Sasol narrows immediate asset-disposal focus to ‘top ten’ list

Chemicals and energy group Sasol has developed a list of ten major assets that will be prioritised for sale in the coming weeks and months as it moves to streamline the business into what is being termed ‘Sasol 2.0’, while also raising proceeds to help it reduce a $9.5-billion debt burden. In total, the group has identified more than 20 assets for disposal from a portfolio of about 100 cash-generating units.