UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
Report on Form 6-K for October 27, 2014
Commission File Number 1-31615
Sasol Limited
1 Sturdee Avenue
Rosebank 2196
South Africa
(Name and address of registrant's principal executive office)
Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F __X__ Form 40-F _____
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
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document that the registrant foreign private issuer must furnish
and make public under the laws of the jurisdiction in which the
registrant is incorporated, domiciled or legally organized
(the registrant's "home country"), or under the rules of the home
country exchange on which the registrant's securities are traded,
as long as the report or other document is not a press release, is
not required to be and has not been distributed to the registrant's
security holders, and, if discussing a material event, has already
been the subject of a Form 6-K submission or other Commission
filing on EDGAR.
Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
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82-_______________.
Enclosures: Sasol announces final investment decision on world-scale
ethane cracker and derivatives complex in Louisiana
Sasol Limited
(Incorporated in the Republic of South Africa)
(Registration number 1979/003231/06)
Sasol Ordinary Share codes: JSE: SOL NYSE: SSL
Sasol Ordinary ISIN codes: ZAE000006896 US8038663006
Sasol BEE Ordinary Share code: JSE: SOLBE1
Sasol BEE Ordinary ISIN code: ZAE000151817
("Sasol" or "the Company")
Sasol announces final investment decision on world-scale ethane
cracker and derivatives complex in Louisiana
Today, Sasol announced the final approval of an US$8.1 billion
ethane cracker and derivatives complex at its existing site in
Lake Charles, Louisiana.
"Sasol's decision to move forward with this project is a defining
moment in our company's history, and an important milestone in
the execution of our growth strategy," said David Constable,
President and Chief Executive Officer, Sasol Limited. "Once
commissioned, this world-scale petrochemicals complex will
roughly triple our chemical production capacity in the United
States, enabling Sasol to further strengthen its position in a
growing global chemicals market. The U.S. Gulf Coast's robust
infrastructure for transporting and storing abundant, low-cost
ethane was a key driver in our decision to invest in America."
At the heart of the project is an ethane cracker that will
produce 1.5 million tons of ethylene annually, benefitting from
significant economies of scale. The complex also includes six
chemical manufacturing plants. Approximately 90 percent of the
cracker's ethylene output will be converted into a diverse slate
of commodity and high-margin specialty chemicals for markets in
which Sasol has a strong position, underpinned by collaborative
customer relationships.
"In spite of a largely volatile macroeconomic outlook, we are
confident that we will deliver this project successfully, by
drawing on our experience of executing world-scale fuel and
chemical facilities, and enlisting the best employees and
industry partners," said Constable. "The Sasol team and our
contractors have strong track records in project management,
engineering, fabrication and construction of similar large-scale
petrochemical complexes, with deep expertise along the U.S. Gulf
Coast."
Sasol has selected Fluor Technip Integrated, a joint venture of
two world-class firms, as the primary engineering, procurement,
and construction management contractor for this project. Sasol's
project management team is also supported by WorleyParsons, who
bring with them significant mega-project experience.
An additional US$800 million will be invested in infrastructure
and utility improvements, as well as land acquisition, to
establish the Lake Charles location as an integrated, multi-asset
site that will enable growth for decades to come.
Sasol is well-advanced in raising the funds required for
construction and will utilise a variety of international U.S.
dollar-based sources. Site preparation is underway, and the
company expects that the facility will achieve beneficial
operation in 2018.
"The economic benefits of this project will extend to all of our
shareholders, 67 percent of whom are located in South Africa, and
will also enable us to pursue further growth opportunities in
Southern Africa," said Constable. "In addition, this project will
deliver significant benefits to the State of Louisiana and the
United States. More specifically, it will enhance local
investment and job creation in the surrounding communities, while
strengthening downstream manufacturing and increasing exports."
27 October 2014
Johannesburg
Sponsor: Deutsche Securities (SA) Proprietary Limited
Forward-looking statements: Sasol may, in this document, make
certain statements that are not historical facts and relate to
analyses and other information which are based on forecasts of
future results and estimates of amounts not yet determinable.
These statements may also relate to our future prospects,
developments and business strategies. Examples of such forward-
looking statements include, but are not limited to, statements
regarding exchange rate fluctuations, volume growth, increases in
market share, total shareholder return and cost reductions. Words
such as "believe", "anticipate", "expect", "intend", "seek",
"will", "plan", "could", "may", "endeavour" and "project" and
similar expressions are intended to identify such forward-looking
statements, but are not the exclusive means of identifying such
statements. By their very nature, forward-looking statements
involve inherent risks and uncertainties, both general and
specific, and there are risks that the predictions, forecasts,
projections and other forward-looking statements will not be
achieved. If one or more of these risks materialise, or should
underlying assumptions prove incorrect, our actual results may
differ materially from those anticipated. You should understand
that a number of important factors could cause actual results to
differ materially from the plans, objectives, expectations,
estimates and intentions expressed in such forward-looking
statements. These factors are discussed more fully in our most
recent annual report under the Securities Exchange Act of 1934 on
Form 20-F filed on 29 September 2014 and in other filings with
the United States Securities and Exchange Commission. The list of
factors discussed therein is not exhaustive; when relying on
forward-looking statements to make investment decisions, you
should carefully consider both these factors and other
uncertainties and events. Forward-looking statements apply only
as of the date on which they are made, and we do not undertake
any obligation to update or revise any of them, whether as a
result of new information, future events or otherwise.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant, Sasol Limited, has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized.
Date October 27, 2014 By: /s/ V D Kahla
Name: Vuyo Dominic Kahla
Title: Company Secretary