Sasol Ltd (NYSE: SASOF)

Sasol Limited is a global energy and chemicals company that integrates sophisticated technologies and processes into world scale operating facilities to source produce and market a range of high quality products worldwide.

The company generates revenue through the sale of liquid fuels to wholesalers retailers and end users through overland exports in Southern Africa through the sale of natural gas under long term gas sales agreements and through the sale of chemicals including base chemicals such as polymers fertilisers explosives methanol ammonia gases and solvents and differentiated chemicals such as phenolics wax comonomers safol cobalt catalyst and carbon to customers worldwide under annual and multi year contracts.

The company operates through the following segments: Mining Gas Fuels Chemicals Africa and International Chemicals.

• Mining segment extracts coal from collieries in the Secunda and Sasolburg areas supplying coal to the Secunda Operations Sasolburg Operations and external markets.

• Gas segment holds equity in producing assets in Mozambique and explores licences in Mozambique and South Africa supplying natural gas under long term gas sales agreements to domestic and international customers.

• Fuels segment operates synthetic fuel plants at Secunda and the Natref refinery in Sasolburg and has an interest in the ORYX GTL joint venture in Qatar producing liquid fuels for wholesale retail and export markets.

• Chemicals Africa segment comprises Base Chemicals and Differentiated Chemicals divisions producing polymers fertilisers explosives methanol ammonia gases solvents phenolics wax comonomers safol cobalt catalyst and carbon mainly for customers in South Africa with selected exports.

• International Chemicals segment comprises Chemicals Americas and Chemicals Eurasia divisions producing ethylene polyethylene polypropylene propylene glycol surfactants alcohols aldehydes ketones acrylates and other specialty chemicals serving customers in North America Europe Asia and other regions.

Sasol holds a leading position in Fischer Tropsch technology and integrated value chains giving it a competitive advantage through proprietary technology diversified product portfolio and global scale operations.

The company serves a diverse customer base that includes licensed fuel wholesalers retailers end users in Southern Africa gas off takers such as Matola Gas Company S A ENH Kogas Central Termica de Ressano Garcia S A and Electricidade de Moçambique chemicals customers such as Equistar Chemicals LP and Enaex Africa Pty Ltd and various industrial and consumer customers worldwide.