January 28, 2015 – Wall Street Journal
Sasol Shelves Plans for Louisiana Gas-to-Liquids Plant
By Patrick McGroarty in Secunda, South Africa, and Alison Sider in Houston
South African energy giant Sasol Ltd. said Wednesday it was shelving an $11 billion factory on Louisiana’s Gulf Coast, turning one of the largest prospective foreign investments on U.S. soil into another casualty of falling oil prices.
Sasol has spent years planning to expand its chemical factory outside Lake Charles, La into a sprawling...