Sasol has produced almost 1,5 billion barrels of synthetic fuel from about 800 million tonnes of coal since the first sample of synthetic oil from coal was produced fifty years ago at its Sasolburg plant near Johannesburg in South Africa on 23 August 1955.
- The licence for the development of a CTL facility at Sasolburg was granted in 1947 and Sasol became a public company on 26 September 1950
- The fist synthesis reaction in the reactor took place on 23 August 1955 when the first batch of synthetic crude was produced.
- The first petrol produced on a commercial scale was pumped into the cars of Sasol executives on 11 November 1955.
- On 6 February 1956, Parys became the first town outside of Sasolburg to receive fuel.
- Vanderbijlpark followed shortly afterwards, becoming the first Sasol Transvaal (Gauteng) market on 11 May 1956.
- The Johannesburg market was reached on 23 August 1956 and Pretoria (Tswane) followed in June 1957.
- By 1958 Sasol had a pumps at 1 245 filling stations in the Transvaal and the Orange Free State.
- Plans to build Sasol Two at Secunda were announced on 5 December 1974.
- The planned construction of Sasol 3 was announced on 22 Feb 1977 at a projected cost of R3 276 million. Sasol listed on the JSE during the same year.
- Sasol Two produced its first fuel from coal on 1 March 1980 and in May 1981 Sasol Three produced its first hydrocarbon products.
- By 1986 the Sasol blue pump market share was 2,1% - The development of a product called Rustblock was instrumental in the growing popularity of Sasol fuel. The blue pump was now at 2 000 filling stations and 400 wholesale vendors.
- By 1988 Sasol was supplying 27% of SA's fuel needs.
- In January 2004 Sasol entered the retail fuel market of South Africa.
Forward-looking statements: Sasol may, in this document, make certain statements that are not historical facts and 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 and cost reductions. Words such as “believe”, “anticipate”, “expect”, “intend”, “seek”, “will”, “plan”, “could”, “may”, “endeavour” 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 under the Securities Exchange Act of 1934 on Form 20-F filed on 9 October 2013 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.