What does SASOL mean in Companies & Firms?
This page is about the meanings of the acronym/abbreviation/shorthand SASOL in the Business field in general and in the Companies & Firms terminology in particular.
Suid Afrikaanse Steenkool Olie en Gas Korporasie
Submitted by acronimous on July 17, 2013
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Definition
What does SASOL mean?
- Sasol
- Sasol Limited is an integrated energy and chemical company based in Sandton, South Africa. The company was formed in 1950 in Sasolburg, South Africa and built on processes that were first developed by German chemists and engineers in the early 1900s (see coal liquefaction). Today, Sasol develops and commercialises technologies, including synthetic fuels technologies, and produces different liquid fuels, chemicals and electricity.Sasol is listed on the Johannesburg Stock Exchange (JSE: SOL) and the New York Stock Exchange (NYSE: SSL). Major shareholders include the South African Government Employees Pension Fund, Industrial Development Corporation of South Africa Limited (IDC), Allan Gray Investment Counsel, Coronation Fund Managers, Ninety One, and others. Sasol employs 30,100 people worldwide and has operations in 33 countries. It is the largest corporate taxpayer in South Africa and the seventh largest coal mining company in the world.
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"SASOL." Abbreviations.com. STANDS4 LLC, 2024. Web. 11 May 2024. <https://www.abbreviations.com/term/1441901>.
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