by Gerhard Engelbrecht | Aug 14, 2020 | Chemicals
Spot earnings increases slightly to R10.77/share this week as refining margins in particular moved higher. Refining margins remain well below normal levels, however. Spot earnings for the LCCP is at a loss of R4.82/share.Ethylene prices continue to fall in...
by Gerhard Engelbrecht | Aug 7, 2020 | Chemicals
Sasol’s spot earnings increased sharply this week, boosted by higher oil prices as well as a weaker rand. Spot earnings for the group is at R10.61/share while the LCCP earns a loss of R4.53/share. Refining margins continue to weaken, however.Asian...
by Gerhard Engelbrecht | Aug 4, 2020 | Chemicals
Another disposal Sasol announced the potential sale of 16 air separation units on the Synfuels site to Air Liquide for a possible consideration of R8.5bn. Sasol is set to purchase oxygen in future.Largest global oxygen producer: Sasol consumes...
by Gerhard Engelbrecht | Jul 31, 2020 | Chemicals
Sasol’s spot earnings declined as oil prices and refining margins in particular were lower this week. Spot earnings for FY21 is at R5.01/share. Singaporean petrol spreads weakened amid new COVID-19 cases as well as floods in India and China (link)..Polymer prices...
by Gerhard Engelbrecht | Jul 24, 2020 | Chemicals
Sasol’s spot earnings continue to rise this week as the oil prices moved higher. Crack spreads continue to fall however. Spot earnings for FY21 are at R9.00/share and at spot prices the LCCP earns a loss of R4.63/share.Polymer prices continue to advance in...
by Gerhard Engelbrecht | Jul 23, 2020 | Chemicals
Volumes generally lower: Sasol’s volumes in 4Q and the full year were generally lower due to COVID-19 lockdowns in several countries.Sasol Mining: Production and internal sales volumes in FY20 in the division were unchanged from last year despite the...
