Sasol halts sale of olefins/surfactants

Bains, Elizabeth
April 2007
ICIS Chemical Business;4/9/2007, Vol. 2 Issue 61, p7
Trade Publication
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.


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