Sasol Ltd. cited its ethane cracker and gas-to-liquids complex in Lake Charles, estimated to cost $16 billion to $21 billion, as a highlight of its July to March financial results, the first nine months of the firm’s fiscal year.
Aaron Brickman from Washington D.C. is the deputy director of SelectUSA within the U.S. Department of Commerce. He said Sasol's plans resonate with many in Washington D.C. and around the country. Brickman said at a conference in Germany last week, they were calling America the new China.
Southwest Louisiana is on the minds of federal commerce officials in Washington, D.C., because of the billions of dollars in investments that have been announced and followed through on in recent years.
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Sasol Lake Charles GTL and Ethane Cracker Complex Announcement - Announcement photos