Sasol Breaks Ground on new Alkoxylation Production Facility in China

PR68854

NANJING, China, June 8, 2017 /PRNewswire=KYODO JBN/ --

Sasol Limited (JSE: SOL; NYSE: SSL), a leading integrated chemicals and energy

company, formally began construction of its new alkoxylation plant in Nanjing,

Jiangsu Province. Ushered in by a ground-breaking ceremony on June 8th at the

Nanjing Chemical Industrial Park (NCIP), the new plant is expected to be fully

operational in early 2019.

The ceremony was presided by Fleetwood Grobler, Executive Vice President of

Chemicals Business, Sasol, and attended by Miao Ruilin, the Mayor of Nanjing;

Dolana Msimang, the South African Ambassador to China; representatives from

South African diplomatic missions in China and NCIP officials.

The new production unit will modernise and expand Sasol's current alkoxylation

capacity, research and development facility and technical support capability in

Nanjing. Through this strategic investment, Sasol will strengthen its position

in China and better meet the growing demand for specialty chemicals in this

important growth market.

This project entails the construction of an alkoxylation plant with a capacity

of approximately 150 kilo tons per annum (ktpa), with the option of using

either branched or linear alcohols to meet differentiated customer requirements

in applications, such as detergent, personal care, textiles and leather, metal

working and lubrication, paper inks and coatings and the oil and gas recovery

markets.

"With China's economy forecast to represent 40% of the world chemical demand by

2020 and its on-going shift towards high value and differentiated segments,

China is an important market for Sasol," said Fleetwood Grobler, Executive Vice

President of Chemicals Business, Sasol. "The new production unit will more than

double Sasol's alkoxylation production capacity and Sasol's state-of-the-art

technology offers our business partners significant benefits in terms of

safety, reliability and flexibility."

The new site, to be located in NCIP, occupies about 35 acres representing a

significant expansion of the existing footprint. Through this project, Sasol

will be able to offer a range of diversified products to optimally serve this

growing market by combining a unique portfolio of building blocks and extensive

global experience. Sasol will continue to comply with the highest standards of

environment, health and safety and is committed to a sustainable development in

China.

About Sasol:

Sasol is an international integrated chemicals and energy company that

leverages technologies and the expertise of our 30,300 people working in 33

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.

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

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regarding exchange rate fluctuations, volume growth, increases in market share,

total shareholder return and cost reductions. Words such as "believe",

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"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 27 September 2016 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.

Source: Sasol Limited