South African Lawsuit challenges Sasol’s ethylene monopoly

Sasol coal

Source: © Waldo Swiegers/Bloomberg/Getty Images

Plastics producer Safripol says high prices mean it can’t compete with imported materials

A lawsuit in South Africa accuses petrochemicals giant Sasol of abusing its ethylene supply monopoly. The lawsuit has been brought by KAP Industrial, the parent company of Safripol, South Africa’s biggest plastics manufacturer.