Sasol is a global chemicals and energy company. We harness our knowledge and expertise to integrate sophisticated technologies and processes into world-scale operating facilities. We safely and sustainably source, produce and market a range of high-quality products, creating value for stakeholders.
Sasol comprises three distinct market-focused businesses, namely: Chemicals, Energy and Sasol ecoFT. Our more focused portfolio is underpinned by a transition to a lower-carbon future and our 70-year track record demonstrates we have the capabilities and competencies to deliver sustainable value in these three core businesses.
Advancing chemical and energy solutions that contribute to a thriving planet, society and enterprise.
Sasol's investors consist of both equity investors (those invested in the Sasol ordinary shares or the ADRs) and lenders/debt investors (banks and institutional investors lending to Sasol or investing in its issues of debt instruments such as local bonds, offshore bonds, commercial paper issues, project finance, loans and other credit facilities and convertible instruments).
Supply Chain is the custodian of all external spend for the Sasol Group. It is responsible for managing supply and demand so as to ensure cost-efficiency and maximise return on spend, while at the same time ensuring effective logistics of a range of deliverables.
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Shareholders are referred to Sasol’s SENS announcement issued on 12 July 2023, wherein it was stated that, on 11 July 2023, the National Air Quality Officer (NAQO) refused the application of Sasol South Africa Limited (SSA), in terms of Clause 12A of the Minimum Emission Standards (MES) published on 22 November 2013 in terms of section 21 of the National Environmental Management: Air Quality Act, 2004 (Act No. 39 of 2004), to be regulated on an alternative emission load basis, as opposed to the current concentration-based limits, for the sulphur dioxide (SO2) emissions generated from the boilers at our Secunda Operations’ steam plants from 1 April 2025 onwards. Sasol has been steadfast in our commitment to ambient air quality improvement and reducing our environmental footprint.
On 31 July 2023, SSA submitted an appeal to the Minister, as provided for in section 43(1) of the National Environmental Management Act,1998 (Act No. 107 of 1998), to set aside the decision of the NAQO.
On 5 April 2024, the Minister issued her decision, in terms of which she upheld SSA’s appeal and set aside the decision of the NAQO. The Minister concluded that SSA’s application met all the requirements of Clause 12A, and therefore replaced the NAQO’s decision by permitting that load-based limits be applied from 1 April 2025 up to 31 March 2030. We will engage with the Minister to finalise the regulatory requirements for the decision to take full effect, following which our atmospheric emission license will have to be varied accordingly.
The decision is available to download below.