Reuters: South African petrochemicals group Sasol said on Monday it had disposed of its Iranian joint-venture Arya Sasol Polymer for an undisclosed sum. The company has said the value of Sasol’s investment in Arya was written down to 2.3 billion rand, according to an August 1 trading statement. JOHANNESBURG (Reuters) – South African petrochemicals group Sasol said on Monday it had disposed of its Iranian joint-venture Arya Sasol Polymer for an undisclosed sum.
Sasol said in a statement this meant it no longer had any “on-going investment in Iran.” The company has said the value of Sasol’s investment in Arya was written down to 2.3 billion rand, according to an August 1 trading statement.
