Word: sasolburg
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Dates: during 1979-1979
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...labyrinth of pipes and valves, tanks and towers rises above the flat bushveld 60 miles north of Johannesburg. At night chimneys spew a gas that casts an eerie orange glow over the surrounding expanse of coal fields. Downwind from the plant, 35,000 people live in Sasolburg, a city of green lawns and broad highways. Their job: to produce Sasol, a synthetic oil made from coal...
...just over $2 per gal. of gas, began showing a profit in 1973 and last year had pretax profits of $140 million on sales that totaled close to $ 1 billion. Although environmentalists were alarmed at the potential damage -indeed, smoke often hangs like a gray curtain for days over Sasolburg-people are now prepared to accept the air pollution at the remote site. Says former SASOL Chairman Pierre Etienne Rousseau: "The oil supply situation shocked many of us into a new sense of reality...