Sasol sells Sasol Gulf assets Anichem

Sasol sells Sasol Gulf assets to Anichem

11:03 AM, 4th April 2013
Sasol sells Sasol Gulf assets to Anichem

JOHANNESBURG, SOUTH AFRICA: Sasol Olefins & Surfactants (Sasol O&S), a subsidiary of the international energy and chemical company Sasol Ltd, has sold the entire share capital of GD Portbury Ltd (Sasol Gulf) to Anichem FZC in Dubai (UAE). This deal is effective from 31 March 2013. The sale allows Sasol O&S to strengthen the focus on its strategy. Anichem FZC, a member of the Al Nahda International Group, will maintain the existing Sasol Gulf facility and retain the staff employed.

© WOC News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Harmful dyes found in sweets in India

  LUCKNOW, INDIA: India has just celebrated Holi, its festival of colours, where brightly dyed sweets are handed out to everyone. However, a nat ...

Read more
Fluor bags solar photovoltaic facility contract in Arizona

IRVING, US: Fluor Corporation was awarded a five-year operations and maintenance services contract by Arlington Valley Solar Energy II, LLC (AVSE II ...

Read more
FMC acquires pectin intellectual property of Vigido

PHILADELPHIA, US: FMC Corporation announced the acquisition of pectin-related intellectual property developed by Vigido AG, a subsidiary of UniPekti ...

Read more
Phillips 66 develops NGL fractionator in Old Ocean, US

HOUSTON, US: Energy manufacturer Phillips 66 is pursuing development of a 100,000 barrel per day natural gas liquids (NGL) fractionator to be located ...

Read more
Shell to sell Geelong Refinery in Australia

PARIS, FRANCE: Shell Australia announced its Geelong Refinery is for sale. The proposed sale of the 120 kilo barrel per day refinery is in line with ...

Read more
Cytec completes sale of coating resins business

WOODLAND PARK, US: Cytec Industries Inc has completed the previously announced sale of its coating resins business to Advent International, a global ...

Read more