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Sasol plans second Methyl Isobutylketone (MiBK) plant to meet growing global demand

Published on 2005-12-19. Author : SpecialChem

Sasol announced the commencement of the front-end engineering and design phase for construction of a second Methyl Isobutylketone (MiBK) production plant with a capacity of 30 000 tons per annum at Sasolburg, South Africa, to meet growing global demand.

MiBK is an excellent solvent for resins used in the production of surface coatings. It is also widely used in rubber chemicals for the production of vehicle tyres, as a solvent in the production of pharmaceuticals and adhesives, and for specialised metallurgical extraction. Demand for MiBK globally is estimated to exceed 300 000 tons per year.

"This new Sasol Solvents plant will double our MiBK output to almost 60 000 tons. Planned to come on stream early in 2008, it will significantly enhance our ability to support a growing customer base worldwide", says Sasol CE Pat Davies.

In keeping with Sasol's value of continuous improvement, the new plant will include important technical enhancements over the existing plant, which started production in 1995.

Sasol Solvents, a division of Sasol Limited, is a leading producer of a broad range of solvents including acetone, Methyl ethyl ketone, MiBK, Isopropyl alcohol, ethanol, butanol and ethyl acetate. All are widely used in the coatings industry.

Sasol may, in this document, make statements that are not historical facts and relate to analyses and other information based on forecasts of future results and estimates of amounts not yet determinable. These are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "believe", "anticipate", "expect", "intend", "seek", "will", "plan", "could", "may", "endeavor" and "project" and similar expressions are intended to identify such forward-looking statements, but are not the exclusive means of identifying such statements.

By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that predictions, forecasts, projections and other forward-looking statements will not be achieved. If one or more of these risks materialize, or should underlying assumptions prove incorrect, actual results may be very different from those anticipated. The factors that could cause our actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements are discussed more fully in our registration statement under the Securities Exchange Act of 1934 on Form 20-F filed on October 29, 2004 and in other filings with the United States Securities and Exchange Commission. Forward-looking statements apply only as of the date on which they are made, and we do not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise.

Source: Sasol


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