Sasol Olefins & Surfactants (Sasol O&S), a subsidiary of the international energy and chemical company Sasol Ltd., announced today that it has sold the entire share capital of G.D. Portbury Ltd. (Sasol Gulf) to Anichem FZC in Dubai (UAE). This deal is effective 31 March 2013.
Sasol Gulf, a subsidiary of Sasol Italy which is part of Sasol O&S, produces 15,000 tonnes of Linear Alkylbenzene Sulfonate (LAS) annually at its facility in Dubai. The product which is used as a primary cleaning agent in many laundry detergents and cleaners is sold into the regional market.
The sale allows Sasol O&S to strengthen the focus on its strategy, the company said. Anichem FZC, a member of the Al Nahda International Group, agreed to maintain the existing Sasol Gulf facility and retain the staff employed.
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