Sasol expects to spend more than $3.5 billion directly in Louisiana during the construction phase of its new ethane cracker near Westlake, according to a new study commissioned by the firm. Sasol said it has already committed $2.5 billion to Louisiana contractors and businesses and has generated $110 million in revenues for state and local governments.
The company also said it has hired about 350 of the 500 full-time jobs to be added for the operational phase. More than 3,500 construction workers are currently on site.
Sasol broke ground on the $9 billion, 1.5-million-ton-per-year ethane cracker in March 2015. It is expected to start up in 2019.
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