Sasol's Lake Charles Chemicals Project (LCCP) Ethane Cracker Successfully Replaces Acetylene Catalyst and Increases Ethylene Production Rates
Sasol Ltd. American Depositary Shares (SSL)
US:NYSE Investor Relations:
sasol.com/investor-centre/overview
Company Research
Source: PR Newswire
JOHANNESBURG, Dec. 17, 2019 /PRNewswire/ -- Sasol is pleased to announce that the LCCP Ethane Cracker is increasing production rates following the successful replacement of the acetylene reactor catalyst. The Ethane Cracker achieved beneficial operation in August 2019 but has run approximately 50 - 60% of nameplate capacity due to underperformance of the plant's acetylene removal system. This issue has now been resolved.The outage to replace the catalyst was successfully completed on schedule and within budget. Following the outage, the unit was started up smoothly and ethylene production rates are approximately 85 - 90% of nameplate capacity and are increasing. Ethylene quality meets US Gulf Coast ethylene pipeline specifications.Sasol also looks forward to the completion of the LCCP Low Density Polyethylene (LDPE) Unit which is being commissioned with beneficial operation expected later in December 2019. The remaining three downstream units under construction to complete the integr
Show less
Read more
Impact Snapshot
Event Time:
SSL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SSL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SSL alerts
High impacting Sasol Ltd. American Depositary Shares news events
Weekly update
A roundup of the hottest topics
SSL
News
- Sasol Limited (NYSE: SSL) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Braskem: Petrochemical Market Conditions Bottoming [Seeking Alpha]Seeking Alpha
- SASOL LIMITED: PRODUCTION AND SALES METRICS FOR THE THREE MONTHS ENDED 30 SEPTEMBER 2024 [Yahoo! Finance]Yahoo! Finance
- SASOL LIMITED: PRODUCTION AND SALES METRICS FOR THE THREE MONTHS ENDED 30 SEPTEMBER 2024PR Newswire
- Sasol's Gas Supply and Volatile Oil Raise Sustainability Risks [Financial Post (Toronto, Ontario, Canada)]Financial Post
SSL
Sec Filings
- 12/12/24 - Form 6-K
- 11/29/24 - Form 6-K
- 11/25/24 - Form 6-K
- SSL's page on the SEC website