US slaps antidumping duties on Sasol

The US government has imposed antidumping duties on acetone from SA, adding to the already extensive woes of oil and chemicals group Sasol.

After an investigation into dumping, the US imposed a 414% duty on SA’s acetone exports. Acetone is used as a solvent in the manufacturing of plastics and synthetic fibres. It thins polyester resin, and is an ingredient in cleaning tools, paints and varnishes.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Bad news doesn't seem to end for Sasol

Ja, choose your friends wisely.

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