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SASOL LIMITED - Sasol hosts an investor visit to its US ethane cracker and derivatives project

Release Date: 02/02/2015 17:30
Code(s): SOL SOLBE1     PDF:  
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Sasol hosts an investor visit to its US ethane cracker and derivatives project

Sasol Limited
(Incorporated in the Republic of South Africa)
(Registration number 1979/003231/06)
Sasol Ordinary Share codes:     JSE: SOL       NYSE: SSL
Sasol Ordinary ISIN codes:      ZAE000006896 US8038663006
Sasol BEE Ordinary Share code: JSE: SOLBE1
Sasol BEE Ordinary ISIN code:   ZAE000151817
("Sasol" or "the Company")

Sasol hosts an investor visit to its US ethane cracker and
derivatives project

Sasol will today be hosting analysts and investors at its
Westlake facility in Lake Charles, Louisiana.

On 27 October 2014, the company announced that it had taken a
final investment decision to construct an 8.1 billion dollar
ethane cracker and derivatives complex at its existing site in
Lake Charles, Louisiana.

Once commissioned, this world-scale petrochemicals complex will
roughly triple Sasol’s chemical production capacity in the
United States, enabling Sasol to further strengthen its
position in a growing global chemicals market. The U.S. Gulf
Coast’s robust infrastructure for transporting and storing
abundant, low-cost ethane was a key driver in the decision to
invest in America.

Last week, Sasol announced that it is developing a
comprehensive plan to respond to the current low oil price
environment. At the same time, the company confirmed that the
construction of the cracker and derivatives complex will
continue.

Given the robust project economics, the Sasol team is confident
that this facility is the first step in developing the
Louisiana site into an integrated multi-asset, multi-business
hub, which will enable future growth for several decades to
come.

A supporting presentation and audio webcast will be available
on the company’s website at http://www.sasol.com/investor-
centre/presentations-and-speeches/us-site-visit and will begin
at 10h30 (CST), 18h30 (SA), 16h30 (GMT).


2 February 2015
Johannesburg

Sponsor: Deutsche Securities (SA) Proprietary Limited
Disclaimer - Forward-looking statements: Sasol may, in this document,
make certain statements that are not historical facts and relate to
analyses and other information which are based on forecasts of future
results and estimates of amounts not yet determinable. These
statements may also relate to our future prospects, developments and
business strategies. Examples of such forward-looking statements
include, but are not limited to, statements regarding exchange rate
fluctuations, volume growth, increases in market share, total
shareholder return and cost reductions. Words such as “believe”,
“anticipate”, “expect”, “intend”, “seek”, “will”, “plan”, “could”,
“may”, “endeavour” and “project” and similar expressions are intended
to identify such forward-looking statements, but are not the
exclusive means of identifying such statements. By their very nature,
forward-looking statements involve inherent risks and uncertainties,
both general and specific, and there are risks that the predictions,
forecasts, projections and other forward-looking statements will not
be achieved. If one or more of these risks materialise, or should
underlying assumptions prove incorrect, our actual results may differ
materially from those anticipated. You should understand that a
number of important factors could cause actual results to differ
materially from the plans, objectives, expectations, estimates and
intentions expressed in such forward-looking statements. These
factors are discussed more fully in our most recent annual report
under the Securities Exchange Act of 1934 on Form 20-F filed on 29
September 2014 and in other filings with the United States Securities
and Exchange Commission. The list of factors discussed therein is not
exhaustive; when relying on forward-looking statements to make
investment decisions, you should carefully consider both these
factors and other uncertainties and events. Forward-looking
statements apply only as of the date on which they are made, and we
do not undertake any obligation to update or revise any of them,
whether as a result of new information, future events or otherwise.

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