Sasol Limited
Sasol Ordinary Share codes:
JSE: SOL
NYSE: SSL
Sasol Ordinary ISIN codes:
ZAE000006896 US8038663006
Sasol BEE Ordinary Share code: JSE: SOLBE1
Sasol BEE Ordinary ISIN code: ZAE000151817
("Sasol" or "the Company")
SASOL’S LAKE CHARLES CHEMICALS PROJECT (LCCP) ETHANE
CRACKER UNIT ACHIEVES BENEFICIAL OPERATION
In our announcement of 26 August 2019, we confirmed that the 72-hours beneficial
operation production test run on the LCCP’s Ethane Cracker was at the halfway
mark. This test run has now been completed and we have achieved beneficial
operation of the unit.
The plant continues to operate stably at a capacity utilisation of around 50%. The
current output is utilised by our downstream units and the remainder is sold to
external customers. We continue to focus on improving the ethylene quality and
ramp up the plant in accordance with our plans.
28 August 2019
Sandton
Sponsor: Merrill Lynch South Africa Proprietary Limited
Disclaimer – Forward-looking statements
Sasol may, in this document, make certain statements that are not historical facts
and relate to analyses and other information which are based on forecasts of future
results and estimates of amounts not yet determinable. These statements may also
relate to our future prospects, developments and business strategies. Examples of
such forward-looking statements include, but are not limited to, statements regarding
exchange rate fluctuations, volume growth, increases in market share, total
shareholder return, executing our growth projects (including LCCP), oil and gas
reserves, cost reductions, our Continuous Improvement (CI) initiative and business
performance outlook. Words such as “believe”, “anticipate”, “expect”, “intend",
“seek”, “will”, “plan”, “could”, “may”, “endeavour”, “target”, “forecast” and “project” and
similar expressions are intended to identify such forward-looking statements, but are
not the exclusive means of identifying such statements. By their very nature,
forward-looking statements involve inherent risks and uncertainties, both general and
specific, and there are risks that the predictions, forecasts, projections and other
forward-looking statements will not be achieved. If one or more of these risks
materialise, or should underlying assumptions prove incorrect, our actual results may
differ materially from those anticipated. You should understand that a number of
important factors could cause actual results to differ materially from the plans,
objectives, expectations, estimates and intentions expressed in such forward-looking
statements.