South African Business 2024

Page 38

OVERVIEW

Energy Sasol’s partnerships are defining a new direction for the energy giant.

A

series of international and domestic partnerships that Sasol has signed in recent months illustrate that the company has decided that the energy future must be markedly different to the present. A disruption of the company’s AGM by climate activists and doubts about the company’s carbon-reduction strategy expressed by some big investors have helped bring that awareness to broader public attention. International chemicals and energy company Sasol has several large plants in the Free State and Mpumalanga, pictured, and is the dominant national player in these sectors. Products manufactured by Sasol include synthetic fuel, petroleum, paraffin, jet fuel, creosote, bitumen, diesel and lubricants. The primary feedstock for synthetic-fuel production is coal. With more than 30 000 employees and a presence in 30 countries, the decisions Sasol makes have a big impact. Subsidiary company Sasol ecoFT is producing sustainable fuels and chemicals from green hydrogen and sustainable carbon sources via the Power-to-Liquids process and using the Fischer-Tropsch technology (FT) which has helped set the company apart in its field. In 2010 Sasol flew the world’s first passenger aircraft using fully

SOUTH AFRICAN BUSINESS 2024

36

SECTOR INSIGHT A market for carbon credits has been created.

synthetic jet fuel and it has been investigating solutions ever since. Sasol is part of a consortium based at its Secunda operations called HyShiFT with Linde, Enertrag and HydRegen, a spinoff company from the Department of Chemistry of the University of Oxford. The project aims to invest in about 500MW of renewable energy that will supply a 200MW electrolyser for green hydrogen production, resulting in PHOTO: Sasol


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Banking and financial services

3min
pages 61-63

Thought leaders with impact

4min
pages 59-60

Education and skills training

1min
page 58

Development finance and SMME support

3min
pages 56-57

ICT

2min
pages 54-55

Telecommunications

1min
pages 52-53

Polokwane International Airport is soaring to destined glory

2min
pages 50-51

New hotels are being built. Tourism

1min
page 49

Transport and logistics

1min
page 48

Water

1min
page 47

Construction and property

1min
page 46

Manufacturing: automotive

1min
page 45

Manufacturing

1min
page 44

Engineering

2min
pages 42-43

Oil and gas

3min
pages 40-41

Energy

3min
pages 38-39

Mind the Gap

2min
pages 36-37

Mining

3min
pages 34-35

Agriculture

3min
pages 32-33

Aim higher and connect more with Telkom Naledi packages.

1min
pages 29-31

Collaborating to put young people to work

7min
pages 24-26

INVESTMENT OPPORTUNITY BOEGOEBAAI DEEPWATER PORT : Northern Cape INVESTMENT OPPORTUNITY NAMAKWA SPECIAL ECONOMIC ZONE

2min
page 23

: Northern Cape INVESTMENT OPPORTUNITY BOEGOEBAAI SPECIAL ECONOMIC ZONE

1min
page 22

10 REASONS WHY YOU SHOULD INVEST IN SOUTH AFRICA

1min
page 17

SOUTH AFRICA

5min
pages 14-16

South African Business

2min
pages 12-13
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