Sasol’s sale of 16 air separation units (ASUs), located in Secunda, South Africa, to Air Liquide has been approved by the Competition Tribunal.
Confirming the news on Monday (14th June), the duo said the approval was received subject to various conditions relating to future ownership of the ASUs.
Such conditions include joint procurement of renewable power up to 900MW, decarbonisation investments by Air Liquide and adhering to various commitments on Broad-Based Black Economic Empowerment.
The above will be in addition to offered support for localisation and small, medium, micro and black owned enterprises.
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