US Petchem Renaissance Hits Snag As Sasol Costs Soar, BASF Delays

摘要

Snags are beginning to appear in the US petrochemical renaissance that has resulted in major expansion in both basic and specialty chemical plant development in recent years. First, South African energy giant Sasol says the price tag of the chemical complex it is building near Lake Charles, Louisiana, has soared to $11 billion from about $8 billion originally estimated (NGW Dec.10'12).