LAKE CHARLES, Louisiana,
June 3, 2019 /CNW/ -- Sasol today
announced beneficial operation of its new ethylene oxide (EO)
production facility at its Lake Charles Chemicals Project (LCCP).
As announced on 22 May 2019, Sasol
achieved beneficial operation of the ethylene glycol (EG) facility.
The combined ethylene oxide/ethylene glycol (EO/EG) unit is the
second of the seven LCCP production facilities to come online.
"The LCCP continues to transform North
America into a major part of Sasol's global business,
delivering value for all Sasol's stakeholders," said Bernard Klingenberg, Executive Vice President
for Operations. "Our team of Sasol employees, contractors and
industry partners continues to deliver the LCCP with the start-up
of our second process unit."
He added, "We are working diligently to deliver the remaining
five LCCP manufacturing units throughout 2019 and early 2020."
"Ethylene oxide production plays an important role in our
alcohol and surfactants growth strategy," said Fleetwood Grobler, Executive Vice President for
Chemicals Business. "The startup of this unit allows Sasol to be
fully integrated from ethane to ethylene to alcohols to surfactants
at our Lake Charles site. It also
enables us to produce ethylene glycols using our world-class
manufacturing capability and leveraging the expertise and global
reach of our marketing partner Helm AG. Together these products
will create significant value for our customers."
The unit, which uses Scientific Design technology, has a
nameplate capacity of 300,000 tons per year (300 ktpa) of ethylene
oxide (EO). EO is used as a raw material to produce two main
products: surfactants, which are the active ingredient in many
household and industrial cleaners; and ethylene glycols, which are
used to make polyester fiber for clothes, upholstery and carpet, as
well as automotive engine antifreeze and coolant.
The EO/EG plant will also supply ethylene oxide as a feedstock
for Sasol's existing 130 ktpa Lake
Charles ethoxylates (ETO) unit, as well as the new 100 ktpa
LCCP ETO plant under construction. Beneficial operation of this
unit is expected by the end of calendar year 2019.
About Sasol:
Sasol is a global integrated chemicals and energy company.
Through our talented people, we safely and sustainably create
superior value for our customers, shareholders and other
stakeholders. We integrated sophisticated technologies in
world-scale operating facilities to produce and commercialise
commodity and specialised chemicals, gaseous and liquid fuels, and
lower-carbon electricity.
Forward looking statement:
Sasol may, in this document, make certain statements that are
not historical facts and relate to analyses and other information
which are based on forecasts of future results and estimates of
amounts not yet determinable. These statements may also relate to
our future prospects, developments and business strategies.
Examples of such forward-looking statements include, but are not
limited to, statements regarding exchange rate fluctuations, volume
growth, increases in market share, total shareholder return,
executing our growth projects (including LCCP), oil and gas
reserves, cost reductions, our Continuous Improvement (CI)
programme and business performance outlook. Words such as
"believe", "anticipate", "expect", "intend", "seek", "will",
"plan", "could", "may", "endeavour", "target", "forecast" and
"project" and similar expressions are intended to identify such
forward-looking statements, but are not the exclusive means of
identifying such statements. By their very nature, forward-looking
statements involve inherent risks and uncertainties, both general
and specific, and there are risks that the predictions, forecasts,
projections and other forward-looking statements will not be
achieved. If one or more of these risks materialise, or should
underlying assumptions prove incorrect, our actual results may
differ materially from those anticipated. You should understand
that a number of important factors could cause actual results to
differ materially from the plans, objectives, expectations,
estimates and intentions expressed in such forward-looking
statements. These factors are discussed more fully in our most
recent annual report on Form 20-F filed on 28 August 2018 and in other filings with the
United States Securities and Exchange Commission. The list of
factors discussed therein is not exhaustive; when relying on
forward-looking statements to make investment decisions, you should
carefully consider both these factors and other uncertainties and
events. Forward-looking statements apply only as of the date on
which they are made, and we do not undertake any obligation to
update or revise any of them, whether as a result of new
information, future events or otherwise.
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SOURCE Sasol Limited