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28 March 2017 17:42 (South Africa)

Sasol frets about Iran, US

Somebody finally read the 400-plus page standard report that Sasol filed with American regulators on Friday, and found an interesting titbit. Siseko Njobeni reports in Business Day that Sasol cited possible tightening of US sanctions against Iran as a risk factor, because of the company’s existing polymer operations in that country as well as a current feasibility study on another project. Sasol says it has been scrupulous about keeping US employees and subsidiaries isolated from anything related to Iran. No word on whether Sasol again cited black economic empowerment as a risk factor, as it did to such an uproar last time around.

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