Sasol Brings Last Unit of Louisiana Project Into Operation
November 16 2020 - 1:55AM
Dow Jones News
By Adria Calatayud
Sasol Ltd. said Monday that the low-density polyethylene unit at
its Lake Charles chemicals project in Louisiana achieved beneficial
operation Sunday.
The unit was the last of seven to be brought into operation, the
South Africa-based petrochemical and energy company said. The unit
was damaged in a fire during commissioning in January, it said.
The Lake Charles project is now fully complete, with total
capital expenditure forecast within the previous guidance of $12.8
billion, Sasol said.
Production from the low-density polyethylene unit is an
important milestone for a planned expansion into the U.S.
polymers-production market by a joint venture between Sasol and
LyondellBasell Industries NV, Sasol said.
The company said that all units that were operating prior to the
impact from Hurricane Laura have returned to operation, and that
there is no further impact from Hurricane Zeta.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
November 16, 2020 01:40 ET (06:40 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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