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Is Sasol a public or private company?
We are a public company listed on the Johannesburg Stock Exchange in South Africa and the New York Stock Exchange in the United States. We strive to deliver sustainable and superior value to all our stakeholders. In 2020, we faced challenges unparalleled in our 70-year history.
What kind of company is Sasol?
integrated chemicals and energy company
Sasol Limited is an international integrated chemicals and energy company. The Company develops and commercializes technologies, and builds and operates facilities to produce a range of product streams, including liquid fuels, chemicals and low-carbon electricity.
Is Sasol a corporate company?
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….Sasol.
|Number of employees||30,100|
Is Sasol a parastatal institution?
Afrikaner nationalist reluctance to commit monies to Anglovaal to build an oil-from-coal plant lead to SASOL’s establishment as a parastatal. SASOL’s new hybrid identity as a company with private shareholders enjoying public subsidies continues to be controversial.
How is Sasol funded?
SSA is Sasol Limited’s largest operating company and houses the synthetic fuels, chemicals, and gas operations, which are strong, cash-generating assets. This funding will be paid off using dividends declared by SSA over the maturity period of up to 10 years.
What makes Sasol company successful?
Considering the number of customers stopping at service stations, compared with those opting to drive by a service station – called the conversion ratio – it appears Sasol is the most successful in ensuring drivers pull in at their forecourts. Sasol’s conversion ratio is 6.2%, followed by Shell at 5.8%.
Did Sasol Inzalo pay dividends 2020?
On 10 February 2020, SSA declared an interim dividend of R17,34 per SSA ordinary share of which 2,5% will be paid to Sasol Khanyisa Public shareholders as a trickle dividend and 97,5% utilised towards the repayment of the vendor funding to Sasol Limited.
What is the purpose of Sasol?
To create superior value for our customers, shareholders and other stakeholders. Through our talented people, we use selected technologies to safely and sustainably source, produce and market chemical and energy products competitively.
How do I cash out my Sasol shares?
To sell your SOLBE1 shares you need to contact Computershare by telephone or in person and ask them to place a sell instruction. A call centre agent will verify your account details and the number of shares you hold, the sale process will then commence.
Does Sasol pay a dividend?
Faced with a debt crisis and an oil price slump, Sasol has not declared a dividend since March 2019.
What are the values of Sasol company?
OUR PURPOSE. To create superior value for our customers, shareholders and other stakeholders. Through our talented people, we use selected technologies to safely and sustainably source, produce and market chemical and energy products competitively.
What happens to my Sasol Inzalo shares?
In September 2018 when Sasol Inzalo comes to an end, your SIPBEE shares will cease to exist as these shares will be delisted from the Johannesburg Securities Exchange (JSE). Based on the current share price there is not likely to be any value distributed to shareholders after the funding has been settled.