TITLE

Sasol halts sale of olefins/surfactants

AUTHOR(S)
Bains, Elizabeth
PUB. DATE
April 2007
SOURCE
ICIS Chemical Business;4/9/2007, Vol. 2 Issue 61, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on the plan of Sasol, the South African oil and petrochemicals producer, to withdraw from the sale of its olefins and surfactants business after failing to find a suitable buyer. According to chief executive officer (CEO) Pat Davies, they are disappointed not to have the outcome they desired. However, they believe that it is in shareholders' interests to retain the business and improve its performance. Financial information on the business is given.
ACCESSION #
25082010

 

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