Sasol announces beneficial operation of Louisiana low-density polyethylene (LDPE) unit
Sasol announced that its Low-Density Polyethylene (LDPE) unit began beneficial operations on November 15, 2020, marking the completion of the Lake Charles Chemicals Project. With total capital expenditures expected to stay within US$12.8 billion, this unit enhances Sasol's transition to a specialty chemicals company. The LDPE unit, utilizing ExxonMobil technology, has a capacity of 420,000 tons per year. The project generated over 800 full-time jobs and contributed US$4 billion to local businesses.
- Completion of LDPE unit enhances specialty chemicals portfolio.
- Total capital expenditure within guidance of US$12.8 billion.
- LDPE unit capacity at 420,000 tons per year.
- None.
LAKE CHARLES, La., Nov. 16, 2020 /PRNewswire/ -- 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
"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
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
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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SOURCE Sasol Limited
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