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10 Things you should know about Sasol Limited
Sasol Limited is a brand founded by Sasol Limited. Here are 10 Things you should know about Sasol Limited.
- Sasol Limited is an integrated energy and chemical company based in Sandton, South Africa.
- The company was formed in 1950 in Sasolburg, South Africa and built on processes that were first developed by German chemists and engineers in the early 1900s.
- Today, Sasol develops and commercialises technologies, including synthetic fuels technologies.
- It produces different liquid fuels, chemicals and electricity.
- Sasol is listed on the Johannesburg Stock Exchange.
- It is also listed on the New York Stock Exchange.
- Major shareholders include the South African Government Employees Pension Fund, Industrial Development Corporation of South Africa Limited (IDC), Allan Gray Investment Counsel, Coronation Fund Managers, Investec Asset Management, and others.
- Sasol employs 30,100 people worldwide and has operations in 33 countries.
- It is the largest corporate taxpayer in South Africa.
- In 1950 Sasol was formally incorporated as a state-owned company as South African Coal, Oil and Gas Corporation.