NEW YORK, April 9, 2013 /CNW/ - Sasol today celebrated its 10 year anniversary
of its listing on the New York Stock Exchange (NYSE).
Sasol CEO David Constable and Sasol's executive management will ring the
closing bell to mark the occasion.
Sasol's shares trade in the form of American Depositary Receipts (ADRs) and
listed at US$10,73 per share. One Sasol ADR is the equivalent to one Sasol
ordinary share traded on the Johannesburg Stock Exchange (JSE).
The NYSE listing has made it possible for Sasol access the U.S. capital
market, which is the world's largest, while growing its profile in this
investment community as a compelling investment proposition.
Sasol is currently in the front-end engineering and design phase, for an
integrated gas-to-liquids project and a world-scale ethane cracker, in
Louisiana. The proposed investment is estimated to be between $16 and $21
billion, making it the largest foreign investment in the State of Louisiana's
Committed to excellence in all we do, Sasol is an international integrated
energy and chemical company that leverages the talent and expertise of our
more than 34000 people working in 38 countries. We develop and commercialise
technologies, and build and operate world-scale facilities, to produce a range
of product streams, including liquid fuels, chemicals and electricity.
While continuing to support our home-base of South Africa, Sasol is expanding
internationally based on a unique value proposition, which links our diverse
businesses into an integrated value chain supported by top-class functions.
Alex Anderson, Group Media Manager Direct telephone +27(11)441-3295; Mobile
Jacqui O'Sullivan, GM: Group Communication Direct telephone +27(11)441-3252;
Mobile +27(0)82-883-9697; email@example.com
To view this news release in HTML formatting, please use the following URL:
ST: New York
-0- Apr/09/2013 18:09 GMT
Press spacebar to pause and continue. Press esc to stop.