Tag Archives: Sasol

Affordable natural gas sparks global manufacturers’ investment in America

What do Austria’s Voestalpine, Egypt’s Orascom Construction Industries, Germany’s Wacker Chemie, Japan’s Idemitsu Kosan, Taiwan’s Formosa Plastics and South Africa’s Sasol have in common? According to Michael Birnbaum’s front page story in The Washington Post, the answer is each of these companies plans massive investments in the United States, whether it’s a $7 billion ethane […]

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Sasol explores exciting new opportunity to build world class ethylene cracker in Louisiana

South African energy and chemicals company Sasol Ltd. today announced that it will conduct a feasibility study for a “world scale” ethylene cracker and derivatives complex near Lake Charles, Louisiana. Such an investment could be worth up to $4.5 billion, the company said. As the second largest chemical producing state, with 23,000 chemical industry employees, […]

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