BYE-BYE SASOL! IT WAS GOOD HAVING YOU! (1) Sasol is a global - TopicsExpress



          

BYE-BYE SASOL! IT WAS GOOD HAVING YOU! (1) Sasol is a global organisation, employing over 35,000 people in 37 countries. It needs to grow, and that growth should take place where the opportunities lie, Alex Anderson (Sasol) (2) “I understand that Sasol was sheltered and protected and started with state capital, and now they could leave, but in the same breath it’s a tragedy that more Sasols aren’t arriving. We must recognise that capital is mobile,” Adrian Saville, chief investment officer at Cannon Asset Managers. (3) “If Sasol were to concentrate on only investing in South Africa, it would have limited access to competitively priced feedstock or cheap, highly productive labour..In the US over the last few years, the gas price has collapsed, which has given them a significant competitive advantage in energy....” Mohamed Kharva, analyst at Nedgroup Securities,
Posted on: Sun, 06 Apr 2014 14:22:28 +0000

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