Sasol To Sell Nitrates Business To Enaex Africa, Retaining 23% Stake
September 11, 2026
Sasol entered into an agreement to sell its Nitrates business to Enaex Africa, as part of its portfolio optimization strategy. The transaction includes the primary ammonia conversion plants in Secunda and Sasolburg, and Sasol will retain a 23% interest in the resulting joint venture.
- Buyers
- Enaex Africa
- Targets
- Sasol Nitrates business (ammonia conversion plants in Secunda and Sasolburg)
- Sellers
- Sasol
- Industry
- Energy
- Location
- South Africa
- Transaction Type
- Divestiture
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