The petrochemical group says 'unprecedented low oil prices' and impairments of R111.6 billion resulted in a loss of R91.3 billion.The group expects global oil prices to remain low for up to 18 months. The company's total debt has increased to R189.7 billion.Sasol has ended a turbulent year with a loss of R91.3 billion.The petrochemical group's year…
Sasol has sent a letter to employees warning of upcoming jobs cuts.The petrochemicals company says it is under severe financial pressure and won't survive the crisis unless stringent actions are taken.The group's bottom line has been hammered by a plunge in global oil prices. Sasol will begin dismissing employees from mid-August as part of a cost…
Sasol se logo buite die maatskappy se kantore in Johannesburg. Foto: Nadine Hutton, Bloomberg Sasol [JSE: SOL] has received offers from firms including Ineos Group for a large stake in a US chemical complex it is selling to shore up its finances, according to people familiar with the matter.Chevron Phillips Chemical and LyondellBasell Industries are…
The Food and Drug Administration has updated its list of cinnamon products with dangerously high levels of lead, bringing the total to 21. The alert now includes Wise Wife brand ground cinnamon from SLR Food Distribution Inc., of Hicksville, NY. The Connecticut Agricultural Experiment Station, Department of Analytical Chemistry collected and analyzed samples of this
(Oona Zenda/KFF Health News) As Grace Griffin and her husband were welcoming their long-awaited baby — a daughter — Griffin found herself worried about looming medical bills and unsure if their family could pay for the care they needed. “This whole experience has me wondering (keeping me up at night, actually): Can we ever afford
LYON, France — Halving the dose of antenatal betamethasone given to prevent severe respiratory distress syndrome (RDS) in infants does not appear to affect later intelligence quotient (IQ) scores or other measures of neurodevelopment, suggests a follow-up study of a randomized trial. However, it is unclear from the present data, presented at the Congress of