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Fleetwood Grobler Sasol Group CEO at the company’s annual financial results presentation at the head office in Sandton. (Photo: Freddy Mavunda/Business Day)
CARBON CAPTURE

Sasol on ‘rollercoaster’ ride to a green future

Fleetwood Grobler, the petrochemical giant’s chief executive, says the company is transitioning from coal to gas and eventually to hydrogen.

  • Sarah Smit
4 min read
Money guzzler: Cost overruns on the Lake Charles chemical plant in the United States has caused Sasol’s debt levels to rise. The company hopes to find a willing partner for the plant which could help it recover from the ‘disastrous situation’ it finds itself in. (Sasol)
CORONAVIRUS

Sasol seeks life-saving plan

The company plans to raise as much as $2-billion from its investors as it grapples with plunging oil prices and high debt levels

  • Thando Maeko
6 min read