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Sasol has been in the synthetic fuels business for over half a century, deriving its initial experience in South Africa when the country was isolated during the apartheid years, and it produced liquid fuels from coal turned to syngas.
FORBES: Sasol's Answer to the Natural Gas Highway: Convert the Fuel
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Our enemies would be denied the geo-strategic leverage they currently enjoy, as indigenously produced energy sources derived from coal, biomass and garbage knock the pegs out from under the cartel's control of the commodity upon which our transportation sector heavily depends.
CENTERFORSECURITYPOLICY: Friends like these
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The produced coal EBITDA margin increased from around 13% in 2006 to 22% in 2008, with increasing global demand for coal resulting in higher profit margins for coal producers like Massey.
FORBES: Somebody Will End Up Overpaying For Massey Energy