Sasol espouses multi-asset virtues of $11bn US project amid cracker rivalry

Sasol espouses multi-asset virtues of $11bn US project amid cracker rivalry

The skyline associated with Sasol’s $11-billion ethane cracker project in Lake Charles, Louisiana, is starting to change fundamentally as the plant’s large steel structures are installed on a portion of the vast 890 ha site, where the South African energy and chemicals group is creating a new multi product chemicals complex. Even some Gulf Coast […]

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Weak oil price exacts toll on Sasol’s earnings

South African energy and chemicals group Sasol confirmed on Friday that its earnings for the financial year to June 30, 2015, would be down on the previous year, despite a strong operational performance – the weaker result was largely attributed to the sharp fall in the oil prices during the period. Headline earnings a share […]

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Employees seek damages from Sasol over coal dust exposure.

Twenty two current and former employees of South African petrochemicals group Sasol have filed a civil claim against its mining unit, regarding illnesses allegedly contracted while they worked for the company. The lawsuit was filed on behalf of the employees by Richard Spoor, whose legal battle against a South African asbestos mining company led to […]

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