Plenty of information available on the company: The finacials are on their website: sasol.com
I never heard of the company and have no comment on it at this time. Basic stuff for anyone interested:
Sasol is a maker of things hydrocarbon -- such as petrochemicals and synthetic fuels -- which it develops and produces using its own proprietary technologies. Originally know as the South African Coal, Oil and Gas Corporation, Sasol is now a private-sector company with subsidiaries that make gasoline, diesel, heating oils, and related products. The company also makes solvents, waxes, fertilizers, and explosives. Sasol has several strip and underground coal-mining sites within South Africa. The company claims to supply some 40% of South Africa's liquid fuel needs; nonetheless, about 25% of the its sales are outside of South Africa. Sasol is set to open a new krypton/xenon extraction plant in 1999.
Address: One Sturdee Ave., PO Box 5486 2196 Rosebank, Johannesburg 2000, South Africa Phone: +27-441-3111 Fax: +27-788-5092 Web Site: sasol.com
CEO: Pieter V. Cox CFO: Johan Bezuidenhout HR: Tjeerd Rodenhuis
Fiscal Year End: June Sales Year: 1997 Sales ($ millions): 3,487.7 1-Yr. Sales Change: 12.3%
Employees: 24,700
Ticker Symbol: SASOY (ADR) Exchange: Nasdaq (SC) |