Sasol to accelerate portfolio ‘simplification’ as review of 100 assets nears completion

Chemicals and energy group Sasol confirmed on Monday that its asset review was at an advanced stage and indicated that it would, in the coming months, accelerate efforts to simplify its portfolio. The group has indicated previously that it expects to realise more than $1-billion from the disposal of noncore assets, but has, to date, formally identified only the Canadian shale-gas assets as noncore.