Sasol

Sasol Limited is an integrated chemical and energy company with its headquarters in Sandton, South Africa. Sasol is considered the largest corporate taxpayer in South Africa and the seventh-largest coal mining company in the world. It is listed on both the New York Stock Exchange (NYSE: SSL) and the Johannesburg Stock Exchange (JSE: SOL).

The company was founded in 1950 in Sasolburg, South Africa based on processes that German chemists and engineers first developed in the early 1900s. Sasol is thriving now thanks to the commercialization of technologies like synthetic fuels and the creation of liquid fuels, chemicals, nuclear power, coal tar, and electricity.

With over 30,100 employees worldwide, Sasol operates in 31 countries throughout the world, mostly in South Africa but also in several other nations in Africa, America, Europe, the Middle East, Russia, Southeast Asia, East Asia, and Oceania.

The Sasol group is divided into four customer-focused strategic business units, three regional operations hubs, and two upstream business units.

The operating business units comprise the oil and gas exploration, production, and exploitation operations with an emphasis on raw material supply. Sasol Mining manages six coal mines that provide the Sasolburg Operations and Secunda (Sasol Synfuels) complexes in South Africa. The amount of coal supplied to Secunda is mainly used as gasification fuel, and some are used for electricity generation. Meanwhile, the coal that powers Sasolburg's operations is used to generate electricity and steam. Along with Sasol Mining, Sasol Exploration and Production International (SEPI) manages the group's upstream operations in oil and gas exploration and production in Australia, Canada, Gabon, South Africa, Canada, and Mozambique.

Regarding the regional operations hubs, these include operations in South Africa, North America, and Eurasia. The South Africa Operations business cluster is responsible for the whole portfolio of Sasol's South African activities, including all downstream operations and associated infrastructure. In addition, the International Operations Business Cluster takes over Sasol's international operations in Eurasia and North America, including the US megaproject in Lake Charles, Louisiana.

Industry: Oil and gas, Chemical, Nuclear, Coal tar
Founded: 1950
Headquarters: Sandton, South Africa

Website: https://www.sasol.com/