JOHANNESBURG, South Africa, Oct. 3 /PRNewswire-FirstCall/ -- This week, the European Union found that members of the European paraffin wax industry, including Sasol Wax GmbH, formed a cartel and violated competition law. "We regret that this has occurred in one of Sasol's subsidiaries and that our due diligence and compliance programmes failed to identify this anti-competitive behaviour, when we acquired the business 13 years ago and thereafter," said Sasol chief executive, Pat Davies. "Sasol is a successful business that is built on a foundation of over 30,000 committed and responsible employees. The past actions of but a few former employees has resulted in serious damage to our company's reputation and that affects each one of us," he said. Sasol's management, including the Sasol directors of the Schumann-Sasol joint...
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