IHS Chemical Week

Markets :: Basic Chemicals :: Petrochemicals :: Propylene

South Africa penalizes Sasol $50 million for overcharging for propylene, PP

4:36 AM MDT | June 5, 2014 | Natasha Alperowicz

The Competition Tribunal of South Africa today imposed a combined 534-million South African rand ($49.9 million) penalty for excessive pricing of propylene and polypropylene (PP) from January 2004 to December 2007. The tribunal has found Sasol Chemical Industries (SCI; Johannesburg), a subsidiary of Sasol, guilty of charging domestic customers excessive prices for purified propylene and PP and has imposed a penalty of R205.2 million in the case of propylene and R328.2 million for PP.   The tribunal has also imposed remedies in respect of SCI’s...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa