Sasol Limited Overview
Sasol Limited consists of a group of companies focused on integrated energy and chemicals. It specializes in chemical and fuel components, such as petrochemicals, liquid and gaseous fuels, synthetic fuels, and lubricants. The company operates through two business segments, namely, mining and exploration and production international. The exploration and production international segment is engaged in developing and managing the company's upstream interests in oil and gas exploration and production activities. The company generates most of the revenue from South Africa and also conducts operations in Asia, Europe, and the Americas. Sasol Chemicals (USA) LLC, Sasol Germany GmbH, Sasol Chevron Holdings Limited are some of the subsidiaries of the company. Royal Dutch Shell Plc. and Chevron Corporation are key competitors of the company. The company’s GTL process represents a compelling value proposition, offering authorities in countries the opportunity to utilize their gas reserves better by producing liquid fuels and chemicals.
Recently, the company introduced the Chevron brand in Mexico. Through its subsidiary Chevron Combustibles de Mexico, Sasol Limited plans to work with local partners to participate in the importation, distribution, and commercialization of refined products in the country.
Strategy
Sasol Limited is primarily focused on the transformation of growth strategies and business structure. It aims at tackling product-related issues with the help of its customers and recommend innovative technologies that help them accelerate their business. It is also planning to strengthen its service delivery infrastructure by providing 24/7 security services to its customers. Furthermore, to expand its domestic market in countries such as Japan, the company is planning to transform its sales structure.
