/ 14 March 1999

SASOL DENIES AECI BID

SYNTHETIC fuel group Sasol said on Thursday it is not considering launching a new bid for chemicals group AECI, as reported in Business Day. “Sasol places on record that it is not considering a new bid for AECI. Sasol is also not considering securing an interest in AEL (AECI’s explosives arm),” the company said in a statement. An AECI statement also said there have been no new advances for the company from Sasol.