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history

Sasol was formed in 1950 in Sasolburg in South Africa and celebrated 60 years of operation in 2010.

Historical milestones

  • Formation of Sasol to commercialise coal-to-liquids (CTL) technology in South Africa (1950)
  • Original CTL complex starts producing synthetic fuels and chemicals at Sasolburg, South Africa (1955)
  • Joint venture Natref oil refinery begins production at Sasolburg (1971)
  • Sasol privatises and lists on the JSE, South Africa (1979)
  • Construction of Sasol Two synfuels and chemicals complex in Secunda completed (1980)
  • Launch of polymer production and first international chemical marketing office at Birmingham, UK (1990)
  • First full scale Sasol Slurry Phase Distillate Fischer-Tropsch reactor commissioned at Sasolburg (1993)
  • Formation of Polifin joint venture with AECI – now Sasol Polymers (1994)
  • Formation of international wax business – now Sasol Wax (1995)
  • International Condea chemical business acquired; first agreement signed for developing our first GTL plant, Oryx (2001)
  • Sasol Mining wins Platts/Business Week Global Energy Award for coal company of the year (2002)
  • Sasol lists on the New York Stock Exchange in the USA (2003)
  • Start of natural gas production in Mozambique's Temane field; Sasol Oil merges with Exel Petroleum and enters the South African fuel retail market (2004)
  • Launch of major Black Economic Empowerment (BEE) deals for Sasol Oil and Sasol Mining (2006)
  • First international GTL plant, Oryx, starts production in Qatar (2007)
  • Commissioning of Arya Sasol Polymer Company facilities in Iran; Sasol concludes landmark R24 billion Sasol Inzalo broad-based black economic empowerment (BEE) transaction (2008)
  • SPI signs agreement with Talisman Energy to acquire 50% stake in their Farrell Creek shale gas assets in British Columbia, Canada; Ixia Coal transaction concluded, in line with black economic empowerment strategy (2010)
  • Sasol lists its Sasol BEE ordinary shares on the JSE in South Africa (2011)
last updated: 4 Nov 2012

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