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 technology for the conversion of low-grade coal into value-added synfuels and
Bibliography: 1. Sasol: Annual Review and summarised Financial information 2006 2. McGregor, R et al (2007), Who Owns Whom 27th Edition, Who Owns Whom (PTY) Ltd, South Africa 3. Financial Mail, Volume 191, Number 3, April 20 2007 4. Financial Mail, Volume 191, Number 4, April 27 2007 5. Finweek, 26 April 2007 6. Personal Finance, Volume 31, 2nd Quarter 2007 7. www.businessowner.co.za 8. http://www.exceluser.com/tools/zscore.htm 9. www.investopedia.com 10. www.sasol.com