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Sasol to sell 16 air separation units to Air Liquide for about $515 mln

Credit: REUTERS/© Siphiwe Sibeko / Reuters

South Africa's Sasol on Wednesday said it would sell 16 air separation units in Secunda to Air Liquide for about 8.5 billion rand ($515.48 million).

July 29 (Reuters) - South Africa's Sasol SOLJ.J on Wednesday said it would sell 16 air separation units in Secunda to Air Liquide AIRP.PA for about 8.5 billion rand ($515.48 million).

Sasol South Africa (SSA) will sell the air separation units, which have a capacity of up to 42,000 tonnes per day, to Air Liquide Large Industries South Africa Proprietary Ltd.

Air Liquide will supply gases to SSA's operations under a long-term gas supply agreement.

($1 = 16.4895 rand)

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Bernard Orr)

((abyjose.koilparambil@thomsonreuters.com; +91 80 61822683))

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