In keeping with its priority Sustainable Development Goal (SDG): Responsible production and consumption, Sasol, together with waste management company GrnCat (pronounced ‘green cat’, with ‘cat’ being short for catalysts), has developed a solution to recover wax from spent catalysts.
Since the GrnCat plant was commissioned in 2018, Sasol has recovered and reused more than 6,000 tons of clean wax, thereby reducing waste volumes by as much as 50 percent. The creation of 30 new jobs associated with the process has added a social benefit to the environmental and economic advantages.
“We are gaining environmental and economic benefits from the reduction in landfill volumes and recovery of saleable product”, Steve Radley, Sasol Vice President: Wax and Solvents, Energy Operations said. “We are also supporting the development of small and medium-sized enterprises (SMEs) through established government funding institutions, which aim to promote economic growth and industrial development in the surrounding community.”
Dr. Jan Reynhardt, founder of GrnCat Holdings adds: “Since the start-up of our wax recovery plant three years ago we have been constantly optimising our processes. We have been able to increase our capacity by 60 per cent to 400 tons per month of clean wax.”
Steve Radley sums up: “Sasol has prioritised four relevant SDGs, including SDG12: Responsible production and consumption, to ensure our business is environmentally, socially and economically sustainable. The collaboration with GrnCat is a pleasing success story for Sasol, GrnCat, the surrounding community and the environment. It also demonstrates our commitment to continuous improvement and to making sustainability a reality.”
Sasol may, in this document, make certain statements that are not historical facts that relate to analyses and other information which are based on forecasts of future results and estimates of amounts not yet determinable. These statements may also relate to our future prospects, developments and business strategies. Examples of such forward-looking statements include, but are not limited to, statements regarding exchange rate fluctuations, volume growth, increases in market share, total shareholder return, executing our growth projects (including LCCP), oil and gas reserves and cost reductions, including in connection with our BPEP, RP and our business performance outlook. Words such as “believe”, “anticipate”, “expect”, “intend", “seek”, “will”, “plan”, “could”, “may”, “endeavour”, “target”, “forecast” 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 the predictions, forecasts, projections and other forward-looking statements will not be achieved. If one or more of these risks materialise, or should underlying assumptions prove incorrect, our actual results may differ materially from those anticipated. You should understand that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors are discussed more fully in our most recent annual report on Form 20-F filed on 28 August 2018 and in other filings with the United States Securities and Exchange Commission. The list of factors discussed therein is not exhaustive; when relying on forward-looking statements to make investment decisions, you should carefully consider both these factors and other uncertainties and events. 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.
Please note: One billion is defined as one thousand million. bbl – barrel, bscf – billion standard cubic feet, mmscf – million standard cubic feet, oil references brent crude, mmboe – million barrels oil equivalent. All references to years refer to the financial year 30 June. Any reference to a calendar year is prefaced by the word “calendar”.