Magazine: 411 Mar-Apr 2024

Sasol and Topsoe have appointed Jan Toschka as CEO of the joint venture established by the two companies to develop, build, own and operate sustainable aviation fuel (SAF) ventures and to market the products. Previously Toschka was president of Global Aviation for Shell, responsible for Shell’s global network of operations, joint ventures and sales of fuels, lubricants and sustainable solutions to the aviation industry. During his tenure at Shell, he has led teams across sales, mergers and acquisitions, trading, and retail businesses globally, spanning various industries including Marine and Retail. Toschka will assume his new role as CEO on 1 March 2024 and the joint venture will be launched during the same month. The new company will be headquartered in The Netherlands.

Already the world’s largest exporter of sulphur, Abu Dhabi continues to expand its sour gas production and sulphur output.

CRU expects sulphur prices to be supressed in early 2024 by high port inventory and limited phosphate export business. However, affordability continues to support raw materials purchases and leaves room for price increases, especially if downstream production picks up as expected and sulphur stock drawdown slows.