Sasol has short-listed three bidders for its Olefins & Surfactants (O&S) chemicals unit it plans to sell by the end of this year. Most of Sasol O&S units are located in Europe and the United States. All three bidders are from outside South Africa, including companies and private equity firms.
In 2001, Sasol bought the chemical business then known as Condea from Germany's RWE Dea for 1.3 billion euros. Sasol Olefins & Surfactants (O&S) is a fully integrated manufacturer and marketer of a diverse range of commodity and specialty products including Alcohols, LAB, paraffins, surfactants, ethylene, high purity alumina and zeolites.
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