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Sasol declares force majeure because of KZN floods

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The company expects sales to be affected by how long it will take to recover and restore key infrastructure and utilities 🔒

Chemicals and energy group Sasol is expecting lower shipments and production between April and June as the extensive damage caused by floods in KwaZulu-Natal has halted the export of certain chemical products and damaged the company’s infrastructure.

Sasol said on Monday in a production and sales update for the nine months endedMarch that it has declared a force majeure...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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