Sasol is a global chemicals and energy company. We harness our knowledge and expertise to integrate sophisticated technologies and processes into world-scale operating facilities. We safely and sustainably source, produce and market a range of high-quality products, creating value for stakeholders.
Sasol comprises three distinct market-focused businesses, namely: Chemicals, Energy and Sasol ecoFT. Our more focused portfolio is underpinned by a transition to a lower-carbon future and our 70-year track record demonstrates we have the capabilities and competencies to deliver sustainable value in these three core businesses.
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Sasol's investors consist of both equity investors (those invested in the Sasol ordinary shares or the ADRs) and lenders/debt investors (banks and institutional investors lending to Sasol or investing in its issues of debt instruments such as local bonds, offshore bonds, commercial paper issues, project finance, loans and other credit facilities and convertible instruments).
Supply Chain is the custodian of all external spend for the Sasol Group. It is responsible for managing supply and demand so as to ensure cost-efficiency and maximise return on spend, while at the same time ensuring effective logistics of a range of deliverables.
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Johannesburg, South Africa – Sasol’s Group Technology announced that they have signed partnership framework agreements with the Engineering Contractors (ECs) Wood South Africa (Pty) Ltd and Worley Matasis (Pty) Ltd on 22 January 2020.
The objective of the partnerships is to enter into a long term, mutually beneficial relationship for the purpose of achieving specific business objectives by maximising the effectiveness of each parties’ resources in the field of capital project engineering and construction.
As part of Group Technology’s global future, the function has revised its contracting model to pursue portfolio-based partnership agreements with these preferred ECs, initially applying the agreement mainly to Sasol’s Southern African operations. Group Technology supports the long-term sustainability of Sasol through the provision of expertise in the fields of research, technology, engineering and project management.
Wood and Worley will separately deploy their systems, processes, experience and knowledge in crafting and implementing solutions for complete execution of capital projects in a collaborative manner. These first-of-a-kind partnership agreements with Sasol have a long term objective, and the partnership agreements will be reviewed after five years.
These partnerships will support Sasol’s value-based strategy as well as Group Technology’s global focus.