23.74 0.00 (0.00%)
After hours: 4:17PM EDT
|Bid||23.73 x 800|
|Ask||26.66 x 800|
|Day's Range||23.46 - 23.78|
|52 Week Range||23.08 - 39.73|
|Beta (3Y Monthly)||0.96|
|PE Ratio (TTM)||22.67|
|Forward Dividend & Yield||0.98 (4.21%)|
|1y Target Est||32.93|
NANJING , China , July 10, 2019 /PRNewswire/ -- Sasol Limited, an international integrated chemicals and energy company, today announced the opening of its new alkoxylation plant in Nanjing . This facility ...
South Africa's rand firmed in afternoon trade on Friday thanks to a weakening U.S. dollar, but the local currency was on track to end the week on a weaker footing after a row over the central bank's mandate rattled investors, while stocks also gained. At 1500 GMT, the rand was 0.58% firmer at 14.9075 per dollar, as the greenback fell on weak U.S. jobs data that boosted expectations the Federal Reserve would cut interest rates this year. "Matters could well have been even more severe for the rand if this was a week where the greenback remained strong in global markets," said Lukman Otunuga, analyst at futures brokerage FXTM.
JOHANNESBURG , June 7, 2019 /PRNewswire/ -- Sasol Limited ("Sasol") announced today that its wholly owned subsidiary Sasol Financing USA LLC (the "Borrower") has entered into new $1,8 ...
LAKE CHARLES, Louisiana, June 3, 2019 /PRNewswire/ -- Sasol today announced beneficial operation of its new ethylene oxide (EO) production facility at its Lake Charles Chemicals Project (LCCP). As announced on 22 May 2019, Sasol achieved beneficial operation of the ethylene glycol (EG) facility. The combined ethylene oxide/ethylene glycol (EO/EG) unit is the second of the seven LCCP production facilities to come online.
South African petrochemicals firm Sasol Ltd said on Monday that a second unit at its U.S. ethane cracker project came online last week. The company's Lake Charles Chemicals Project , which will convert ...
JOHANNESBURG, June 3, 2019 /PRNewswire/ -- Sasol provided an update on the Lake Charles Chemicals Project (LCCP) in an announcement on 22 May 2019. The announcement included reference to the fact that beneficial operation of the Ethylene Glycol (EG) facility had been achieved, with the beneficial operation of the Ethylene Oxide (EO) facility expected within days. Sasol is pleased to announce that the EO facility achieved beneficial operation on 31 May 2019. The combined EO/EG unit is the second of the seven LCCP production units to come online.
Moody's Investors Service ("Moody's") has today affirmed Sasol Limited's ("Sasol") Baa3 long-term issuer rating and the Baa3 senior unsecured ratings of Sasol Financing International Limited and Sasol Financing USA LLC. Sasol's national scale long-term issuer rating has been downgraded to Aa1.za from Aaa.za. Moody's has also affirmed both Sasol's short-term issuer rating of P-3 and its national scale short-term issuer rating of P-1.za.
3M Co. (MMM), Mizuho Financial Group Inc. (MFG), Sasol Ltd. (SSL), and Halliburton Co. (HAL) have declined to their three-year lows. The prices of 3M Co. (MMM) shares have declined to $166.09 on May 24, which is only 1.3% above the 3-year low of $163.85. 3M Co. is an American international conglomerate corporation with operations in the fields of industry, worker safety, health care, and consumer goods.
JOHANNESBURG, May 22, 2019 /PRNewswire/ -- Sasol has today updated its guidance for LCCP following a review process to assess the project costs and schedule. LCCP's schedule remains on track with the Ethylene Glycol/Ethylene Oxide Unit due to achieve beneficial operation within days. As at the end of March 2019 project completion was at 96% with construction completion at 89%.
JOHANNESBURG, May 22, 2019 /PRNewswire/ -- In the Company's trading statement, released by the Stock Exchange News Service on 8 February 2019, updated guidance was provided for the LCCP's schedule and capital costs, which were estimated in the range of $11,6 to $11,8 billion. Following this announcement a number of changes were made to the management of the LCCP, with project accountability immediately reassigned to the Executive Vice President of Chemicals, Fleetwood Grobler and the strengthening of our project controls organisation. This team became concerned regarding the accuracy of the project's cost forecast and, as a consequence, our third quarter Business Performance Metrics announcement in April 2019 indicated that the LCCP's cost was tracking the upper end of the range.
Sasol has raised the expected cost of its U.S. ethane cracker project by around $1 billion following a review by the project's new management, the South African petrochemical firm said on Wednesday. The cost estimate for the Lake Charles plant has been raised to a range of $12.6-12.9 billion, which includes a contingency of $300 million, Sasol said in a stock exchange announcement. Sasol said a review of the project's costs and schedule identified concerns relating to its forecasting process and an increase in the projected total cost.