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Name | Symbol | Market | Type |
---|---|---|---|
Sasol Ltd | NYSE:SSL | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.2012 | -2.85% | 6.8688 | 6.89 | 6.78 | 6.88 | 944,429 | 18:19:05 |
By Matt Grossman
Sasol Ltd. facilities in Louisiana and Texas remain closed following Hurricane Laura, which caused electrical blackouts and other damage to infrastructure near the Louisiana site, the company said Monday.
Sasol's chemicals complex in Lake Charles, La., sustained damage to cooling towers from high winds, the company said. According to early reports, there was no apparent flooding damage or damage to process equipment, Sasol added.
The company's sites in Greens Bayou and Winnie, Texas, were closed as a precaution before the storm but were not damaged, Sasol said.
Start-up of the plants will depend on the availability of electricity, industrial gasses and other production inputs, the company said.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
August 31, 2020 07:50 ET (11:50 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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