Sasol

THE MINISTER OF FORESTRY, FISHERIES AND THE ENVIRONMENT (MINISTER) UPHOLDS SASOL SOUTH AFRICA'S APPEAL AND PERMITS THAT A LOAD-BASED LIMIT BE APPLIED TO REGULATE SULPHUR DIOXIDE EMISSIONS FROM THE BOILERS OF THE SECUNDA OPERATIONS

Retrieved on: 
Monday, April 8, 2024
SO2, Clause, SSA, MES, Sasol

39 of 2004), to be regulated on an alternative emission load basis, as opposed to the current concentration-based limits, for the sulphur dioxide (SO2) emissions generated from the boilers at the Secunda Operations' steam plants from 1 April 2025 onwards.

Key Points: 
  • 39 of 2004), to be regulated on an alternative emission load basis, as opposed to the current concentration-based limits, for the sulphur dioxide (SO2) emissions generated from the boilers at the Secunda Operations' steam plants from 1 April 2025 onwards.
  • Sasol has been steadfast in its commitment to ambient air quality improvement and reducing its environmental footprint.
  • On 31 July 2023, SSA submitted an appeal to the Minister, as provided for in section 43(1) of the National Environmental Management Act,1998 (Act No.
  • On 5 April 2024, the Minister issued her decision, in terms of which she upheld SSA's appeal and set aside the decision of the NAQO.

SASOL ANNOUNCES STREAMLINED GROUP EXECUTIVE COMMITTEE, INCLUDING CHANGES TO IMPORTANT FUNCTIONS AND EXECUTIVE RESPONSIBILITIES OF DIRECTORS

Retrieved on: 
Wednesday, April 3, 2024
Information management, GEC, Corporate Affairs, Sasol, Marketing, Intellectual property, Management

JOHANNESBURG, April 3, 2024 /PRNewswire/ -- Sasol has streamlined the portfolios of the members of its Group Executive Committee (GEC).

Key Points: 
  • JOHANNESBURG, April 3, 2024 /PRNewswire/ -- Sasol has streamlined the portfolios of the members of its Group Executive Committee (GEC).
  • Effective 1 April 2024, Sasol's GEC comprises the following members:
    Mr Simon Baloyi, Executive Director and President and Chief Executive Officer;
    Mr Hanré Rossouw, Executive Director and Group Chief Financial Officer;
    Mr Vuyo Kahla, Executive Director and Executive Vice President: Commercial and Legal, responsible for Legal, Intellectual Property and Compliance, Assurance, Information Management, Supply Chain and Company Secretarial Services;
    Mr Victor Bester, Executive Vice President: Operations and Projects Southern Africa;
    Mr Christian Herrmann, Executive Vice President: Marketing and Sales Energy and Chemicals Southern Africa;
    Ms Charlotte Mokoena, Executive Vice President: Human Resources and Corporate Affairs;
    Mr Brad Griffith, Executive Vice President: Chemicals Business.
  • Mr Griffith will retire on 30 June 2024 and will be succeeded by Ms Antje Gerber on 15 April 2024, who joins Sasol as Executive Vice President: International Chemicals.

PRODUCTION AND SALES METRICS FOR THE SIX MONTHS ENDED 31 DECEMBER 2023

Retrieved on: 
Thursday, January 25, 2024
Carbon, Projection, Investment, Natural gas, Annual report, Climate change, Aviation, Sasol, Petroleum

JOHANNESBURG , Jan. 25, 2024 /PRNewswire/ -- Sasol has published its production and sales performance metrics for the six months ended 31 December 2023 on the Company´s website at www.sasol.com , under the Investor Centre section: https://www.sasol.com/investor-centre/financial-results .

Key Points: 
  • JOHANNESBURG , Jan. 25, 2024 /PRNewswire/ -- Sasol has published its production and sales performance metrics for the six months ended 31 December 2023 on the Company´s website at www.sasol.com , under the Investor Centre section: https://www.sasol.com/investor-centre/financial-results .
  • These statements may also relate to our future prospects, expectations, developments, and business strategies.
  • If one or more of these risks materialise, or should underlying assumptions prove incorrect, our actual results may differ materially from those anticipated.
  • You should understand that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements.

RESULTS OF THE ANNUAL GENERAL MEETING OF SASOL LIMITED HELD ON FRIDAY, 19 JANUARY 2024

Retrieved on: 
Monday, January 22, 2024
Audit committee, Ethics, Sasol, Non-binding resolution, Social

JOHANNESBURG, Jan. 22, 2024 /PRNewswire/ -- Sasol shareholders are hereby advised of the results of the business conducted at Sasol's annual general meeting held on Friday, 19 January 2024.

Key Points: 
  • JOHANNESBURG, Jan. 22, 2024 /PRNewswire/ -- Sasol shareholders are hereby advised of the results of the business conducted at Sasol's annual general meeting held on Friday, 19 January 2024.
  • All the resolutions were passed by the requisite majority of voting rights exercised.
  • The results are as follows:
    1.
  • Non-binding advisory resolution number 1:  To endorse, on a non-binding advisory basis, the Company's remuneration policy

VelocityEHS Repeats as a Leader in New Process Safety Management Green Quadrant Report

Retrieved on: 
Monday, November 20, 2023
Carbon, MOC, AI, Sasol, PSM, Human factors and ergonomics, ESG, Climate, Environmental compliance, EHS, Process safety management, Operational risk, Machine learning, Velocity, Control, Safety

CHICAGO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- VelocityEHS® , the global leader in enterprise EHS & ESG software solutions, announced that it has once again been named a Leader by the London-based independent analyst firm Verdantix in its second Green Quadrant (GQ) for Process Safety Management (PSM) Software.

Key Points: 
  • CHICAGO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- VelocityEHS® , the global leader in enterprise EHS & ESG software solutions, announced that it has once again been named a Leader by the London-based independent analyst firm Verdantix in its second Green Quadrant (GQ) for Process Safety Management (PSM) Software.
  • PSM is one of the many capabilities of the award-winning VelocityEHS Accelerate® Platform .
  • “Process Safety Management is a massive responsibility.
  • In addition to the PSM GQ, Velocity has been named a leader in recent Verdantix Green Quadrant Reports for ESG, Carbon Management, EHS, and EHS specifically for mid-market companies.

Mainstream Renewable Power reaches financial close on 97.5 MW solar PV farm with corporate PPAs in South Africa

Retrieved on: 
Tuesday, November 21, 2023
Eddie O'Connor (businessman), Air Liquide, Professional, MAMSA, Wind, Free, Renewable energy, Sasol

LYSAKER, Norway, Nov. 21, 2023 /PRNewswire/ -- Mainstream Renewable Power ("Mainstream"), the pureplay global wind and solar company majority-owned by Aker Horizons ASA, has reached financial close on a 97.5 MW solar PV farm which has 20-year Power Purchase Agreements (PPAs) with Sasol and Air Liquide, in South Africa.

Key Points: 
  • LYSAKER, Norway, Nov. 21, 2023 /PRNewswire/ -- Mainstream Renewable Power ("Mainstream"), the pureplay global wind and solar company majority-owned by Aker Horizons ASA, has reached financial close on a 97.5 MW solar PV farm which has 20-year Power Purchase Agreements (PPAs) with Sasol and Air Liquide, in South Africa.
  • Construction of the solar PV farm, which is located in the Free State province, will start this year and is scheduled to be fully operational in 2025.
  • As one of the most successful developers of renewable energy in South Africa, Mainstream is well positioned as a partner of choice for private PPAs.
  • In addition, its subsidiary, Mainstream Asset Management South Africa (MAMSA), provides operations and maintenance services to ensure long-term asset integrity.

Mainstream Renewable Power reaches financial close on 97.5 MW solar PV farm with corporate PPAs in South Africa

Retrieved on: 
Tuesday, November 21, 2023
Eddie O'Connor (businessman), Air Liquide, Professional, MAMSA, Wind, Free, Renewable energy, Sasol

LYSAKER, Norway, Nov. 21, 2023 /PRNewswire/ -- Mainstream Renewable Power ("Mainstream"), the pureplay global wind and solar company majority-owned by Aker Horizons ASA, has reached financial close on a 97.5 MW solar PV farm which has 20-year Power Purchase Agreements (PPAs) with Sasol and Air Liquide, in South Africa.

Key Points: 
  • LYSAKER, Norway, Nov. 21, 2023 /PRNewswire/ -- Mainstream Renewable Power ("Mainstream"), the pureplay global wind and solar company majority-owned by Aker Horizons ASA, has reached financial close on a 97.5 MW solar PV farm which has 20-year Power Purchase Agreements (PPAs) with Sasol and Air Liquide, in South Africa.
  • Construction of the solar PV farm, which is located in the Free State province, will start this year and is scheduled to be fully operational in 2025.
  • As one of the most successful developers of renewable energy in South Africa, Mainstream is well positioned as a partner of choice for private PPAs.
  • In addition, its subsidiary, Mainstream Asset Management South Africa (MAMSA), provides operations and maintenance services to ensure long-term asset integrity.

SASOL ANNUAL GENERAL MEETING TO BE RECONVENED

Retrieved on: 
Friday, November 17, 2023
Communication, Management, Sasol

JOHANNESBURG, Nov. 17, 2023 /PRNewswire/ -- Sasol hereby informs shareholders that the annual general meeting which had been convened to take place at 9:30 on Friday, 17 November 2023 at Sasol Place, 50 Katherine Street, Sandton, Johannesburg, South Africa and by means of Sasol's electronic meeting platform could not take place due to disruption by protestors.

Key Points: 
  • JOHANNESBURG, Nov. 17, 2023 /PRNewswire/ -- Sasol hereby informs shareholders that the annual general meeting which had been convened to take place at 9:30 on Friday, 17 November 2023 at Sasol Place, 50 Katherine Street, Sandton, Johannesburg, South Africa and by means of Sasol's electronic meeting platform could not take place due to disruption by protestors.
  • The Chairman accommodated the protestors and went further to invite them to a meeting with representatives of the Sasol Board, which was declined.
  • Once it became clear that the protestors would not accommodate the effective participation of other shareholders, cancelling the meeting became the only prudent option, as the Chairman was inhibited from effectively communicating with the shareholders present.
  • Further communication will be addressed to shareholders regarding the way forward on this matter.

APPOINTMENT OF SASOL PRESIDENT AND CHIEF EXECUTIVE OFFICER

Retrieved on: 
Friday, November 17, 2023
Internal, Chemical engineering, Engineering management, Executive, Management, Sasol, Engineering

JOHANNESBURG, Nov. 17, 2023 /PRNewswire/ -- The Board of Sasol Limited is pleased to announce the appointment of Mr Simon Baloyi as the President and Chief Executive Officer and executive director of the Company with effect from 1 April 2024.

Key Points: 
  • JOHANNESBURG, Nov. 17, 2023 /PRNewswire/ -- The Board of Sasol Limited is pleased to announce the appointment of Mr Simon Baloyi as the President and Chief Executive Officer and executive director of the Company with effect from 1 April 2024.
  • Simon will succeed Mr Fleetwood Grobler, the current President and Chief Executive Officer of Sasol Limited.
  • Fleetwood will continue to serve in an executive advisor role until 31 December 2024, to ensure a smooth and structured handover.
  • Simon Baloyi is currently employed as the Executive Vice President, Energy Operations and Technology at Sasol.

RESIGNATION OF MR SIPHO NKOSI AS CHAIRMAN AND NON-EXECUTIVE DIRECTOR OF SASOL LIMITED

Retrieved on: 
Monday, November 13, 2023
Companies Act, Nomination, Companies Act 2006, Management, Sasol

Mr Nkosi came to the conclusion that, while he was comfortable that he would be able to comply with the conflict of interest requirements of the Companies Act, 2008 (Act No.

Key Points: 
  • Mr Nkosi came to the conclusion that, while he was comfortable that he would be able to comply with the conflict of interest requirements of the Companies Act, 2008 (Act No.
  • The Board has appointed Mr Stephen Westwell, currently non-executive and lead independent director, as pro tem Chairman of the Board of Sasol Limited, with effect from 11 November 2023.
  • Mr Westwell said: "The Board commends Mr Nkosi for the leadership he has provided to the Board leading to the determination of the Future Sasol strategy and its implementation.
  • The Board of directors thank Mr Nkosi for his dedication during his tenure as Chairman of the Board and wish him well for the future."