Sasol Limited is an integrated energy and chemical company based in Sandton, South Africa.
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Sasol Limited is an integrated energy and chemical company based in Sandton, South Africa.
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Today, Sasol develops and commercialises technologies, including synthetic fuels technologies, and produces different liquid fuels, chemicals and electricity.
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Sasol is listed on the Johannesburg Stock Exchange and the New York Stock Exchange .
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Sasol completed his doctoral thesis from the Imperial College of Science in London on The Low-Temperature Carbonisation of South African Coal.
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Sasol's thesis was entitled "The Sulfur Content of Coals and Oil Shales".
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Kellogg Limited, and in 1950, Sasol was formally incorporated as the South African Coal, Oil, and Gas Corporation, a state-owned company.
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Sasol successfully used the longwall mining method from 1967 to 1987.
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Today, Sasol is one of the leaders in coal-mining technology and was the first to develop in-seam drilling from surface using a directional drilling methodology.
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Sasol then developed fixed fluidized bed reactors in which the catalyst particles were held in a fixed reaction zone.
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Sasol now sells an extensive range of fertilizers and explosives to local and international markets, and is a world leader in its low-density ammonium nitrate technology.
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Sasol has granted final approval for a US$11 billion ethane cracker and derivatives plant near Westlake and the community of Mossville, both across the Calcasieu River from Lake Charles, Louisiana, and is the largest foreign investment in the history of the State of Louisiana.
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Sasol devotes most of its sponsorship investment in South Africa to Sports.
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In 2009 Sasol agreed to pay an administrative penalty of R188 million as part of a settlement agreement with the Competition Commission of South Africa for alleged price fixing, in which a competitor alleged that Sasol was abusing its dominance in the markets for fertilisers by charging excessive prices for certain products.
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Sasol won an appeal on the case and will not be paying the settlement anymore.
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Sasol had to pay a €318 million fine to the European Commission in 2008, which is about R3.
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