by Gerhard Engelbrecht | Apr 16, 2021 | Chemicals
Sasol’s spot earnings were slightly higher this week as higher oil prices were offset by a stronger rand and lower refining margins. Petrol and diesel cracks were lower. Spot earnings for FY21 are at R27.20 and at R45.16 for FY22.Chemical prices in Asia...
by Gerhard Engelbrecht | Apr 8, 2021 | Chemicals
Sasol’s spot earnings for FY21 and FY22 were flat this week as lower oil prices and a stronger rand were offset by higher refining margins. Refining margins remain well below long run averages. Spot earnings for FY21 are at R27.10 and at R43.53 for...
by Gerhard Engelbrecht | Mar 31, 2021 | Chemicals
Emission threat: Sasol’s licence to operate its synthetic fuels operation in South Africa is under threat due to its extremely low energy efficiency and high emissions of carbon dioxide at its Synfuels facility.Mitigating options: Sasol is looking to...
by Gerhard Engelbrecht | Mar 26, 2021 | Chemicals
Sasol’s spot earnings were only slightly higher this week as lower oil prices and refining margins were offset by a weaker rand. Spot earnings for FY21 and FY22 are at R27.05 and R43.66/share. Refining margins remain weak and diesel cracks are close to...
by Gerhard Engelbrecht | Mar 19, 2021 | Chemicals
Sasol’s spot earnings retreated this week as oil prices pulled back sharply. Refining margins remained weak and diesel cracks dropped around $1/bbl. Spot earnings for FY21 is at 26.78/share and spot earnings for FY22 declined by 23% to...
