Sasol Pushes Ahead with More Costly Louisiana Chemical Complex

SUGAR LAND--May 23, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--"A billion here, a billion there, and pretty soon you're talking real money" is a quote questionably attributed to the late U.S. Senator Everett McKinley Dirksen of Illinois. Even so, it still resonates with regard to Sasol Limited's (NYSE:SSL) (Johannesburg, South Africa) announcement on Wednesday that its Lake Charles Chemical Project (LCCP) in Louisiana may cost up to $1 billion more than previously forecast.

Within this article: Update on the LCCP.