- CEO
- Simon Baloyi
- Full Time Employees
- 27,678
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- Address
- Sasol Place Johannesburg South Africa 2196
- IPO Date
- Sep 25, 2012
- Business
- Sasol Limited (SASOF) is an integrated chemicals and energy company that produces and markets a range of commodity and specialty chemicals, synthetic fuels, and low-carbon solutions. The company offers synthetic fuel products including gasoline, diesel, jet fuel, and paraffin waxes; chemical products such as solvents, ethylene, propylene, polymers, and surfactants; and fertilizers, explosives, and low-carbon hydrogen and ammonia under brands like Sasol Synfuels and Sasol Chemicals. Sasol operates across mining, gas-to-liquids, and chemicals segments, serving industrial, mining, and energy customers in over 30 countries with primary production facilities in South Africa, the United States, and Mozambique.
Founded in 1950 and headquartered in Johannesburg, South Africa, Sasol maintains significant operations in Secunda and Sasolburg in South Africa, Lake Charles in the United States, and its Mozambique gas project. The company explores for and produces coal, natural gas, and oil, converting these feedstocks into synthetic fuels and chemicals through Fischer-Tropsch technology. Subsidiaries include Sasol Chemicals North America and Sasol Mining, with no parent company as it operates independently on the Johannesburg Stock Exchange and OTC markets.
In the past two years, Sasol has advanced its sustainability strategy by launching commercial sustainable aviation fuel production at its Secunda site in partnership with South African Airways and Air bp, targeting net-zero emissions by 2050. The company completed the Lake Charles Chemicals Project optimization in 2024, enhancing U.S. ethylene and polyethylene capacity amid market recovery, and secured a major gas supply extension with ENH in Mozambique through 2032. Additionally, Sasol divested non-core assets including its Snøhvit stake and finalized a coal supply agreement with TEC Coal, while appointing new leadership including Simon Baloyi as permanent CEO in 2024 to drive portfolio reshaping and capital discipline.