| BUSINESS STRATEGY |
Sasol begins restructuring South Africa's Sasol, which earlier announced it would restructure its chemicals portfolio, has taken its first step in the process, with discussions regarding its Dutch-based Sasol Servo business. The company says that a recent strategy review within its olefins and surfactants division has concluded "that there is limited market overlap and therefore business synergy" between Servo, which makes and markets specialty surfactants and chemicals, and its core businesses. Sasol hopes to enter a second and final phase of discussions for the sale of Servo by the end of its current financial year, which is June 30, 2004. |
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