Sasol Limited Integrated Report 2021 - Book - Page 48
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Chemicals Business at a glance
Our unique chemistry portfolio, technology leadership
and well-invested, advantaged global asset base provide
a strong foundation for our transformation into a solutions
provider. Going forward, a clear focus on sustainability,
circularity and specialties will we see more attractive
long-term returns.
Brad Griffith
Executive Vice President: Chemicals
Overview
Strategic positioning
Key features
Strategy
Transforming our business for high-return growth
Chemicals Business
Chemicals Africa
Advanced
Materials
Chemicals America
Base
Chemicals
Our Chemicals Business has a strong, diversified,
global presence that is organised into three
customer-focused regional operating segments
– Africa, America and Eurasia – supporting
four business divisions: Advanced Materials,
Base Chemicals, Essential Care Chemicals and
Performance Solutions.
Our global presence, integrated value chains
and strengthened market positions provide the
foundation for future growth with a specialty
solutions focus where we see more attractive
long-term returns going forward. We already have
a number of differentiated market positions in
specialty and other attractive growth areas. These
include our high-purity aluminas and the broadest
portfolio of integrated alcohols and surfactants in
the world, which are used in cleaning, personal
Contribution to Group’s
external turnover
%
66%
35% Energy
1% E&PI Gas
Essential Care
Chemicals
Chemicals Eurasia
Performance
Solutions
care, cosmetics, pharmaceuticals and a range of
industrial applications. Our global capabilities
have been significantly enhanced through the
additional alcohols, aluminas and ethoxylates
capacity of the Lake Charles Chemicals Project
(LCCP), which leaves Sasol well-placed to benefit
from long-term demand trends in chemistries that
are our core competencies. Likewise, we retain our
exposure to commodity chemicals and associated
economic cycles with our LCCP joint venture and
other Base Chemical assets.
Our revenue drivers include supply and demand
dynamics driven by the macroeconomic
environment, geopolitical risks and/or new
global production capacities. Pricing is linked to
international chemical prices with revenue further
impacted by movements in foreign exchange
rates, especially the rand/US dollar/Euro.
• Align our business with
powerful megatrends
• Transform our portfolio
• Accelerate high-value growth
• Aggressively drive excellence in
all we do
✔
Strengthened market positions
✔ Geographic diversification
✔ Full value chain integration
ccelerated pivot to solutions
✔ A
provider
ynergistic base chemicals
✔ S
partnership
FUTURE SASOL
• Leading positions in Essential
Care Chemicals and Advanced
Materials
• Transformed portfolio weighted
toward specialty chemicals
• Integrated value chains for
high returns
• Unique chemistry enabling
sustainable and circular
solutions
Strategic focus areas
Further extend market-leading positions in Essential
Care and Advanced Materials.
Position the Lake Charles site as a sustainability hub,
leveraging its development-ready land, advantaged
feedstock access and prime transport infrastructure,
along with Sasol’s reputation as a partner of choice in
Southwest Louisiana.
Position Fischer-Tropsch (FT) know-how in Africa for
future sustainability business.
Maximise our competitiveness and asset value with
the Sasol 2.0 transformation programme.
Leverage renewable feedstocks in our Eurasian
assets to enhance our portfolio with lower-carbon,
customisable solutions.
2022 priorities
Safety
Customer experience
Delivery
• Strive for zero harm
• Promote physical, emotional and
mental wellbeing of our workforce
• Create value for our customers
• Advance the customer experience
• Develop a strong innovation pipeline
Building our culture
Sustainability
• Celebrate our successes
• Invest in our people
• Grow diversity, equity and
inclusion
• Become one Chemicals
• Reduce our GHG footprint
• Develop sustainable solutions with
our customers
• Promote product stewardship
• Unlock the full value of Sasol 2.0
transformation programme
• Ramp-up value from LCCP
• Maximise cash generation
• Simplify, standardise, automate
and digitise
Sasol Integrated Report 2021
Approximately 5 000
employees from
56 nationalities
(excluding Chemicals SA Ops)
Achieve full commercial ramp-up of LCCP to deliver
significant value from America operations.
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Presence in
21 countries
7 500
customers in
120 countries
Nine research and
development facilities in
five countries
More than
US$8,5 billion
in annual revenue