Sasol to sell interest in US chemical group for $404 million to pay down debt – News24

The petrochemical group has said it is looking to sell assets to pay off debt and sharpen its strategic focus.

Sasol announced on Tuesday that it had agreed to sell its 50% interest in its US-based Gemini high-density polyethylene joint venture to its partner INEOS for US$404 million (R6.2 billion at current …

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