Sasol, IDC team up to stimulate South Africa’s green-hydrogen industry

JSE-listed Sasol and the State-owned Industrial Development Corporation (IDC) have signed a memorandum of cooperation to jointly advance South Africa’s green-hydrogen economy. In a joint statement, the two companies said the memorandum recognised that South Africa was in a unique position to leverage its world-class renewable resources and Sasol’s Fischer-Tropsch technology and skills to position the country as a global hydrogen leader.