Sasol Internet

products & services

chemicals storefront

datasheet library

fuels & oils storefront

gas storefront

sasol convenience centre storefront

quick product search

sasol's code of ethics

sasol

Sasol and Shenhua Ningxia Coal Industry contract engineering companies for CTL study	more >>>

22 October 2008

The Shenua Ningxia Coal Industry Group and its partner Sasol, today signed a contract with Foster Wheeler International Corporation and Wuhuan Engineering Company to carry out the Feasibility Study for an 80 000 bbl/d coal to liquids (CTL)plant at the Ningdong Chemicals Base in the Ningxia Hui Autonomous Region of China.

The Ningdong base is already well advanced with a number of operating plants in existence and many others under construction. Extensive infrastructure exists, including power and water supply as well as roads, rail, housing and maintenance facilities. The site for a CTL plant has been prepared and the surrounding area also contains massive coal reserves.

This follows a recent announcement by the National Reform and Development Commission of China which paved the way for the feasibility study on the Shenhua - Ningxia Sasol CTL Project to continue.

The completion of the feasibility Study will be an important step in obtaining all the necessary approvals associated with constructing a world scale CTL plant in the Ningxia Hui Autonomous Region. China needs to find ways to meet its increasing demand for environmentally friendly fuels, and the CTL route is seen as a promising option.

ends

last updated: 22 Oct 2008

Sasol may, in this document, make statements that are not historical facts and relate to analyses and other information based on forecasts of future results and estimates of amounts not yet determinable. These are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "believe", "anticipate", "expect", "intend", "seek", "will", "plan", "could", "may", "endeavor" and "project" and similar expressions are intended to identify such forward-looking statements, but are not the exclusive means of identifying such statements.

By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that predictions, forecasts, projections and other forward-looking statements will not be achieved. If one or more of these risks materialize, or should underlying assumptions prove incorrect, actual results may be very different from those anticipated. The factors that could cause our actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements are discussed more fully in our registration statement under the Securities Exchange Act of 1934 on Form 20-F filed on October 9, 2009 and in other filings with the United States Securities and Exchange Commission. Forward-looking statements apply only as of the date on which they are made, and we do not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise.

ArticleEngineRightNav