Sasol limited is an integrated energy chemical company with headquarters in Johannesburg, South Africa.
The company derives its name from the town it was established, Sasolburg. It is listed in both Johannesburg and New York Stock Exchange and is the largest corporate taxpayer in South Africa. Sasol has exploration, development, production, marketing and sales operations in 37 countries globally. Sasol markets and sells electricity, fuel & chemical products as well as other co-products extracted from exploration, reformation and gasification process of natural gas obtained from gas-fields of Mozambique.
Sasol was established on 26th September, 1950 and started off its operations with its coal-to-liquids (CTL) plant at Sasolburg in 1955. It got privatised and listed in 1979. Since 2000, it has invested in international gas-to-liquids (GTL) plants in Malaysia, Qatar and Uzbekistan. Recently, it has constructed a 140MW electricity generation plant in Sasolburg.
The group’s structure will witness a change from FY 2015, under which there are 4 distinct groupings:
• Operating Business Units: Includes Mining, Exploration and production international, focussed on providing feedstock
• Regional Operational Hubs: Includes Southern Africa Operations and International Operations focussed on sustaining asset management and performance, as well as, optimising cost of production.
• Strategic Business Units: It includes the Energy and Chemicals Business focussed in enhancing customer interaction through marketing and sales excellence.
• Group Functions: It encompasses the business support services of each groupings.
Sasol’s strategy is divided into 2 regional focus:
• For Southern Africa and existing markets, focus is on maintaining and enhancing existing asset base
• For North America, rest of Africa and rest of the world, focus is expanding by investing in capital projects and other growth opportunities