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Sasol appoints contractor for US plant

May 16 2011 17:40 I-Net Bridge

Company Data

Sasol Limited [JSE:SOL]

Last traded 622.00
Change 2.02
% Change 0.00
Cumulative volume 505172
Market cap 404.70bn

Last Updated: 02/09/2014 at 04:25. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - Energy and chemicals company Sasol [JSE:SOL] has appointed a contracting and engineering company for its tetramerisation plant in Louisiana in the US, it said on Monday.

S&B Engineers and Constructors has been selected to build the ethylene tetramerisation plant at Lake Charles, Louisiana.

The plant will use Sasol's proprietary technology to convert ethylene to 1-octene (used as a plasticiser) and 1-hexene (which is used as a chemical intermediate and for resins, drugs and insecticides).

Sasol senior group executive Andre de Ruyter said the project is targeted for start-up in mid-2013.

"We are committed to providing Sasol and the local community a safe working environment and a world class project", said James Slaughter, president of S&B Engineers.

 
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