Sasol starts engineering of La. ethane cracker

Published: December 5, 2012 6:00 am ET

Related to this story

Topics Materials, Suppliers

LAKE CHARLES, LA. (Dec. 5, 9:15 a.m. ET) — South African-based energy and chemicals company Sasol will proceed with engineering and design phase for a world-scale ethane cracker with downstream derivatives at its Lake Charles site in southwest Louisiana.

The ethane cracker will allow Sasol to expand its differentiated ethylene derivatives business, which includes ethylene oxide and ethylene glycol, in the US. The cracker will also benefit from the current low US natural gas prices and the abundance of ethane, Sasol said in a Dec. 4 news release.

Current cracker project costs are estimated at $5-7 billion, and the company expects “beneficial operation” during the 2017 calendar year. It will produce an estimated 1.5 million metric tons per year of ethylene.

“Through our innovative energy and chemicals technologies, we will provide the US with world-class, cleaner-burning fuel, contribute to the country’s energy security, boost downstream manufacturing capacity, and diversify the utilization of domestic gas resources,” Sasol CEO David Constable said.

The ethane cracker and integrated gas-to-liquid facility also being developed at the site will together create a minimum of 1200 permanent positions and 7000 construction jobs, the company said.


Comments

Sasol starts engineering of La. ethane cracker

Published: December 5, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Evonik sells polyimide foams operation to Boyd

July 29, 2014 10:46 am ET

Modesto, Calif.-based Boyd Corp., a manufacturers of specialty material and sealing agents, has purchased Evonik Industries’...    More

Image

Formosa to be compensated for Vietnam riot

July 28, 2014 1:44 pm ET

Taiwan's Formosa Plastics Group will receive $2.39 million from the Vietnamese government and insurance companies for damages suffered during the...    More

Image

Ukraine's Group DF may be forced to sell Crimea-based additives plant

July 28, 2014 10:12 am ET

Group DF, the industrial business of Ukrainian tycoon Dmitry Firtash, may be forced to sell off Eastern Europe's biggest producer of titanium oxide,...    More

Image

Gear pump maker Witte expands in Germany and USA

July 25, 2014 2:15 pm ET

Witte Pumps & Technology GmbH, the German maker of gear pumps for extrusion, has moved into a new headquarters factory in the Hamburg area, and the...    More

Image

Austrian mold maker seeking North American manufacturing partner

July 25, 2014 1:49 pm ET

An Austrian mold maker is looking for a manufacturing location in North America.    More

Market Reports

Plastics Recyclers Data Report & Directory

This exclusive MS Excel database contains all the companies from Plastics News' ranking of top North American Recyclers and Brokers by reprocessed volume and also includes a directory with materials processes, services offered and company contact information. Data is based on primary research by PN editorial staff.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events