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Sasol Financial Analysis. OVERVIEW ... COMMENTS: An analysis of Sasol suggests
that the company is in a very healthy financial position. It ...
... was upheld by the Tribunal and SASOL was ordered ... industries, such as pharmaceuticals,
financial sectors and ... 2005) states that the comparative analysis of the ...
Submitted by bennybunny on May 15, 2007
Category: Business
Words: 9151 | Pages: 37
Views: 463
Popularity Rank: 20,337
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OVERVIEW OF SASOL & ITS OPERATIONS
Sasol Limited is an innovative and competitive global energy company.
GROWTH STRATEGY
With a global growth strategy that has reached new dimensions and a work ethic rooted in loyalty to South Africa, Sasol looks to expand its platform in the worldwide markets as well as southern Africa where Sasol is a heavy investor.
Sasol's focus is on four growth drivers: growing chemicals portfolio, optimising the performance of existing businesses, exploiting upstream hydrocarbon opportunities, and commercialising and expanding gas to liquid technology.
A philosophy of continuous improvement and linked initiatives to increase plant outputs, contributes to running the business profitably.
Sasol has marketing offices and production facilities around the world as well as key joint ventures to explore and develop growth opportunities in Africa and increasingly in Europe, the Americas, Asia and Australasia.
SASOL HISTORY
The history of Sasol began in 1927 when a White Paper was tabled in Parliament
to investigate the establishment of a South African oil-from-coal industry.
It was realised then that, because South Africa did not have crude oil reserves, the country's balance of payments had to be protected against increasing crude oil imports. After many years of research and international negotiations, the South African Coal Oil and Gas Corporation was formed in 1950.
From its first eight drums of creosote to the acquisition of the German CONDEA Group in 2001, Sasol is a company whose success has been founded on innovative thinking. Major milestones include our first automotive fuel (1955), the construction of the National Petroleum Refiners of South Africa (1967) and the establishment in 1990 of our first international marketing company, Sasol Chemicals Europe, which paved the way for our globalisation programme.
The company has developed world-leading...
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