by Gerhard Engelbrecht | Apr 30, 2021 | Chemicals
Sasol’s spot earnings are higher this week and core earnings for FY21 are at R28.98/share. FY21 earnings become less sensitive to drivers as the financial year draws to an end. Spot headline earnings for FY22 is at R53.16/share. Oil prices were...
by Gerhard Engelbrecht | Apr 23, 2021 | Chemicals
Sasol’s spot earnings are higher this week and core earnings for FY21 are at R28.81/share. Spot headline earnings for FY22 breached R50/share. Oil prices were slightly higher but refining margins remain weak.Monomer prices in Asia increased but...
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...