Sasol
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 German chemists and engineers first developed in the early 1900s (see coal liquefaction). Today, Sasol develops and commercializes technologies, including synthetic fuel technologies, and produces different liquid fuels, chemicals, coal tar, and electricity.
| Sasol | |
| Company type | Public |
| NYSE: SSL JSE: SOL | |
| Industry | Oil and gas Chemical Coal tar |
| Predecessor | Suid-Afrikaanse Steenkool-, OLie- en Gasmaatskappy |
| Founded | 1950 |
| Headquarters | , South Africa |
Key people | Fleetwood Grobler (current CEO 2019) Bongani Nqwababa and Stephen Cornell (prior joint CEOs) |
| Revenue | $12.26 billion (2020) |
| $(7.15) billion (2020) | |
| $(5.867) billion (2020) | |
Number of employees | 30,100 |
| Website | www |
Sasol is listed on the Johannesburg Stock Exchange (JSE: SOL) and the New York Stock Exchange (NYSE: SSL). 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, Ninety One, and others. Sasol employs 30,100 people worldwide and has operations in 33 countries. It is the largest corporate taxpayer in South Africa and the seventh-largest coal mining company in the world.