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Sasol CEO Plans 2028 Listing for International Chemicals Business
ByAinvest
Friday, Nov 21, 2025 1:46 am ET1min read
Sasol CEO Simon Baloyi sees the company's international chemicals business potentially listing by 2028, depending on profit growth. The business, which includes the Lake Charles complex in Louisiana, has improved Ebitda to around $400 million, and a listing could happen if earnings reach $800 million to $1 billion and debt is reduced. Baloyi is focusing on reducing net debt and streamlining the chemicals division.
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