in this issue
Regions :: Africa :: South Africa
Total sells South African coal mining assets
July 28, 2014 | Natasha Alperowicz
Total announced today that it has signed an agreement with Exxaro Resources (Pretoria) to sell its 100% stake in Total Coal South Africa (TCSA), its coal-producing affiliate in South Africa, for $472 million. The sale is subject South African authorities' approval. “This sale is part of the group’s 2012–14 asset sale program and is in line with Total’s objectives to focus on its core activities and to actively manage its portfolio,” says Philippe Sauquet, president/gas and power at Total. “While Total has made the necessary...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee