Petroleum Africa
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Thursday, April 4, 2013
South African petrochemical giant Sasol’s subsidiary Sasol Olefins & Surfactants (Sasol O&S) has sold the entire share capital of G.D. Portbury Ltd. (Sasol Gulf) to Anichem FZC in Dubai (UAE). This deal was effective March 31.
SasolGulf, a subsidiary of Sasol Italy which is part of Sasol O&S, produces 15,000 tons of Linear Alkylbenzene Sulfonate annually at its facility in Dubai. The product which is used as a primary cleaning agent in many laundry detergents and cleaners is sold into the regional market.
The sale allows Sasol O&S to strengthen the focus on its strategy, the company said. Anichem FZC, a member of the Al Nahda International Group, agreed to maintain the existing SasolGulf facility and retain the staff employed.
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