Sasol ramps up Lake Charles turnaround ahead of possible listing

Sasol’s management will spend the next two years building value into its international chemical business, Lake Charles, ahead of the possible listing or co-investing, among other possible options the company will be exploring. 

CEO Simon Baloyi told Business Day that the company had not made a firm decision regarding the Lake Charles chemical business, adding that Sasol is already dually listed on the New York Stock Exchange and JSE...

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