The Competition Tribunal has approved JSE-listed petrochemicals group Sasol’s intended sale of 16 air separation units (ASUs), in Secunda, to Air Liquide Large Industries South Africa, which designed and installed the plants alongside Sasol over the years. The tribunal had carefully considered factors relating to the future ownership of the units, including the companies’ joint procurement of renewable power of up to 900 MW, decarbonisation investments by Air Liquide and that there would be no negative impacts on employment.
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