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Once again, the petrochemical complex Sasol is building in Lake Charles, Louisiana, faces cost overruns. The company says the plant will cost between $12.6 billion and $12.9 billion, up from the $11.6 billion to $11.8 billion it estimated in February. When the project got the go-ahead in 2014, it was supposed to cost $8.1 billion. Sasol faced construction problems such as defective carbon steel forgings for the new ethylene cracker. The firm says the project is 96% complete. A polyethylene plant has started up, an ethylene oxide plant is ready to open, and the cracker will start up in July.
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