Sasol seeks expansion in China

Sasol Ltd, the leading chemicals manufacturer in South Africa, said on Wednesday that it set up an office in Shanghai to sell its chemical solvents in China.

Sasol Chemicals Shanghai Co. Ltd. (SCS) will first sell products from the global Sasol Solvents business, which operates plants in South Africa and Germany.

Sasol Solvents built plants in South Africa and Germany to supply a wide range of products, such as glycol ethers, C3/C4 alcohols, esters and acids, ethanol, ethyl acrylate, fine chemicals and aldehydes, glacial crylic acid, ketones, methanol, n-butyl acrylate and mining chemicals.

Reiner Groh, general manager for Sasol's chemicals businesses, said the opening of SCS will consolidate Sasol's profitable and sustainable growth and new business development in chemical industry.

As the largest coal producer and consumer in the world, China is encouraging coal-to-liquid (CTL) projects in order to reduce its dependence on imported oil. Therefore, Sasol prepares to implement CTL plans in China.