http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 17.22Change: -0.39
R/$ = 14.99Change: -0.38
Au 1279.73 $/ozChange: -7.52
Pt 1056.50 $/ozChange: -11.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
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

Back
Africa|Building|CoAL|Cogeneration|Components|Diesel|Export|Gas|Industrial|Mining|Petrochemicals|Petroleum|Pumps|Technology|Africa|Cogeneration|Energy|Manufacturing|Products|Service|Cogeneration|Operations|Diesel
Africa|Building|CoAL|Cogeneration|Components|Diesel|Export|Gas|Industrial|Mining|Petrochemicals|Petroleum|Pumps|Technology|Africa|Cogeneration|Energy|Manufacturing|Products|Service|Cogeneration|Operations|
africa-company|building|coal|cogeneration|components|diesel-company|export|gas|industrial|mining|petrochemicals|petroleum|pumps|technology|africa|cogeneration-industry-term|energy|manufacturing|products|service|cogeneration-person|operations|diesel

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

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here
 
Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Sasol and Synfuels News
PRACTICAL DEVELOPMENT Sasol Techno X seeks to expose the many facets of technology, encouraging leader to explore a range of disciplines and career choices
International integrated energy and chemicals company Sasol hosted yet another successful Techno X exhibition which took place from August 3 and 7 in Secunda, Mpumalanga attracting almost 22 000 people including thousands of learners from various schools in all the...
PROMISING TECHNOLOGY Ford’s project will test the first-ever cars to run on environment-friendly dimethyl ether and oxymethylene ether
Automotive manufacturer Ford Motor Company is spearheading a €3.5-million research project to investigate the use of alternative fuels that could offer customers the power and performance of modern internal combustion engines, with enhanced fuel efficiency and...
CONSERVATION IMPERATIVE Sasol still plans to deliver remaining cash conservation benefits of between R30-billion and R50-billion over the following 24 months
The extensive business performance enhancement programme (BPEP), implemented in 2012 by integrated chemicals and energy company Sasol, has resulted in cost savings of R2.5-billion during 2015 – ahead of the group’s R1.5-billion financial-year target. Moreover, the...
More
 
 
Latest News
Brenda Berlin
Updated 6 hours ago Platinum mining company Impala Platinum (Implats) has secured a court order against a US platinum recycler, from which it is claiming $201-million. Implats said on Wednesday that the order, issued by the US District Court for the Eastern District of Pennsylvania,...
Andrew Hinkly
Updated 7 hours ago A potentially far-reaching step has been taken towards the viable roll-out of hydrogen refuelling infrastructure for platinum-using fuel cell electric vehicles (FCEVs) with the launch of a system that allows hydrogen to be stored and transported in conventional fuel...
Johannesburg mayor Parks Tau
Updated 7 hours ago At least R14-billion in investments had seen the economic development of the City of Johannesburg, resulting in economic hubs that created jobs and further opportunities for the city’s citizens, mayor Parks Tau said on Wednesday. The city had begun redesigning the...
More
 
 
Recent Research Reports
Energy Roundup – May 2016 (PDF Report)
The May 2016 roundup covers activities across South Africa for April 2016 and includes details of the National Energy Regulator of South Africa’s proposal to introduce a coal benchmark cost as part of its final decision on Eskom’s multiyear price determination...
Automotive 2016: A review of South Africa's automotive sector (PDF Report)
Creamer Media’s Automotive 2016 Report provides an overview of South Africa’s automotive industry over the past 12 months. The report provides insight into local demand and production, vehicle imports and exports, investment and competitiveness in the sector, as well...
Energy Roundup – April 2016 (PDF Report)
The April 2016 roundup covers activities across South Africa for March 2016 and includes details of a North Gauteng High Court Judge’s dismissal of a court application to postpone the 9.4% electricity tariff increase, which the National Energy Regulator of South...
Electricity 2016: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2016 report provides an overview of South Africa’s electricity sector, focusing on State-owned power utility Eskom and independent power producers, electricity planning, transmission, distribution and the theft thereof, besides other issues.
Energy Roundup – March 2016 (PDF Report)
The March 2016 roundup covers activities across South Africa for February 2016 and includes details of the Department of Energy’s plans to announce the preferred bidders for the first tranche of the coal independent power producer procurement programme; the Council...
Steel 2016: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2016 Report examines South Africa’s steel industry over the past 12 months. The report provides insight into the global steel market and and particularly into South South Africa’s steel sector, including production and consumption, main...
 
 
 
 
 
This Week's Magazine
The two spent-fuel pools at Eskom’s 1 800 MW Koeberg nuclear power station, in the Western Cape, will be full by 2018, increasing the urgency on the State-owned utility to begin pursuing alternative storage options. Koeberg has, over the past 32 years, accumulated a...
South Africa lacks the skills necessary to implement the government’s plan to build 9.6 GWe of new nuclear energy capacity, warns nuclear-qualified Quality Strategies International CEO David Crawford. “Apart from the concern about the affordability of the programme,...
DOROS HADJIZENONOS The 700-series devices provide network security monitoring, app control, URL filtering, VPN security, antivirus, antispam, antibot, and advanced intrusion prevention and detection functionality
Cybersecurity multinational Check Point has released its latest 700-series cybersecurity systems for small businesses, which draw on its international threat intelligence to provide up-to-date cybersecurity, says Check Point South Africa country manager Doros...
Daimler Trucks and Buses Southern Africa (DTBSA) saw a marked slip in new-vehicle sales in 2015 compared with 2014, with sales dropping from 5 897 units to 5 300 units. The decline came as the South African new truck and bus market declined from 31 558 units in 2014...
Group of 20 (G-20) economies threatened to penalise havens that don’t share information on their banking clients after the leak of the Panama Papers provoked a global uproar over tax evasion. The G-20 will consider “defensive measures” against financial centers and...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
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
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $149 Close
Subscribe Now for $149