Sasol to sell US$508m Air Separation Unit business to Air Liquide

SOUTH AFRICA – Petrochemicals giant Sasol South Africa has announced that it and Air Liquide have concluded negotiations for the proposed R8.5-billion (US$508 million) sale of Sasol’s air separation units (ASUs). Sasol has 16 ASUs on site and related assets with a combined capacity of up to 42,000 t/d of oxygen. The units provide oxygen for Sasol’s fuels and chemical production processes in Secunda. The ASUs also produce various other gases used at Secunda and rare gases are sold externally. Air Liquide already owns and operates a seventeenth ASU unit…

Read More