Sasol Looks at Propylene Oxide and Propylene Glycol Ethers Production in South Africa.

Energy Editors/Business Editors

JOHANNESBURG, South Africa--(BUSINESS WIRE)--Aug. 21, 2003

Sasol is studying the viability of producing propylene oxide and propylene glycol ethers at its Midlands site at Sasolburg in South Africa. Propylene glycol ethers are solvents used in products such as water-based paints, inks, coatings and adhesives.

Propylene oxide is a bulk chemical with above average growth rates and is used as a raw material in the production of polyurethane, propylene glycol and glycol ethers. Sasol is investigating the possibility of processing propylene oxide to produce propylene glycol ethers, and to sell propylene oxide on the merchant market by late 2006.

Sasol chief executive Pieter Cox says: "Basic engineering is underway to determine the viability of a proposed 60 000 metric ton per annum propylene oxide plant and the outcome should be known by the second quarter of 2004. Of particular significance is the testing of an exciting new environmentally friendly process technology. "

The new process technology developed by Degussa AG and Uhde GmbH employs hydrogen peroxide to oxidise propylene at high yield with no significant generation of by-products, except for water.

Managing director of Sasol Solvents, Reiner Groh says: "Should the project go ahead, the local production of propylene glycol ethers will add significant value to Sasol Solvent's current range of products."

Sasol, with a market capitalization of approximately USD 7 billion, is an integrated oil and gas group with substantial chemical interests. Based in South Africa and operating in 15 other countries throughout the world, Sasol is the leading provider of liquid fuels in South Africa and a major international producer of chemicals, using a world leading technology for the commercial production of synthetic fuels and chemicals from low grade coal. In the future Sasol expects to apply this technology to convert natural gas to diesel and chemicals. Sasol manufactures over 200 fuel and chemical products that are sold in more than 90 countries and also operates coal mines to provide feedstock for synthetic fuels and chemical plants. The company also manufactures and markets synthesis gas and operates the only inland crude oil refinery in South Africa. Internet address: www.sasol.com.

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