Sasol Limited is a global integrated energy and chemical company that operates across the entire value chain, from upstream mining and gas production to downstream refining and chemical manufacturing. The company's business model is built around its proprietary coal-to-liquids (CTL) and gas-to-liquids (GTL) Fischer-Tropsch technologies, which it uses to produce synthetic fuels, electricity, and a diverse portfolio of chemicals. Sasol's operations are divided into two main segments: Chemicals and Energy. The Chemicals segment, which accounts for approximately 55% of the company's revenue, produces a wide range of diversified chemicals including polymers, solvents, surfactants, waxes, and advanced materials, serving industries such as agriculture, packaging, pharmaceuticals, and personal care. The Energy segment (approximately 45% of revenue) encompasses the company's coal mining operations in South Africa, gas exploration and production in Mozambique, and the refining and marketing of liquid fuels and lubricants. Geographically, while South Africa remains its primary operational base and revenue generator, Sasol has a significant international footprint with major chemical facilities in the United States (such as the Lake Charles Chemicals Project) and Europe. The company's competitive position is anchored by its unique technological expertise in synthetic fuels and its highly integrated value chain, though it faces ongoing challenges related to its carbon-intensive coal operations and the global transition toward lower-carbon energy sources.