Sasol Olefins & Surfactants Sells its Sasol Gulf Assets to Anichem

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Apr 03, 2013, 08:18 ET

JOHANNESBURG, April 3, 2013 /PRNewswire/ --

Sasol Olefins & Surfactants (Sasol O&S), a subsidiary of the international energy and chemical company Sasol Ltd., announced today that it has sold the entire share capital of G.D. Portbury Ltd. (Sasol Gulf) to Anichem FZC in Dubai (UAE). This deal is effective 31 March 2013.

Sasol Gulf, a subsidiary of Sasol Italy which is part of Sasol O&S, produces 15,000 tonnes of Linear Alkylbenzene Sulfonate (LAS) annually at its facility in Dubai. The product which is used as a primary cleaning agent in many laundry detergents and cleaners is sold into the regional market.

The sale allows Sasol O&S to strengthen the focus on its strategy, the company said. Anichem FZC, a member of the Al Nahda International Group, agreed to maintain the existing Sasol Gulf facility and retain the staff employed.

About Sasol:

Committed to excellence in all we do, Sasol is an international integrated energy and chemical company that leverages the talent and expertise of our more than 34 000 people working in 38 countries. We develop and commercialise technologies, and build and operate world-scale facilities, to produce a range of product streams, including liquid fuels, chemicals and electricity.

While continuing to support our home-base of South Africa, Sasol is expanding internationally based on a unique value proposition, which links our diverse businesses into an integrated value chain supported by top-class functions.

Issued by:

Alex Anderson, Group Media Manager

Direct telephone +27(11)441-3295; Mobile +27(0)71-600-9605;

[email protected]

Jacqui O'Sullivan, GM: Group Communication

Direct telephone +27(11)441-3252; Mobile +27(0)82-883-9697;

[email protected]

Claudia Wagner, Manager Sasol O&S Global Communications

Direct telephone +49(40)63-684-1408 ; Mobile +49(0)163-63684-75

[email protected]

SOURCE Sasol