South Africa's 'black tech' born from sanctions: turning coal into oil!

Today, let’s talk about something utterly outrageous yet impressively hardcore: South Africa—nearly devoid of oil reserves—managed to turn coal into gasoline amid a global embargo! This move is nothing short of a Hail Mary in the energy world! Hello everyone, I’m Fei Ziyu. First, Part A—the background: a life-saving black-tech breakthrough forced by strangulation. What’s South Africa’s situation? Rich in coal, poor in oil—and so oil-poor it’s literally running on empty! Back then, due to apartheid, the world imposed a full petroleum embargo. Cars couldn’t run; planes couldn’t fly—the entire nation was choked to the brink of suffocation. Most countries would’ve panicked instantly—but South Africa took an unexpectedly brilliant turn: ‘You won’t sell us oil? Fine—we’ll make our own!’ They imported Germany’s Fischer–Tropsch synthesis technology and heavily modified it. In one sentence: crush coal, gasify it, catalyze it—and after a series of intense operations, black coal balls magically transform into crystal-clear gasoline! This isn’t magic—it’s a technological miracle forged when backed into a corner. Now, Part B—the development: scaling up from a backyard workshop to world leader. At first, nobody believed coal could become oil. Yet South Africa founded Sasol and kept refining the process—getting better and better. While others were still tinkering in labs, South Africa had already built factories and launched mass production; while others were still calculating costs, South Africa was already achieving near-half domestic energy self-sufficiency.

Analysis Report on China’s Dichloroisopropyl Ether Market Trends and Outlook: 2023 vs. 2029

5.3.3 LyondellBasell: Sales Volume, Revenue, Pricing, and Gross Margin for Dichloroisopropyl Ether (2019–2022) 5.3.4 LyondellBasell: Company Profile and Core Business Activities 5.3.5 LyondellBasell: Latest Corporate Developments 5.4 Seqens 5.4.1 Seqens: Basic Information, Dichloroisopropyl Ether Production Bases, Sales Regions, Competitors, and Market Position 5.4.2 Seqens: Dichloroisopropyl Ether Product Specifications, Technical Parameters, and Market Applications 5.4.3 Seqens: Sales Volume, Revenue, Pricing, and Gross Margin for Dichloroisopropyl Ether (2019–2022) 5.4.4 Seqens: Company Profile and Core Business Activities 5.4.5 Seqens: Latest Corporate Developments 5.5 TKM Pharma 5.5.1 TKM Pharma: Basic Information, Dichloroisopropyl Ether Production Bases, Sales Regions, Competitors, and Market Position 5.5.2 TKM Pharma: Dichloroisopropyl Ether Product Specifications, Technical Parameters, and Market Applications 5.5.3 TKM Pharma: Sales Volume, Revenue, Pricing, and Gross Margin for Dichloroisopropyl Ether (2019–2022) 5.5.4 TKM Pharma: Company Profile and Core Business Activities 5.5.5 TKM Pharma: Latest Corporate Developments 5.6 INEOS 5.6.1 INEOS: Basic Information, Dichloroisopropyl Ether Production Bases, Sales Regions, Competitors, and Market Position 5.6.2 INEOS: Dichloroisopropyl Ether Product Specifications, Technical Parameters, and Market Applications 5.6.3 INEOS: Sales Volume, Revenue, Pricing, and Gross Margin for Dichloroisopropyl Ether (2019–2022) 5.6.4 INEOS: Company Profile and Core Business Activities 5.6.5 INEOS: Latest Corporate Developments 5.7 Sasol 5.7.1 Sasol: Basic Information, Dichloroisopropyl Ether Production Bases, Sales Regions, Competitors, and Market Position 5.7.2 Sasol: Dichloroisopropyl Ether Product Specifications, Technical Parameters, and Market Applications 5.7.3 Sasol: Sales Volume, Revenue, Pricing, and Gross Margin for Dichloroisopropyl Ether (2019–2022) 5.7.4 Sasol: Company Profile and Core Business Activities 5.7.5 Sasol: Latest Corporate Developments 5.8 Dor Group 5.8.1 Dor Group: Basic Information, Dichloroisopropyl Ether Production Bases, Sales Regions, Competitors, and Market Position 5.8.2 Dor Group: Dichloroisopropyl Ether Product Specifications, Technical Parameters, and Market Applications 5.8.3 Dor Group: Sales Volume, Revenue, Pricing, and Gross Margin for Dichloroisopropyl Ether (2019–2022) 5.8.4 Dor Group: Company Profile and Core Business Activities 5.8.5 Dor Group: Latest Corporate Developments 5.9 Dow Chemical 5.9.1 Dow Chemical: Basic Information, Dichloroisopropyl Ether Production Bases, Sales Regions, Competitors, and Market Position 5.9.2 Dow Chemical: Dichloroisopropyl Ether Product Specifications, Technical Parameters, and Market Applications 5.9.3 Dow Chemical: Sales Volume, Revenue, Pricing, and Gross Margin for Dichloroisopropyl Ether (2019–2022)

Sasol CEO Simon Baloyi Receives Stock Award, Sells Majority Shortly After

Sep 25, 2026

Sasol Ltd CEO Simon Baloyi acquired 5,573 shares via restricted stock units and sold 5,041 shares on September 8, 2026, using proceeds to cover tax obligations.

Stock Titan

2026-09-25

Sasol CEO Simon Baloyi Receives Stock Award, Sells Majority Shortly After

2026-09-25

Sasol CFO Walt Paul Bruns Acquires Shares, Then Sells 7,890 on Vesting

2026-09-25

Sasol CFO Sells $100,203 in Stock

2026-10-01

Sasol CFO Sells 1,798 Shares of Stock

2026-10-01

Sasol CFO Acquires and Sells Shares Following Stock Award Vesting