As a result of its coal troubles, which impacts both Sasol's fuel and chemicals business in South Africa, the synthetic fuels and chemicals group has warned that its production will be lower than anticipated.
Secunda Operations' production volumes are now expected to be between 6.6 million tonnes and 6.9 million tonnes, down from previous guidance of between 7 million and 7.2 million tonnes. Liquid fuels sales volumes are also projected to be between 52 million and 55 million barrels, compared with previous guidance of 53 million and 56 million barrels.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
_Business The good quality is being sold to China The shit coal goes to Eskom Remind me who's selling coal to China....
_Business Coal purchases from where? King Charlie , Ramaphosie and New World Order wants our own coal mines shut down. Let Rampies explain what was discussed in Europe and what he was paid to do.Prove me wrong.
_Business One MUST ask WHY is the coal mined of such low quality? Is it because they are mining too much of the surrounding rock being excavated simultaneously, and then there is then no selection process being implemented?
_Business All you know is billions
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sasol expects earnings to rise over 20%, but issues weaker outlook.SasolSA expects earnings to rise over 20% for the first half of its 2023 financial year, lifted by a mix of factors including the higher Brent crude oil price and a relatively weaker rand/US dollar exchange rate Moneyweb SasolEarnings NtandoThukwana
Source: Moneyweb - 🏆 5. / 77 Read more »
Could KZN cane growers’ plan to save the industry work?It's been described as viable and ‘having merit’ – but the business of extracting businesses from a business that is in business rescue is likely to be quite complex.
Source: Moneyweb - 🏆 5. / 77 Read more »
Can KZN cane growers’ plan to save the industry work? | The CitizenIn a race against time to save the sugar industry from disaster, cane growers in KwaZulu-Natal have formed a consortium and submitted a proposal to the business rescue practitioners. Click here 📰
Source: TheCitizen_News - 🏆 6. / 75 Read more »
Business Maverick: The knock-on effect of inflation and interest rates in our daily livesInflation and interest rates have been the economic buzzwords for 2022 as central banks worldwide have stepped in to tackle rising inflation in the aftermath of the Covid-19 pandemic.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Bankman-Fried denies trying to commit fraud at fallen FTX empireMystery continues to shroud the missing billions at bankrupt crypto exchange FTX after its disgraced founder Sam Bankman-Fried denied trying to perpetrate a fraud while admitting to grievous managerial errors.
Source: dailymaverick - 🏆 3. / 84 Read more »
EFF: Ramaphosa forfeited right to be president when he conducted business like 'the mafia' | The CitizenThe EFF has vowed not to let Cyril Ramaphosa address any platform as the state President, because he 'forfeited that privilege when he decided to be a mafia and a gangster.' Full story here📱 🤫🤫🤫🤫🤫🤫🤫🤫😝😝😝😝😝👎👎👎👎👎 Fokof, eff. Nobody cares about you right now. Those who live in glass houses should not throw Stones
Source: TheCitizen_News - 🏆 6. / 75 Read more »