Go Back Email this Link to a friend

Sasol Limited - Sasols Chemicals Subsidiary To Appeal Decision Of The Competition Tribunal On Polymer Pricing

Release Date: 26/06/2014 17:17:00      Code(s): SOL SOLBE1     
Sasol Limited
(Incorporated in the Republic of South Africa)
(Registration number 1979/003231/06)
Sasol Ordinary Share codes:     JSE: SOL       NYSE: SSL
Sasol Ordinary ISIN codes:      ZAE000006896 US8038663006
Sasol BEE Ordinary Share code: JSE: SOLBE1
Sasol BEE Ordinary ISIN code:   ZAE000151817

SASOL?S CHEMICALS SUBSIDIARY TO APPEAL DECISION OF THE COMPETITION TRIBUNAL
ON POLYMER PRICING

As previously reported, on 5 June, 2014, the Competition Tribunal (?the
Tribunal?) released its decision in respect of Sasol Chemical Industries
(Pty) Limited (previously Sasol Chemical Industries Limited?s) (?SCI?)
pricing of propylene and polypropylene. This matter has its origin in the
investigation into the South African polymer industry that was initiated in
2007 by the Competition Commission.

In its decision, the Tribunal found against SCI in relation to its pricing
of both propylene and polypropylene, for the period January 2004 to December
2007. After a review of the Tribunal?s findings, SCI has decided to lodge an
appeal against the decision with the South African Competition Appeal Court
(?CAC?). The notice of appeal will be filed with the CAC on 27 June 2014.

26 June 2014
Johannesburg

Sponsor: Deutsche Securities (SA) Proprietary Limited

Date: 26/06/2014 05:17:00 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             . The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.


                                        
Email this JSE Sens Item to a Friend.

Send e-mail to
© 2017 SHARENET (PTY) Ltd, Cape Town, South Africa
Home     Terms & conditions    Privacy Policy
    Security Notice    Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.