Sasol Ltd. is moving forward with an $8.1 billion ethane cracker complex project at its existing manufacturing facility near Lake Charles, La.
The ethane cracker complex will include six chemical manufacturing plants, which would roughly triple Sasol's chemical production capactity in the U.S.
The company estimates the project will create 5,000 construction jobs. Sasol will create 500 direct new jobs with an average annual salary of $88,000, plus benefits. The project is expected to be completed in 2018.