Sasol Limited reports developments tied to its global chemicals and energy operations, including integrated production in Southern Africa and its International Chemicals business. Recurring updates cover operating and financial results, production performance at Secunda Operations, coal quality, gas and condensate logistics, cost and capital spending discipline, and product supply across energy and chemical value chains.
Company news also includes capital-structure actions by Sasol Financing USA LLC, including cash tender offers and senior note activity, as well as shareholder voting matters, board changes, governance updates, safety performance, and business outlook disclosures.
Sasol has appointed Mr. Timothy John Cumming as an independent non-executive director, effective June 1, 2024. Mr. Cumming brings a wealth of experience in financial services and mining sectors, meeting independence requirements in South Africa and the United States. The appointment aims to strengthen Sasol's Board during challenging times.
Sasol announced the resignation of Chief Financial Officer and Executive Director, Mr Hanré Rossouw, effective on 31 October 2024. The company has initiated the succession process, with a replacement to be announced soon. Mr Rossouw will assist in the transition until the financial year-end closing in June 2024. Shareholders were informed in compliance with JSE Listings Requirements.
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