Sasol's Wax Expansion Project Phase I Successfully Commissioned
Sasol's Wax Expansion Project Phase I Successfully Commissioned
PR60736
JOHANNESBURG, June 2/PRN=KYODO JBN/--
Phase I of Sasol's Fischer-Tropsch Wax Expansion Project (FTWEP) has been
successfully commissioned at its Sasolburg Operations in South Africa.
"This is a significant milestone and we are very pleased with this
development. It marks another step towards expanding our Southern African
operations as part of our dual regional strategy, while demonstrating our
commitment to South Africa through industrial investment," said Bernard
Klingenberg, Executive Vice President, Southern African Operations, Sasol
Limited.
Commenting on the scale of the project, Stephan Schoeman, Executive Vice
President, Group Technology, Sasol Limited, said: "Phase I of the expansion of
our wax facility in Sasolburg saw 31 million hours worked with an exceptional
safety record. Resourced by 450 engineers and with approximately 5 500
construction workers on site, we erected 7200 tons of steel and used nearly 600
kilometres of piping."
Phase II of FTWEP has commenced with major construction activity already
underway and is expected to be commissioned in the first half of the 2017
calendar year. The entire project will see Sasol invest R13,6 billion in the
South African economy.
Marketed through Sasol Performance Chemicals, hard waxes, medium waxes,
liquid paraffins and waxy oils are applied to a variety of industrial
applications. Hard waxes are used in hotmelt adhesives, PVC processing, inks,
paints and coatings, and asphalt applications; medium waxes are used in candle
markets and emulsions in the manufacturing of construction boards.
Notes to editors:
Pictures available on request.
Project statistics:
- In excess of 31 million hours were worked;
- The project achieved a safety record with a Recordable Case Rate of 0.15
as at end April 2015;
- The project was resourced by 450 engineers;
- Approximately 22,000 isometric drawings were created;
- 904 pieces of mechanical equipment were installed;
- 7,200 tons of steel erected in the construction of the various plants;
- Approximately 580 kilometres of piping and over 1,000 kilometres of
cable were used;
- 1,200 tie-ins were executed into existing plants; and
- During peak construction, there were 49 service providers and
approximately 5,500 construction workers on site.
Forward-looking statements: Sasol may, in this document, make certain
statements that are not historical facts and relate to analyses and other
information which are based on forecasts of future results and estimates of
amounts not yet determinable. These statements may also relate to our future
prospects, developments and business strategies. Examples of such
forward-looking statements include, but are not limited to, statements
regarding exchange rate fluctuations, volume growth, increases in market share,
total shareholder return and cost reductions. Words such as "believe",
"anticipate", "expect", "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. By their very nature, forward-looking statements involve inherent
risks and uncertainties, both general and specific, and there are risks that
the predictions, forecasts, projections and other forward-looking statements
will not be achieved. If one or more of these risks materialise, or should
underlying assumptions prove incorrect, our actual results may differ
materially from those anticipated. You should understand that a number of
important factors could cause actual results to differ materially from the
plans, objectives, expectations, estimates and intentions expressed in such
forward-looking statements. These factors are discussed more fully in our most
recent annual report under the Securities Exchange Act of 1934 on Form 20-F
filed on 29 September 2014 and in other filings with the United States
Securities and Exchange Commission. The list of factors discussed therein is
not exhaustive; when relying on forward-looking statements to make investment
decisions, you should carefully consider both these factors and other
uncertainties and events. Forward-looking statements apply only as of the date
on which they are made, and we do not undertake any obligation to update or
revise any of them, whether as a result of new information, future events or
otherwise.
About Sasol:
Sasol is an international integrated energy and chemicals company that
leverages the talent and expertise of our more than 32 400 people working in 37
countries. We develop and commercialise technologies, and build and operate
world-scale facilities to produce a range of high-value product streams,
including liquid fuels, chemicals and low-carbon electricity.
Issued by:
Alex Anderson
Head of Group Media Relations
Direct telephone: +27(11)441-3295
Mobile +27(0)71-600-9605
alex.anderson@sasol.com
SOURCE: Sasol Limited
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