Sasol Delays U.S. Chemical Plant as Price Drop Spurs Savings

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  • Company reviews project as Lake Charles units delayed to 2019
  • Sasol expects Brent oil prices to stay at $25-$40 a barrel

Sasol Ltd. will review the cost and timing of its $8.9 billion chemicals plant in the U.S. as slumping prices caused first-half profit at the world’s biggest producer of motor fuel from coal to drop 63 percent.

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