investor site visits overview presentation 1 and 2 November 2012 Rosebank, South Africa better together we deliver JSE: SOL NYSE: SSL
introduction David E. Constable chief executive officer better together we deliver JSE: SOL NYSE: SSL
what you will hear today key messages Continue to nurture and grow our home base Enhance our operational performance Improve efficiencies and yields in our South African chemicals business Step up focus on cost optimisation Remain…
our strategic agenda to focus the organisation Foundation Sustainable growth Definition of victory Accelerate GTL growth, consider selective CTL Develop and empower Operations high-performing, values- growth Excellence driven…
enhancing our South African businesses a solid foundation Continue to deliver strong cash flows Enhance reliability, stability and maintainability Secure feedstocks to ensure energy security Step up cost optimisation Attract,…
developing our South African opportunities Feasibility FEED/EPC Accelerate GTL, Canada GTL Uzbekistan GTL consider selective CTL US GTL Escravos GTL growth Grow chemicals based Integrated US chemicals Tetramerisation on…
maintaining our compelling investment proposition Solid Attractive Leading foundation business growth strategy shareholder returns ORYX GTL flagship Growing demand for Solid balance sheet energy security and underpins growth…
Introduction to the South African energy value chain Bernard Klingenberg group executive, South African Energy better together we deliver JSE: SOL NYSE: SSL
our integrated business model Sasols integrated value chain, largely in our South African operations, aligns our diverse and interdependent businesses Crude oil open market purchases Fuel Refining and components blending…
our petroleum products integrated marketing value chain Source Manufacture and blend Move to store and deliver Market and sell Sourcing Refining Tankage Wholesale marketing Synfuels components Primary and secondary Wholesale…
the gas value chain better together we deliver 12
growing piped gas market presents opportunities GJ'm 160 We supply gas to over 550 customers through our transmission and distribution network 120 Internal Sasol customers External customers include reseller, traders and…
where we stand today: Synfuels Large integrated synthetic fuels petrochemical complex produce synthetic fuels and chemicals from coal and gas Solid Highly cash generative asset foundation Safer, reliable and predictable operations…
Synfuels 10 year production profile 2005/2006: project Turbo commissioned 7 535 7 379 7 168 Mtpa 6% 2% 2% 8% 8% 2006: Superflex Catalytic Cracker (SCC) 6% first operated and then taken offline 17% 14% 23% 2007: cold section…
world class operations improved asset performance Sustained profitability Stable and reliable operations across the value chain through the implementation of an operations excellence approach suitable for site manufacturing…
Secunda operations - Sasol Synfuels Stephan Schoeman managing director at Sasol Synfuels better together we deliver JSE: SOL NYSE: SSL
Sasol group strategic agenda Foundation Sustainable growth Definition of victory Operations Accelerate GTL, Develop and empower Excellence focused CTL growth high-performing, values-driven people Grow related upstream Group…
asset performance improvement initiatives yielding results Safer, reliable and predictable operations from operations excellence initiatives Improvement in asset performance through improved maintenance philosophies: Maintaining…
incidents addressed plant performing well Corrective measures implemented as a result of learnings derived from the investigations: Increased focus on preventive maintenance More process engineering support to operations, where…
sustaining our operations plant performing well The Selective Catalytic Cracker (SCC) - improvement in reliability and availability from 40% on start up to 89% in FY12 Catalyst change to a more robust type of catalyst Refractory…
growing our operations Sasol natural gas growth programme, Secunda First phase, grow the Sasol Synfuels baseline by 3% based on natural gas from Mozambique Approved project cost R13,2bn for capital and feasibility funds Expected…
electricity generation in Secunda energy efficiencies being achieved Current electricity generated by Steam turbine generators with installed capacity of 600 MW Open cycle gas turbines with installed capacity of 200 MW Heat…
Secunda site visit programme what you will see Start at the end where coal comes in and drive through to the front refinery and chemical plants Specific focus will be given to: Gas Turbines Additional Gasifier 17th Reformer 16th…
Introduction to the South African chemicals value chain Andr de Ruyter senior group executive, global chemicals and North American operations better together we deliver JSE: SOL NYSE: SSL
Sasol group strategic agenda Foundation Sustainable growth Definition of victory Operations Accelerate GTL, Develop and empower Excellence focused CTL growth high-performing, values-driven people Grow related upstream Group…
our integrated business model Sasols integrated value chain, largely in our South African operations, aligns our diverse and interdependent businesses Crude oil open market purchases Fuel Refining and components blending…
challenging market conditions for chemicals soft conditions expected to continue Lower demand in downstream markets due to weaker consumer confidence and a slowdown in major economies Lower product prices and higher feedstock costs…
Sasols response working for sustainable profitability Proven track record of business turnaround Cost reductions at all chemical businesses: BU incentive scheme target for own cash fixed costs at PPI - 2% Buy better, make better and…
future focus Operations Growth pillars to ensure optimisation sustainable competitive advantage 1 2 3 4 Compelling Ensure all Technology Market feedstock assets perform advantage position advantage Portfolio Integrated…
South African chemicals operations Adriaan Janse van Rensburg general manager at Sasol Polymers better together we deliver JSE: SOL NYSE: SSL
operations improvement interventions yielding results Process safety Technical Asset People management competency management Excellent operations Systems and Shutdowns Operations Technical processes The recordable case…
our asset management model Design Licensor PSI OEM standards standards standards standards Existing Equipment Products to Customers Asset Management New Standards Equipment Operate assets Raw materials, Parts, Services…
SA Polymers business under severe pressure Sasols South African polymer business is disadvantaged from its global peers Sasol Polymers ethylene cash cost of production compared to leader regional producers better together we…
managing levers within our control showing results Achieved positive variable gross margin and a number of production records Performance improvement interventions embarked on during the year resulted in improved safety and plant…
growing our chemicals operations Project Rationale BO date (CY) Impact FT Wax Expansion Project Expansion Phase 1, 2013 110 kt/a additional wax (FTWEP) Phase 2, 2015 Sasolburg Utilities Expansion Support Sasolburg 2012 - 2013 for…
Sasolburg site visit programme what you will see Start at the Sasol 1 site, where it all began Specific focus will be given to construction sites: FTWEP EPU5 SUEP Drive through the Midlands site to visit polymer and solvents…
investor site visits Sasolburg visit 1 November 2012 Sasolburg, South Africa better together we deliver JSE: SOL NYSE: SSL
welcome and overview of Sasolburg sites Louis Fourie managing director at Sasol Infrachem better together we deliver JSE: SOL NYSE: SSL
the beginning of the Sasol story 1927, a White Paper was tabled in the South African Parliament Overseas oil from coal processes and their potential for South Africa 1950, government appoints a committee to investigate the…
1954: the Sasol One site operational better together we deliver 42
our Sasol One site integrated value chain Monomers: Mining Sasol Wax: Ethane and ethylene MIBK Methanol Hard and medium wax Chemicals Solvents: FT paraffins Acetone, sabutol and Sasol Solvents: other solvents Ammonia Nitric acid…
utility supply for growing site operations Sasol One Site Expansion Programme at a cost of approximately R12bn as at 30 June 2012 Growth projects, FTWEP and EPU5 that will grow wax and polymer volumes Utility support for growth…
Sasolburg electricity generation 140 MW Sasolburg gas engine power plant, convert natural gas from Mozambique to electricity Approved capital cost of R1,9bn as at 30 June 2012 Construction started end of CY2011, construction is…
we make positive contributions in our communities Sasol has invested in Sasolburg communities for many years We continue to do so through different initiatives in our capacity as social partner and key stakeholder Our goals are:…
Sasol Wax FTWEP project Thomas Luedemann managing director at Sasol Wax better together we deliver JSE: SOL NYSE: SSL
Fischer-Tropsch wax expansion project Double hard wax production in Sasolburg 30 June 2012, capital of R8,4bn approved and R6,01bn contracted Project rationale: Growing global FT hard wax demand, there are no substitutes FT hard wax…
Fischer-Tropsch wax expansion project Replace outdated fixed bed capacity while capitalising on the improved efficiency of the slurry bed capacity Phase 1 new catalyst plant 50 000 tons/a new FT slurry bed reactor expand wax…
emerging market growth and FT hard wax unique properties drive demand Adhesives consumption Forecasted growth Adhesives use per capita (kg) Source: Dow Chemicals Adhesive industry has shifted to an elastomer produced by a new…
industry structural changes and product innovation results in demand growth PVC regulations Asphalt Industry PVC pipes and lead Using Sasobit in the laying of asphalt A new generation of lead-free stabilisers based The use of…
our competitive advantage in FT hard wax Only two suppliers of hard wax Sasol Wax produces 20 grades of hard wax, the value addition attracts a premium Sasol Wax is well positioned to enter and capture new and high value markets…
project schedule delayed Brownfield site construction challenges and contractor low labour productivity Measures to address schedule delays: Measures to bridge supply delays: Overstaff where possible and use of Improved catalyst…
Sasol Polymers EPU5 Bava Pillay manager at Sasol Polymers better together we deliver JSE: SOL NYSE: SSL
ethylene purification (EPU5) project Will deliver 48 000 tons per annum of additional ethylene once the C2+ recovery at Sasol Synfuels is fully operational (2HY13) Capital of R1 912 million was approved, March 2010 Currently well…
EPU5 current progress The project schedule has been negatively impacted by plant material quality problems All problems were identified and are being addressed Construction is delayed by an estimated 9 months The revamp scope is…
investor site visits Secunda visit 2 November 2012 Secunda, South Africa better together we deliver JSE: SOL NYSE: SSL
welcome and overview of Sasolburg sites Rajaram Dayanand general manager at Sasol Synfuels better together we deliver JSE: SOL NYSE: SSL
Secunda overview better together we deliver 61
Sasols natural gas growth programme Rajaram Dayanand general manager at Sasol Synfuels better together we deliver JSE: SOL NYSE: SSL
Sasol natural gas growth programme, phase 1a Will realise a 3% increase in Sasol Synfuels FT production volumes by end CY14 An additional 270 MW electricity generation capacity operational Includes the construction and revamping of…
new installed equipment assisted in improving plant efficiencies, 2H12 16th Oxygen Train: installed in 2011, running well and has enabled an increase in oxygen production capacity 10th SAS reactor: meant to produce the necessary…
growth projects going forward The next major project is the commissioning of the GHHERs SGP 1A volume growth is mainly driven by the GHHER project 50% of GHHER installed capacity forecast by Dec 2012 and a further 50% end FY13…
Sasol Polymers C3 stabilisation Bava Pillay manager at Sasol Polymers better together we deliver JSE: SOL NYSE: SSL
C3 stabilisation project Increase propylene extraction by 58 000 tons (85% extraction) Capital of R1 253 million approved in March 2012 Project benefits: Significantly reduces flaring losses Assists in stabilising the propylene…
C3 stabilisation: current progress Vessel procurement awarded to HydraArc, November 2011 Being fabricated at HydraArcs Sky Hill facility in Secunda, currently ahead of schedule EPCm contract awarded to Foster Wheeler South Africa,…
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