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

Ferro sells another piece of its plastics business

December 19, 2014 3:33 pm ET

Ferro Corp. has sold its North American polymer additives business to a private equity firm for $154 million in cash.    More

Image

The return of HPM's big presses

December 19, 2014 11:47 am ET

HPM is back in big injection molding machines.    More

Image

Antimicrobial polymers firm TiFiber launching pilot production in Ark.

December 19, 2014 10:58 am ET

TiFiber Inc., which makes synthetic compounds to control dangerous microorganisms, will locate a pilot production facility and its future company...    More

Smithers Group relocating some jobs to Ohio

December 19, 2014 10:05 am ET

Smithers Group will relocate its North American Information business unit from Portland, Maine, to Akron, Ohio, and as a result will move more than...    More

Image

Patel named LyondellBasell CEO

December 19, 2014 9:56 am ET

Bhavesh V. “Bob” Patel has been named CEO of Houston-based polyolefins producer LyondellBasell Industries NV, effective Jan. 12.    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

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

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

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events