of a settlement agreement with the Competition Commission of South Africa for alleged price fixing, in which a competitor alleged that Sasol was abusing its dominance in the markets for fertilisers by charging excessive prices for certain products. Sasol won an appeal on the case and will not be paying the settlement anymore. Sasol also had to pay a €318 million fine to the European Commission (EC) in 2008, which is about R3.7 billion, for participating in a paraffin wax cartel. Despite its indication that it would appeal the fine amount, the full amount had to be paid to the EC within three months of the fine being issued. Sasol has been levied with a R1.2bn tax provision by the Tax Court on 30 June 2017 on the back of its international crude oil purchases between 2005 and 2012. In its 2017 financial results announced on 21 August 2017, the chemical conglomerate agreed upon footing the R1.2bn tax liability. If the court's interpretation is implemented for the following 2 years - 2013 and 2014, Sasol Oil's crude purchases could result in a further tax exposure of R11.6bn, thus summing up a total tax figure up to R12.8bn. A further controversy was when Sasol was forced to step back from the use of ‘100’ in its branding on its petrol pumps, and in its marketing material - the ‘100’ was an oblique hint to 100-cctane, which was tested by UK Authorities, found to be not true, and pressure was bought to bear on Sasol to drop references to the ‘100’ (cctane...). See also List of petroleum companies Fischer–Tropsch process Coal gasification commercialization References External links Sasol Official website How Nazi Germany and apartheid South Africa perfected one of the world's most exciting new fuel sources. Slate Magazine Google Maps view of Sasol's Secunda plant SciFest Africa, part of Sasol's investment in science education in South Africa Sasol suffers shareholder fury at AGM over e318m EU fine Activist shareholder turns the screws on Sasol Fury at Sasol's AGM over price-fixing fine Greenpeace Sues Sasol for Corporate Espionage – video report by Democracy Now! 1950 establishments in South Africa Coal companies of South Africa Companies based in Sandton Chemical companies established in 1950 Companies listed on the New York Stock Exchange Companies listed on the Johannesburg Stock Exchange Oil and gas companies of South Africa Synthetic fuel companies Chemical companies of South Africa