R/€ = 15.26Change: 0.00
R/$ = 13.53Change: 0.02
Au 1146.91 $/ozChange: 0.46
Pt 936.00 $/ozChange: 1.50
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?

And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters About Us
RSS Feed
Article   Comments   Other News   Research   Magazine  
Oct 26, 2007

Creating energy

© Reuse this

Sasol�s South African energy cluster is the dominant contributor to the bigger group and oversees operations in four areas namely Sasol Mining, Sasol Gas, Sasol Synfuels, and Sasol Oil.

In the record results for the year ended June 2007, when the group reported turnover of R98-billion and an operating profit of R25,6-billion, the cluster contributed a whopping R77-billion to overall turnover and R21-billion to operating profits.

The operating profit of Sasol Mining was at R1 171-million, about 5% lower than the prior year, owing primarily to the planned higher coal purchases from an external supplier, Anglo Coal's Isibonelo Colliery, lower production volumes as a result of the Synfuels shutdowns, and the effect of the strike in December 2006.

Sasol Mining supplies coal to Sasol's synthetic fuels and chemical plants. The company has two regional operations, one of which is the Sigma Colliery, near Sasolburg, which consists of the Sigma/Mohlolo underground, and the Wonderwater strip-mining operations.

The second operation is the Secunda Collieries, consisting of five underground operations at Secunda, and the Syferfontein underground and strip-mining operations near Trichardt.

Sasol reports that the mining activities extracts close to 50-million tons of coal a year, and more than 90% of it comes from Secunda's four underground mines and one surface mine. The underground operations together, comprise the world's largest single underground coal mining complex. Around 4-million tons a year of coal is used for export.

Sasol Gas experienced a 7% increase in sales volumes, higher sales prices and the profit of R346-million on the sale of 25% of Republic of Mozambique Pipeline Investment Company, resulted in Sasol Gas increasing its operating profit by 27%, to R1 936-million.

Sasol reports that it is making good progress in the expansion of its pipeline gas network. During the financial year, a second pipeline gas cogeneration plant, for the production of electricity and steam, was commissioned in Newcastle, KwaZulu-Natal.

Sasol Gas was established in 1964, based on the availability of synthetic gas produced at Sasolburg. Using Mozambican natural gas, and hydrogen-rich gas from the Sasol Chemicals Industry and methane-rich gas from the Sasol Synthetic Fuels at Secunda, the company built a substantial gas market in South Africa, and has developed an extensive 1 500-km pipeline network in South Africa, which delivers gas reliably to more than 540 customers, mainly in industry sectors in Gauteng, Mpumalanga, and KwaZulu-Natal.

Sasol Synfuels had another record year, achieving an increase in operating profit of 20%, to R16 251-million, owing to higher oil prices and a weaker rand. Production volumes were 2,8% lower than last year as a result of the shutdowns, production instabilities during the start up of the SCC, and some production interruptions.

Operating costs have increased as a result of the need to import high-octane fuel blending components to meet demand during shutdowns, as well as higher coal and natural gas costs.

The Synfuels operation operates the world's only coal-based synfuels manufacturing facility at Secunda. The company produces synthesis gas from low-grade coal, and uses unique Sasol high-temperature Fischer-Tropsch technology o convert this into a large range of petrochemicals. These products include petrol, diesel, liquefied petroleum gas, and other synthetic liquid fuels, as well as industrial pipeline gas and chemical feed stocks.

Sasol Synfuels produces most of South Africa's chemical and polymer building blocks including ethylene, propylene, ammonia, phenolics, alcohols, and ketones.

Sasol Oil reports that operating profits declined marginally by 1%, to R2 417-million, mainly as a result of lower volumes from Sasol Synfuels, owing to the shutdowns and an increased level if imported petrol, diesel, and fuel components.

Sasol reports that the operation is making progress in retail network expansion under the Sasol and Exel brands, with 392 service stations in operations. This exceeds the industry growth.

Sasol Oil markets the group's liquid fuels and lubricants. The division oversees Sasol's interest in the National Petroleum Refiners of South Africa and Tosas, the joint venture bituminous products manufacturer and maker. Sasol Oil also markets Sasol Formula 100 Dual Fuel petrol, through 1 650 blue pumps in South Africa's industrial heartland.

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
Other Sasol and Synfuels News
CREATIVE COMPRESSOR SOLUTION The compressors were initially designed as oil-free air compressors, and had to be modified to accommodate the flow of nitrogen
Compressor and generator hire company Rand-Air, which is part of international engineering group Atlas Copco, played a significant role in the recent timely delivery of mission-critical equipment as well as services to petrochemicals producer Sasol Synfuels’ nitrogen...
EXPANDED OFFERING ImproChem concluded the purchase and integration of Swiss speciality chemicals company Clariant’s African water treatment business on July 1
JSE-listed speciality chemicals group African Explosives and Chemical Industries’ (AECI’s) wholly owned water, energy and air solutions subsidiary ImproChem recently expanded its technology offering and market reach to provide water, energy and air quality management...
Two groups of environmental rights organisations have given notice of their intention to seek consent to be admitted as friends of the court (amici curiae), in court proceedings launched in May by energy and chemical company Sasol and crude oil processing and...
Latest News
The Worldwide Fund for Nature (WWF) has called on governments to introduce legislation that puts a stop to the construction of new coal plants, stating that coal consumption needed to be phased out completely by 2050, or earlier. The international nongovernmental...
The International Monetary Fund (IMF) has again lowered its growth outlook for South Africa for 2015, projecting in its October World Economic Outlook (WEO) that the economy would expand by only 1.4% this year and 1.3% in 2016. The forecasts represent a 0.6 and a 0.8...
Minister Thulas Nxesi
There are still many opportunities for South Africa’s black high school learners to find jobs in future, both in the public and private sectors, provided that the learners apply discipline and commitment to study, Public Works Minister Thulas Nxesi said on Tuesday....
Recent Research Reports
Liquid Fuels 2015: A review of South Africa's liquid fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2015 Report examines these issues in the context of South Africa’s business environment; oil and gas exploration; fuel pricing; the development of the country’s biofuels industry; the logistics of transporting liquid fuels; and...
Road and Rail 2015: A review of South Africa's road and rail sectors (PDF Report)
Creamer Media’s Road and Rail 2015 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail infrastructure and network, the funding and maintenance of these respective networks, and...
Defence 2015: A review of South Africa's defence sector (PDF Report)
Creamer Media’s Coal 2015 report examines South Africa’s coal industry with regards to the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the...
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
This Week's Magazine
Sphere Holdings CEO Itumeleng Kgaboesele
Black-owned investment holding company Sphere Holdings plans to raise a further R1-billion in the coming months in support of its strategy to become a leading black industrial enterprise, which could ultimately seek a listing on the JSE.
Energy analyst and EE Publishers MD Chris Yelland warned recently against excessive optimism regarding timescales for the proposed construction of new nuclear power plants (NPPs) in South Africa. He was speaking at a Nuclear Roundtable in Johannesburg. “I think we...
Malawi’s Lilongwe Water Board (LWB) is inviting eligible bidders to prequalify for the board’s efficiency improvement works, which will be implemented as part of the E24-million Lilongwe Water Resources Efficiency Programme.   LWB CEO Alfonso Chikuni explains that...
CROATIA, AN EU MEMBER BUT NOT A TDCA MEMBER On July 1, 2013, Croatia officially became the twenty-eighth member of the European Union (EU). Despite Croatia’s accession into the EU, it is yet to become party to the Trade, Development and Cooperation Agreement (TDCA)...
The Council for Scientific and Industrial Research (CSIR) has announced that its new Inundu airborne electronics testing, evaluation and training pod had made its first test flight on September 10. The successful flight was undertaken from Lanseria International...
Alert Close
Embed Code Close
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96