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Business
Sasol delays part of new cracker
by Rick Mullin
March 14, 2016
| A version of this story appeared in
Volume 94, Issue 11
Sasol says start-up of some of the derivative units in its $9 billion ethylene complex now under construction in Lake Charles, La., will be delayed a year, until 2019. The South African company says cost control will remain a top priority given the “uncertain economic environment.” Sasol cited the impact of low oil prices in its previous decision to put a gas-to-liquids facility adjacent to the cracker on hold. A detailed review of the cracker cost and schedule is expected to be released by midyear.
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