SASOL: BETTING THE FARM ON US

Petrochemicals giant Sasol has unveiled plans to spend $21bn in building plants in the state of Louisiana in the United States. The capital expenditure will amount to two thirds of its current market cap of R260bn. Some investors and analysts questions whether the risk involved will justify the return. Equity Analyst at Avior, David Lerche [...]

2018-05-27T17:08:27+00:00 March 14th, 2013|Oil & Chemicals|