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Hamburg, Germany – On 2 June 2022, Sasol (JSE: SOL, NYSE SSL) and Uzbekistan GTL’s ongoing cooperation took a major step ahead with the signing of a Memorandum of Understanding (MOU) on the provision of Low Temperature Fischer Tropsch TM (LTFT™) catalysts.
The signing befell throughout Baku Power Week, certainly one of most prestigious occasions within the power sector within the Caspian area, held in Baku, the capital of Azerbaijan.
The MOU builds on the preliminary 2018 catalyst provide settlement between Sasol and Uzbekistan GTL and contains technical assist by Sasol, in addition to the provision of a subsequent era catalyst.
“The MOU is a vital milestone in our cooperation with Uzbekistan GTL and underpins their belief in our Fischer Tropsch catalyst and our know-how management on this area,” mentioned Dr Cronje Grove, Vice President of Superior Supplies, Sasol Chemical compounds.
Sasol Chemical compounds’ main place within the GTL catalyst area is highlighted by the latest institution of the CARE-O-SENE consortium targeted on the event and manufacturing of future era catalysts.
These new catalysts will additional enhance product yield with the identical useful resource enter/optimized useful resource use and also will cut back prices for our clients. The CARE-O-SENE undertaking can be funded by the German Federal Ministry of Training and Analysis (BMBF) and Sasol.
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Please notice: One billion is outlined as one thousand million. bbl – barrel, bscf – billion customary cubic toes, mmscf – million customary cubic toes, oil references brent crude, mmboe – million barrels oil equal. All references to years discuss with the monetary yr 30 June. Any reference to a calendar yr is prefaced by the phrase “calendar”.
Disclaimer
Sasol Ltd. printed this content material on 08 June 2022 and is solely accountable for the data contained therein. Distributed by Public, unedited and unaltered, on 08 June 2022 09:21:03 UTC.
Publicnow 2022
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Technical evaluation traits SASOL LIMITED
Brief Time period | Mid-Time period | Lengthy Time period | |
Developments | Bullish | Bullish | Bullish |
Earnings Assertion Evolution
Promote Purchase |
|
Imply consensus | BUY |
Variety of Analysts | 9 |
Final Shut Value | 427,81 ZAR |
Common goal worth | 424,78 ZAR |
Unfold / Common Goal | -0,71% |
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