairman
Unknown - 2010
Director
1997 - 2010

METROPOLITAN RETAIL
South Africa - Financial Services
Acting Chairman
2006 - 2007
115 relationships

N... N...

Independent Non-Executive Director
Effective 3 years ago
HULAMIN
South Africa - Metal & Steel
Independent Non-Executive Director
Ongoing

Appointed to the board 7 years ago


SASOL
South Africa - Chemicals
Independent Non-Executive Director
Effective 3 years ago


ITHALA DEVELOPMENT FINANCE CORPORATION
South Africa - Financial Services
Independent Non-Executive Director
Ongoing

Appointed to the board 6 years ago


WILSON BAYLY HOLMES-OVCON
WBHO
South Africa - Building & Civil Engineering
Lead Independent Non-Executive Director
Is leaving this month

Appointed to the board 7 years ago

Independent Non-Executive Director
2009 - Unknown

TRANSNET
South Africa - Freight, Shipping & Logistics
Independent Non-Executive Director
2004 - 2010

CADIZ ASSET MANAGEMENT
South Africa - Financial Services
Independent Non-Executive Director
2010 - Unknown
Lead Independent Non-Executive Director
2012 - Unknown

STANDARD BANK GROUP
South Africa - Finance | Banking
Non-Executive Director
2016 - Unknown
68 relationships

P... R...

Independent Non-Executive Director
Effective 5 years ago

S... W...

Independent Non-Executive Director
Effective 5 years ago

H... D...

Lead Independent Non-Executive Director
Effective 2 years ago

Appointed to the board 11 years ago

G... M...

Independent Non-Executive Director
Ongoing

Appointed to the board 8 months ago

M... E...

Independent Non-Executive Director
Ongoing

Appointed to the board 8 months ago

Left the company less than a year ago

N... F...

Executive Vice President, Strategy And Sustainability
Left 11 months ago

Appointed to the board 12 years ago
AFRICAN OXYGEN
AFROX
South Africa - Chemicals
Independent Non-Executive Director
Effective 8 months ago


SASOL
South Africa - Chemicals
Executive Vice President, Strategy And Sustainability
Left 11 months ago

Appointed to the board 12 years ago


ANGLO AMERICAN
United Kingdom - Mining & Minerals
Non-Executive Director
Effective 7 months ago


SOUTH AFRICAN AIRWAYS
SAA
South Africa - Aviation & Airline Services
Non-Executive Deputy Chairman
Effective this month


DATACENTRIX HOLDINGS
South Africa - Technology & IT
Lead Independent Non-Executive Director
2016 - 2017
Independent Non-Executive Chairman
2014 - 2016
Independent Non-Executive Director
2014 - Unknown
70 relationships

I... N...

Independent Non-Executive Director
Is leaving this month
IMBEWU CAPITAL PARTNERS
South Africa - Investment Holdings
Non-Executive Director
Ongoing


SASOL
South Africa - Chemicals
Independent Non-Executive Director
Is leaving this month


MONDI
South Africa - Packing
Independent Non-Executive Director
2007 - 2015
Director
2007 - 2015

MTN SOUTH AFRICA
South Africa - Network & Telecommunications
Director
2007 - 2013

MURRAY & ROBERTS HOLDINGS
South Africa - Building & Civil Engineering
Director
2005 - 2010

ILLOVO SUGAR
South Africa - Agriculture & Fisheries
Independent Non-Executive Director
2005 - 2009

DATACENTRIX HOLDINGS
South Africa - Technology & IT
Non-Executive Director
2001 - 2008

WACO INTERNATIONAL
South Africa - Conglomerates
Independent Non-Executive Chairman
2005 - Unknown
28 relationships
MANAGEMENT

C... M...

Executive Vice President, Human Resources And Corporate Affairs
Effective 9 months ago
TONGAAT HULETT
South Africa - Agriculture & Fisheries
Executive, Human Resources
Left 10 months ago


SASOL
South Africa - Chemicals
Executive Vice President, Human Resources And Corporate Affairs
Effective 9 months ago


SASOL INZALO PUBLIC
South Africa - Financial Services
Independent Non-Executive Chairman
Left 10 months ago

Appointed to the board 7 years ago


TELKOM
South Africa - Network & Telecommunications
Executive, Human Resources
2005 - 2007
Chief Human Resources
2007 - Unknown
43 relationships

B... K...

Executive Vice President, Southern African Operations
Effective 8 years ago

S... S...

Executive Vice President, Technology
Effective 3 years ago

F... G...

Executive Vice President, Chemicals Business
Effective 4 years ago

V... K...

Executive Vice President, Advisory And Assurance And Company Secretary
Effective 6 years ago

R... R...

Executive Vice President, Upstream And Business Enablement
Effective 8 years ago

M... R...

Executive Vice President, Energy Business And Sustainability
Effective 9 months ago
SASOL
South Africa - Chemicals
Executive Vice President, Energy Business And Sustainability
Effective 9 months ago

Executive Vice President, Energy Business
2014 - 2017
Managing Director, Sasol Oil
2006 - 2010
SASOL INZALO PUBLIC
Sandton, South Africa
Financial Services

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