Sasol Ltd is a global energy and chemical company based in South Africa. It was founded in 1950 and is headquartered in Johannesburg. The company's name "Sasol" is an abbreviation of "South African Coal, Oil, and Gas Corporation." Sasol is listed on the Johannesburg Stock Exchange (JSE) under the stock symbol "SOL" and on the New York Stock Exchange (NYSE) in the form of American Depositary Receipts (ADRs) under the ticker symbol "SSL." This allows investors from different parts of the world to invest in the company's shares.
Sasol is primarily known for its expertise in converting coal and natural gas into liquid fuels, as well as producing a variety of chemical products. Their innovative technologies enable them to produce a wide range of products, including synthetic fuels, chemical feedstocks, and various specialty chemicals.
The company operates across several segments, including Mining, Exploration and Production International, Energy, Base Chemicals, Performance Chemicals, and other businesses. Their operations span multiple countries, and they have a significant presence in various regions around the world.
Over the years, Sasol has grown into a major player in the energy and chemical industry, and their technology and expertise have allowed them to be at the forefront of converting natural resources into valuable products. The company has faced both successes and challenges throughout its history, and it continues to adapt to changes in the global energy and chemical markets.