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Sasol review may result in sale or closure of assets, but no ‘fire sale’

Chemicals and energy group Sasol has announced that an asset-review process is under way that could result in the sale, closure or growth of certain assets. However, the JSE-listed company has also stressed that there will be no “fire sale”. Joint president and CEO Bongani Nqwababa reports that the review is being conducted “against stringent financial metrics” with the objective of improving the company’s return on invested capital.