Sasol meets shareholders as Lake Charles costs climb
Estimated cost of project raised by $1bn
19 August 2019 - 17:22
Sasol, SA’s biggest company by revenue, said it has held meetings with shareholders as dissatisfaction grows with cost overruns at the $13bn Lake Charles chemical project in the US.
The meetings began after Sasol raised the estimated cost of the project by $1bn in May, having increased it only three months earlier, the company said in a response to questions...
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