Sasol (SSL +2.6%), the world's largest producer of motor fuels from coal, says it is planning an...


Sasol (SSL +2.6%), the world's largest producer of motor fuels from coal, says it is planning an expansion drive in North America and is looking for a buyer for its Iranian plant. CEO David Constable says SSL may build a gas-to-liquids plant in Louisiana that would produce 96K barrels of mostly diesel per day, and will decide by year's end whether to build a 48K bbl/day plant in Canada.

Comments (1)
  • Veritas1010
    , contributor
    Comments (3062) | Send Message
     
    Sasol is a solid company, diversified and international. These steps are win-win. Into NA and out of the aspiring Persian empire.

     

    dis.: long on Sasol.
    10 Sep 2012, 09:45 PM Reply Like
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