South Africa's Sasol warns of impact on Q4 volume due to floods

South Africa's Sasol warns of impact on Q4 volume due to floods
Sasol Image Credit: Wikimedia
  • Country:
  • South Africa

South Africa's Sasol Ltd said on Monday it has declared force majeure on the export of certain chemical products due to the impact of heavy rainfall and floods in KwaZulu-Natal province, possibly impacting its fourth-quarter volume outlook.

"Sasol is continuing to manage the consequences of the heavy rainfall and accompanying floods experienced in KwaZulu-Natal and assess the impact on the business," the petrochemicals group said in a statement.

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