14.06.2007
Sasol Wax is the world's leading producer and marketer of synthetic and petroleum derived waxes, with production facilities in South Africa and Europe. The waxes, which are manufactured via the Fischer-Tropsch process, are used in a wide variety of specialised applications including hot-melt adhesives, polymers, inks and high performance bitumen modifiers.
"Sasol Wax is substantially expanding production in South Africa to take advantage of growth in international wax markets," says the MD of Sasol Wax, Johan du Preez.
The project will be implemented in phases in line with the projected growth in key markets. The first phase will come into operation in 2010, with the second phase expected to be completed in 2013. The project will cover the full range of products from medium melt candle waxes to ultra-hard waxes for speciality applications.
"This investment is in line with Sasol's strategy to leverage our technological advantage, utilising our Fischer-Tropsch technology," says Sasol GM for the chemical cluster Reiner Groh.
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