5.40000 EUR
0.05
0.93%
Last update Dec 12, 9:05 AM CET
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Day range
5.40000
5.45000
Previous close
5.35000
Open
5.45000
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Sasol Ltd Sponsored ADR
5.40
0.05
0.93%

Overview

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Description

Sasol Ltd Sponsored ADR represents Sasol Limited, a global integrated energy and chemical company based in South Africa, offering investors in the United States an opportunity to participate in its growth and performance through American Depositary Receipts (ADRs). The primary function of Sasol Ltd is to produce synthetic fuels and chemicals, derived from coal and crude oil, to supply energy needs and specialty chemical markets worldwide. Notably, Sasol engages in the mining of coal, oil and gas exploration, and production operations, bolstering various sectors including energy, industrial manufacturing, and consumer products. Sasol’s innovative offerings in polymer production, chemical solutions, and liquid fuels have positioned the company as a significant player in the energy and chemical industries on a global scale. The Sponsored ADR structure allows U.S. investors to gain exposure to Sasol Limited's South African-based business without dealing with direct foreign equity trading, providing a convenient method to diversify their investment portfolios across geographical boundaries.

About

CEO
Mr. Simon Baloyi M.Sc.
Employees
27107
Address
Sasol Place
50 Katherine Street Sandton
Johannesburg, 2196
Phone
27 10 344 9280
Website
Instrument type
American depositary receipt
Sector
Basic Materials
Industry
Specialty Chemicals
Country
Germany
MIC code
XMUN
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