Brief: Sasol Says Received A Notice Of Force Majeure From Transnet

Sasol

20/10/2022 06:15

Oct 20 (Reuters) - Sasol Ltd  SOLJ.J :
    * SASOL -  SASOL RECEIVED A NOTICE OF FORCE MAJEURE FROM
TRANSNET
    * SASOL -  TRANSNET STRIKE IMPACTS MOVEMENT OF CERTAIN
FEEDSTOCKS
AND PRODUCTS BETWEEN OUR INLAND OPERATIONS AND DURBAN AND
RICHARDS BAY PORTS
    * SASOL - PRODUCTION RATES AT SELECTED PLANTS IN SECUNDA AND
SASOLBURG HAVE BEEN IMPACTED
    * SASOL - DECLARED FORCE MAJEURE ON LOCAL SUPPLY AND EXPORT
OF
CERTAIN CHEMICAL PRODUCTS
    * SASOL -UNABLE TO QUANTIFY IMPACT ON OUR SOUTH AFRICAN
VALUE
CHAINS, AS EXTENT AND TIMING TO CLEAR BACKLOGS ACROSS PORT AND
RAIL SYSTEM ARE UNCERTAIN.
    * SASOL - NATREF REFINERY CONTINUES TO OPERATE AS NO
DISRUPTION
WAS CAUSED TO TRANSNET'S PIPELINES
    * SASOL - PORT AND RAIL ACTIVITIES HAVE COMMENCED, WITH
DISCHARGE
OF CONTAINERS FROM SHIPS IN HARBOR PRIORITISED
    * SASOL -  FURTHER PRICING AND DEMAND VOLATILITY ARE
EXPECTED FOR
THE REMAINDER OF FY23, IMPACTING OUR ABILITY TO PROVIDE ACCURATE
VOLUME FORECASTS

Source text for Eikon:  ID:nJseT0001a 
Further company coverage:  SOLJ.J 
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