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Sasol Plans $4.5-Billion Ethane Cracker in Louisiana
6:04 AM MST | December 9, 2011 | â€”ROBERT WESTERVELT
Sasol says it is studying a world-scale ethane-based cracker and downstream derivative units at its Lake Charles, LA site, the latest investment in North Americaâ€™s widening cost advantage in natural gas. Sasol estimates project investment will total $3.5 billion-$4.5 billion, including a cracker that can produce 1 million-1.4 million m.t./year of ethylene, and downstream derivatives. Sasol earlier this year announced plans for a separate integrated U.S. gas-to-liquids (GTL) and chemicals complex at the Lake Charles that would cost $8 billion-$10 billion, its...
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