Sasol reported H1 FY26 results with flat turnover of R122.4 billion despite 3% higher sales volumes. Adjusted EBITDA declined 12% to R21.0 billion due to lower crude oil and chemicals prices, while EBIT fell 52% to R4.6 billion. However, the company achieved positive free cash flow of R0.8 billion for the first time in four years through disciplined cost management and lower capital expenditure. Net debt stood at R63.3 billion (US$3.8 billion), exceeding the dividend trigger threshold. The company revised down International Chemicals guidance and expects continued challenging operating conditions.

Sasol Limited reported significant earnings declines for H1 2025 driven by a 17% drop in Brent crude oil prices, 3% decrease in chemicals prices, and R7.8 billion in impairments. EPS is expected to fall 89-99% to R0.10-R0.80, while adjusted EBITDA is projected at R19-23 billion (down 4-21%). The company was partially offset by improved refining margins, 3% higher sales volumes, and cost management initiatives. Free cash flow is expected to improve despite lower earnings due to reduced capital expenditure.

Sasol reported Q2 FY26 results with fatality-free operations and progress on key initiatives. The company achieved beneficial operation of its destoning plant, improved Natref refinery performance, and secured an electricity trading license. However, challenges included lower gas supply from Mozambique, soft chemicals market conditions, and an extended outage at the Louisiana polyethylene JV. Fuel sales guidance was revised upward to 5-10% growth, while gas production guidance was revised downward due to project delays and lower demand.

Sasol Limited announced the appointment of Rhidwaan Gasant as an independent non-executive director effective February 1, 2026. Gasant is a Chartered Accountant with over three decades of experience in financial, governance, and energy sectors, having held senior positions at KPMG, Mobil Oil, Engen Limited, and AngloGold Ashanti. The board appointment is expected to strengthen Sasol's oversight and strategic guidance.

A comprehensive industry report on South Africa's plastics manufacturing sector reveals that Sasol and Safripol dominate polymer production, with up to 1,800 converters generating over R100bn in combined revenue in 2024. The industry faces challenges from global oversupply, feedstock insecurity, and high raw material costs, but opportunities exist in agriculture, construction, and recycled plastics. The global polymer oversupply is expected to correct by 2026-2027, with environmental regulations and increased recycled plastic adoption shaping future growth.

Sasol reported its annual production and sales metrics, highlighting resilience in a challenging macro environment. The company made strategic decisions in coal production, improved digital transformation, and expanded renewable energy agreements while expecting to meet most financial guidance for the fiscal year.

The propanol market is expected to grow significantly due to increasing demand in paints, coatings, and personal care sectors. Asia-Pacific leads in consumption, and emerging markets in the region and Latin America offer expansion opportunities. However, the market faces challenges from raw material price volatility and stringent environmental regulations.

Sasol Limited announced changes to its board of directors, including the appointment of an independent non-executive director and the resignation of a non-executive director and chairman of the Remuneration Committee.

Sasol's production and sales metrics for the nine months ended March 2025 show continued pressure on margins due to global economic and geopolitical factors. The company is implementing self-help measures and adjusting its coal production and sourcing to mitigate the impact. Operational challenges and tariff uncertainties have also affected sales volumes across the business.

The heat transfer fluids market is projected to reach USD 7.24 billion by 2032, driven by the increasing demand for energy-efficient systems across diverse industries, particularly in power generation, chemical processing, and automotive manufacturing.

Sasol's financial performance for the six months ended 31 December 2024 was impacted by a challenging macroeconomic and operating environment, leading to a decline in revenue, earnings, and free cash flow. The company's net debt also increased during the period.

The propanol market is experiencing substantial growth, driven by increasing demand in pharmaceuticals, cosmetics, and industrial applications, as well as the growing use of propanol-based solvents in various industries. The market is expected to reach USD 6.34 billion by 2032, growing at a CAGR of 5.70% from 2024 to 2032.