SOL & SSL: Sasol Limited - Sasol to Double Production of Waxes in SA

JOHANNESBURG, South Africa, June 13  /PRNewswire-FirstCall/ -- Sasol Limited (JSE:SOLJSE:NYSE:JSE:SSL) business unit, Sasol Wax, has announced its intention to double production of waxes in South Africa.

Sasol Wax is the world's leading producer and marketer of synthetic and petroleum derived waxes, with production facilities in South Africa and Europe. The waxes, which are manufactured via the Fischer-Tropsch process, are used in a wide variety of specialised applications including hot-melt adhesives, polymers, inks and high performance bitumen modifiers.

"Sasol Wax is substantially expanding production in South Africa to take advantage of growth in international wax markets," says the MD of Sasol Wax, Johan du Preez.

The project will be implemented in phases in line with the projected growth in key markets. The first phase will come into operation in 2010, with the second phase expected to be completed in 2013. The project will cover the full range of products from medium melt candle waxes to ultra-hard waxes for speciality applications.

"This investment is in line with Sasol's strategy to leverage our technological advantage, utilising our Fischer-Tropsch technology," says Sasol GM for the chemical cluster Reiner Groh.

  Sasol Investor Relations Tel.: [phone]/3321

  Forward-looking statements:


In this announcement we make certain statements that are not historical facts and relate to analyses and other information based on forecasts of future results not yet determinable, relating, amongst other things, to exchange rate fluctuations, volume growth, increases in market share, total shareholder return and cost reductions. These are forward-looking statements as defined in the United States Private Securities Litigation Reform Act of 1995. Words such as "believe", "anticipate", "intend", "seek", "will", "plan", "could", "may", "endeavour" and "project" and similar expressions are intended to identify such forward-looking statements, but are not the exclusive means of identifying such statements. Forward-looking statements involve inherent risks and uncertainties and, if one or more of these risks materialise, or should underlying assumptions prove incorrect, actual results may be very different from those anticipated. The factors that could cause our actual results to differ materially from such forward-looking statements are discussed more fully in our most recent annual report under the Securities Exchange Act of 1934 on Form 20-F filed on 2 November 2006 and in other filings with the United States Securities and Exchange Commission. Forward-looking statements apply only as of the date on which they are made, and Sasol does not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise. 

DATASOURCE: Sasol Limited



CONTACT:  Sasol Investor Relations Tel.: [phone]/3321

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