CHEMICALS group AECI Ltd said on Tuesday that it plans to devote some of the money from the sale of a stake in another chemical company to cutting debt and may also make a payment to shareholders. AECI announced on Monday that it will be paid R2,13-billion for its 40% stake in monomer and polymer producer Polifin to a unit of domestic fuel-from-coal producer Sasol Ltd. Neale Axelson, an executive director of AECI, said that AECI’s debt stood at R1,7-billion on June 30.