Sasol Olefins & Surfactants GmbH Plans to Enter Russian Market

27-Jun-2005

"Nizhnekamskneftekhim" Inc. of the Russian Federation and "Sasol olefins & Surfactants GmbH" company signed a Letter of Intent to conduct feasibility studies for possible future cooperation between the two companies. The Letter of Intent specifies a timeframe and actions for the two companies to investigate cooperation in production and marketing of products to be used in the manufacture of detergents and personal care products in the Russian Federation. The companies expect the feasibility studies to be completed by September 2005.

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