JOHANNESBURG /PRNewswire/
-- Phase I of Sasol's Fischer-Tropsch Wax Expansion Project (FTWEP)
has been successfully commissioned at its Sasolburg Operations
in South
Africa.
"This
is a significant milestone and we are very pleased with this
development. It marks another step towards expanding our Southern
African operations as part of our dual regional strategy, while
demonstrating our commitment to South
Africa through industrial investment,"
said Bernard
Klingenberg, Executive Vice President, Southern African
Operations, Sasol Limited.
Commenting on the scale of the project, Stephan
Schoeman, Executive Vice President, Group Technology, Sasol
Limited, said: "Phase I of the expansion of our wax facility in
Sasolburg saw 31 million hours worked with an exceptional safety
record. Resourced by 450 engineers and with approximately
5 500 construction workers on site, we erected 7200 tons of
steel and used nearly 600 kilometres of piping."
Phase
II of FTWEP has commenced with major construction activity already
underway and is expected to be commissioned in the first half of
the 2017 calendar year. The entire project will see Sasol invest
R13,6 billion in the South African economy.
Marketed through Sasol Performance Chemicals, hard waxes, medium
waxes, liquid paraffins and waxy oils are applied to a variety of
industrial applications. Hard waxes are used in hotmelt adhesives,
PVC processing, inks, paints and coatings, and asphalt
applications; medium waxes are used in candle markets and emulsions
in the manufacturing of construction boards.
Notes to editors:
Pictures available on request.
Project statistics:
Forward-looking statements: Sasol may, in this document, make
certain statements that are not historical facts and relate to
analyses and other information which are based on forecasts of
future results and estimates of amounts not yet determinable. These
statements may also relate to our future prospects, developments
and business strategies. Examples of such forward-looking
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exchange rate fluctuations, volume growth, increases in market
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"believe", "anticipate", "expect", "intend", "seek", "will",
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involve inherent risks and uncertainties, both general and
specific, and there are risks that the predictions, forecasts,
projections and other forward-looking statements will not be
achieved. 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. These factors are discussed more fully in our most
recent annual report under the Securities Exchange Act of 1934 on
Form 20-F filed on 29 September
2014 and in other filings with the United States
Securities and Exchange Commission. The list of factors discussed
therein is not exhaustive; when relying on forward-looking
statements to make investment decisions, you should carefully
consider both these factors and other uncertainties and events.
Forward-looking statements apply only as of the date on which they
are made, and we do not undertake any obligation to update or
revise any of them, whether as a result of new information, future
events or otherwise.
About
Sasol:
Sasol
is an international integrated energy and chemicals company that
leverages the talent and expertise of our more than 32 400 people
working in 37 countries. We develop and commercialise technologies,
and build and operate world-scale facilities to produce a range of
high-value product streams, including liquid fuels, chemicals and
low-carbon electricity.
Issued
by:
Alex
Anderson, Head of Group Media Relations
Direct telephone +27(11)441-3295; Mobile +27(0)71-600-9605;
[email protected]