Sasol Draws Multiple Bids for Stake in U.S. Chemical Site

  • Ineos, Chevron Phillips among those to make first-round offers
  • Lake Charles plant stake could be worth more than $2 billion
Photographer: Waldo Swiegers/Bloomberg
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Sasol Ltd. has received offers from firms including Ineos Group Ltd. for a large stake in a U.S. chemical complex it is selling to shore up its finances, according to people familiar with the matter.