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lake charles chemicals projectlatest news & developments
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
Emissions are still climbing. In 2024, global greenhouse gas emissions increased by 2.3%, reaching 57.7 gigatons of CO₂ equivalent — a faster rate of growth than in 2023 and more than four times the annual average of the 2010s.
BONGANI NQWABABA

Sasol executive pay to be linked to emissions?

The petrochemical giant has issued a report on its climate plans, but do they go far enough?

  • Kevin Davie
6 min read