PETROCHEMICALS

Dineo Faku

Sasol delivers on output targets despite bad weather and Covid Dineo Faku dineo.faku@inl.co.za SASOL, the JSE-listed petrochemicals giant, has delivered its production targets in the year ended June 2021 despite the Covid-19 pandemic and adverse weather conditions, it said in a statement yesterday. Total chemical sales volumes were only 3 percent lower compared to the prior year and largely in line with previous market guidance of between 2 and 4 percent lower, Sasol said. This was despite adverse weather events in both the US and South Africa impacting production, the divestment of the US Base Chemical assets and the continued impact of the Covid-19 pandemic. The American chemicals assets grappled with two hurricanes and an Arctic winter storm, which had a combined impact of 300 000 tons,…

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Cape Times (Digital) - 1 Issue, 2021-07-28

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