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Sasol Ltd (SOLJ.J)

SOLJ.J on Johannesburg Stock Exchange

48,206.00ZAc
25 Apr 2019
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Latest Key Developments (Source: Significant Developments)

Sasol Says Productivity Rate Improved By 10 Pct From Previous Year To 1 170 T/Cm/S For Period Ending March 31
Thursday, 18 Apr 2019 

April 18 (Reuters) - Sasol Ltd ::SASOL PUBLISHES PRODUCTION AND SALES METRICS FOR THE NINE MONTHS ENDED 31 MARCH 2019.EXPECT TO ACHIEVE OUR PRODUCTION TARGET OF BETWEEN 114 - 118 BSCF FOR FY19.PRODUCTIVITY RATE IMPROVED BY 10% FROM PREVIOUS YEAR TO 1 170 T/CM/S FOR PERIOD ENDING 31 MARCH 2019.CURRENT INDICATIONS ARE THAT MINING WILL ACHIEVE PRODUCTION LEVELS OF APPROXIMATELY 38 MILLION TONS FOR FULL YEAR.CHEMICALS BUSINESSES ARE EXPERIENCING SOFTER PRICES IN SOME END-MARKETS.BASE CHEMICALS DELIVERED A STRONG PERFORMANCE IN Q3 FY19 WHICH RESULTED IN A 9% IMPROVEMENT IN VOLUMES COMPARED TO Q2.GROUP BENEFITTED FROM WEAKER EXCHANGE RATE DURING PERIOD ENDING 31 MARCH 2019 COMPARED TO PRIOR YEAR.TRACKING SCHEDULE AND UPPER END OF COST ESTIMATE PROVIDED TO MARKET IN FEBRUARY FOR LAKE CHARLES CHEMICALS PROJECT.ON TRACK TO ACHIEVE UPPER END OF PREVIOUS SALES VOLUMES MARKET GUIDANCE OF APPROXIMATELY 57 - 58 MILLION BARRELS FOR ENERGY BUSINESS FOR 9 MONTHS.  Full Article

Sasol Officially Opens Another Coal Mine
Friday, 12 Apr 2019 

April 12 (Reuters) - Sasol Ltd ::SASOL OFFICIALLY OPENS ANOTHER COAL MINE.SASOL - WITH AN INVESTMENT OF R5, 6 BILLION, IMPUMELELO WILL HAVE CAPACITY TO PRODUCE 10,5 MILLION TONS PER ANNUM.  Full Article

Eastman Acquires Marlotherm From Sasol
Monday, 1 Apr 2019 

Eastman Chemical Co ::EASTMAN ACQUIRES MARLOTHERM FROM SASOL.EASTMAN CHEMICAL CO - TERMS OF TRANSACTION WERE NOT DISCLOSED..EASTMAN CHEMICAL-THE NEW HEAT TRANSFER PRODUCT LINE TO BECOME A PART OF EASTMAN'S SPECIALTY FLUIDS BUSINESS IN ADDITIVES & FUNCTIONAL PRODUCTS SEGMENT.  Full Article

Sasol Says HY HEPS R23,25
Monday, 25 Feb 2019 

Feb 25 (Reuters) - Sasol Ltd ::REVIEWED INTERIM FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2018.HY CORE HEADLINE EARNINGS PER SHARE UP 18 PCT TO R21,45.HY TURNOVER 102,944 MILLION RAND VERSUS 88,153 MILLION RAND REPORTED A YEAR EARLIER.DECLARED A GROSS INTERIM DIVIDEND OF R5,90 PER SHARE.HY HEADLINE EARNINGS PER SHARE R23,25.SEES CAPITAL EXPENDITURE, INCLUDING CAPITAL ACCRUALS, OF R52 BILLION FOR 2019 AND R30 BILLION FOR 2020.EXPERIENCED SOME CHALLENGES WITH REGARDS TO OPERATIONAL PERFORMANCE IN Q1, LARGELY DUE TO EXTENDED PLANNED SHUTDOWN AT SSO.DELIVERED A STRONGER OPERATIONAL PERFORMANCE IN Q2 AND ARE MAINTAINING STABLE OPERATIONS.  Full Article

S.A's Solidarity Says Solidarity Members To Serve Court Papers On Sasol
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - SOLIDARITY::THOUSANDS OF SOLIDARITY MEMBERS WILL SERVE COURT PAPERS ON SASOL IN SANDTON ON THURSDAY.  Full Article

Sasol Announces Filing Of Shelf Registration Statement
Tuesday, 11 Sep 2018 

Sept 11 (Reuters) - Sasol Ltd ::SASOL ANNOUNCES FILING OF SHELF REGISTRATION STATEMENT.UNIT, SASOL FINANCING USA LLC1, FILED AUTOMATIC SHELF REGISTRATION STATEMENT ON FORM F-3 WITH U.S. SECURITIES AND EXCHANGE COMMISSION.INTENDS TO OFFER DEBT SECURITIES IN A PUBLIC OFFERING.SASOL FINANCING USA MAY OFFER AND SELL FROM TIME TO TIME, IN ONE OR MORE PUBLIC OFFERINGS, DEBT SECURITIES FULLY, UNCONDITIONALLY GUARANTEED.  Full Article

Sasol Says Operations, Shutdown Schedule For Sasolburg, Secunda Continue As Planned
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Sasol Ltd ::SASOL- OPERATIONS, SHUTDOWN SCHEDULE FOR SASOLBURG, SECUNDA CONTINUE AS PLANNED.SASOL- NO FURTHER ACTIVITIES IMPACTED FROM DECREASE IN ATTENDANCE BY SOLIDARITY MEMBERS ON THURSDAY.SASOL LTD - CONTINGENCY MEASURES REMAIN IN PLACE TO MINIMISE ANY FURTHER IMPACT.SASOL LTD - REMAINS COMMITTED TO OPEN AND HONEST ENGAGEMENT WITH ALL TRADE UNION PARTNERS AND OUR EMPLOYEES.  Full Article

South Africa's Solidarity Says CCMA Wants To Intercede To Defuse Sasol Strike
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Solidarity::SOUTH AFRICA'S SOLIDARITY UNION SAYS CCMA WANTS TO INTERCEDE TO DEFUSE SOLIDARITY'S SASOL STRIKE.SOLIDARITY- CCMA ADDRESSED LETTER TO SOLIDARITY AND SASOL IN WHICH IT OFFERS ITS ASSISTANCE TO DEFUSE SOLIDARITY'S STRIKE AT SASOL.SOUTH AFRICA'S SOLIDARITY UNION - FORMALLY INFORMED CCMA THAT IT WOULD PARTICIPATE IN PROCESS TO DEFUSE SASOL STRIKE.S.AFRICA'S SOLIDARITY- IN ITS LETTER CCMA INDICATED THAT IT WOULD APPOINT A SPECIAL COMMISSIONER TO ASSIST SOLIDARITY AND SASOL.  Full Article

S.Africa's Solidarity Says Members To Strike At Sasol In Secunda On Sept. 6
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - South Africa's Solidarity::SA'S SOLIDARITY- MEMBERS WILL EMBARK ON A FULL-SCALE STRIKE AT SASOL IN SECUNDA ON 6 SEPT TO PROTEST CO'S KHANYISA EMPLOYEE SHARE OWNERSHIP PLAN.  Full Article

Solidarity To Submit Memorandum To Sasol
Monday, 3 Sep 2018 

Sept 4 (Reuters) - Sasol Ltd ::SOLIDARITY TO SUBMIT MEMORANDUM TO SASOL.WILL HAND OVER A MEMORANDUM TO SASOL MANAGEMENT AT CO'S SASOLBURG PLANT ON SEPT 5.  Full Article