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Sasol Ltd American Depositary Shares
Sasol Limited, commonly referred to as Sasol, is an integrated energy and chemical company based in Sandton, South Africa.
The company was formed in 1950 in Sasolburg, South Africa, and built around coal liquefaction processes that German chemists and engineers first developed in the early 1900s. Today, Sasol develops and commercializes technologies, including synthetic fuel technologies, and produces different liquid fuels, chemicals, coal tar, and electricity.
Sasol is listed on the Johannesburg Stock Exchange and the New York Stock Exchange. Major shareholders include the South African Government Employees Pension Fund, Industrial Development Corporation of South Africa Limited, Allan Gray Investment Counsel, Coronation Fund Managers, Ninety One, and others.
Sasol employs over 27,000 people worldwide and has operations in 33 countries. It is the largest corporate taxpayer in South Africa, and the seventh-largest coal mining company in the world.