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Investment

Sasol finishes last Louisiana plant

by Alexander H. Tullo
November 21, 2020 | A version of this story appeared in Volume 98, Issue 45

 

A photo of the new Sasol complex.
Credit: Sasol
Sasol's new Louisiana complex

Sasol is starting up a low-density polyethylene plant, the last of seven chemical plants that make up its complex in Lake Charles, Louisiana. The complex cost $12.8 billion, nearly $4 billion over budget. The LDPE plant was damaged by a fire in January. The plant, as well as another polyethylene unit and an ethylene cracker, will become part of a recently announced joint venture between Sasol and LyondellBasell Industries.

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