ENERGY & CHEMICALS
South African energy and chemicals group has secured investment incentives collectively valued at around $1-billion from the state of Louisiana, in the US, to support its proposed development of an ethane cracker and a gas to liquids (GTL) facility in the Lake Charles area.
The JSE-listed group is considering investments valued at between $16-billion and $21-billion in Louisiana, which could be pursued between 2014 and 2020.
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