Sasol Confirms Higher Cost for Lake Charles Chemical Project

SUGAR LAND--August 24, 2016--Researched by Industrial Info Researched by Industrial Info (Sugar Land, Texas)--Sasol Limited (NYSE:SSL) (Johannesburg, South Africa) says the cost of its Lake Charles Chemical Project will be $2.1 billion more than what it anticipated in October 2014. The cost estimate now stands at $11 billion and includes expenditures for site infrastructure and utility improvements, according to Sasol.

Within this article: Latest cost considerations for Sasol's Lake Charles, Louisiana, olefins project.