Kansas City Southern (KCS) U.S. subsidiary, The Kansas City Southern Railway Company (KCSR), has reached an agreement with Sasol Chemicals (USA) LLC for the construction and long-term lease of a storage-in-transit (SIT) rail yard to support Sasol’s new ethane cracker and derivatives project in Lake Charles, La. In addition to building the SIT yard for lease to Sasol, KCSR will replace and expand its existing rail car classification yard in Mossville, La.
In October 2014, Sasol announced a final investment decision on a US$8.1 bln ethane cracker and derivatives complex in Louisiana. At the heart of the project is an ethane cracker that will produce 1.5 mln tons of ethylene annually, benefitting from significant economies of scale. The complex also includes six chemical manufacturing plants. An additional US$800 mln will be invested in infrastructure and utility improvements, as well as land acquisition, to establish the Lakes Charles location as an integrated, multi-asset site that will enable growth for decades to come. Construction is underway, and the company expects that the facility will achieve beneficial operation in 2018.
18-Jun-15 
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