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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While we note Solidarity’s claims, we do not agree that conditions at our Sasolburg Operations are unsafe and there is no indication that safety has been compromised.
Although there were employees who did not arrive yesterday morning at the shift change at our Sasolburg Operations, we activated contingency plans to minimise potential interruption to those particular activities. We have internal industrial relations processes within Human Resources that all employees have the right of recourse on any concerns or problems that may arise.
As previously stated, with the demonstration at our Secunda Operations on 6 September, we experienced a temporary decrease in attendance by Solidarity members. This led to a decrease and delay in some planned activities to which Solidarity alludes.
Separately to the scheduled shutdown, there are other projects underway at our Secunda Operations. Some of these projects experienced some slippage due to technical challenges but these have been resolved and the projects are virtually complete.
We continue to ensure that our running operations and shutdown schedule progress safely, as planned, while closely monitoring the situation.
Furthermore, Sasol has agreed to participate in the CCMA mediation process with Solidarity commencing 19 September 2018.