Country for PR: United Kingdom
Contributor: PR Newswire Europe
Monday, November 16 2020 - 16:30
AsiaNet
Sasol announces beneficial operation of Louisiana low-density polyethylene (LDPE) unit
LAKE CHARLES, La., May 27, 2020, /PRNewswire-AsiaNet/--

Seventh unit marks completion of Lake Charles Chemicals Project

Sasol today announced our LDPE unit reached beneficial operation on 15 November 
2020. The LDPE unit is the seventh and final Lake Charles Chemicals Complex 
unit to come online. The LCCP is now 100 percent complete with total capital 
expenditure forecast to be within the previously communicated guidance of 
US$12,8 billion. 

"This milestone safely brings our Lake Charles Chemicals Project to a close and 
sets the stage for the next step in the evolution of our chemicals business," 
said Sasol President and Chief Executive Officer Fleetwood Grobler. "The 
completion of this unit and its impending transition to our joint venture with 
LyondellBasell will accelerate our transformation to a more specialty 
chemicals-focused company with a strong presence of base chemicals in our 
portfolio."

Sasol's LDPE unit uses ExxonMobil technology and has a nameplate capacity of 
420,000 tons per year (420 ktpa). LDPE is used to manufacture plastic bags, 
shrink wrap and stretch film, coatings for paper cups and cartons, container 
lids, squeezable bottles, and other applications. The beneficial operation of 
the final LCCP unit signals that 100% of total nameplate capacity of the LCCP 
is operational. 

The LDPE unit is one of the three LCCP plants that will form part of the 
Sasol/LyondellBasell Louisiana Integrated Polyethylene joint venture.
To date, Sasol's Lake Charles Chemicals Project has generated more than 800 
full-time quality manufacturing jobs, with up to 6,500 people on site during 
construction, US$4 billion to Louisiana businesses and nearly US$200 million in 
local and state taxes.

Issued by:

Matebello Motloung, Manager: Group Media Relations
Direct telephone: +27 (0) 10 344 9256; Mobile: +27 (0) 83 773 9457
matebello.motloung@sasol.com 

Alex Anderson, Senior Manager: Group External Communication
Direct telephone: +27 (0) 10 344 6509; Mobile: +27 (0) 71 600 9605
alex.anderson@sasol.com 

In the U.S.:

Issued by:

Sarah Hughes, Manager Lake Charles Corporate Affairs
Direct telephone: +1 (346) 313-6151
sarah.hughes@us.sasol.com 

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About Sasol:

Sasol is a global integrated chemicals and energy company spanning 30 
countries. Through our talented people, we use selected technologies to safely 
and sustainably source, manufacture and market chemical and energy products 
globally.

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SOURCE: Sasol Limited