SOURCE: Industrial Info Resources

Industrial Info Resources

February 07, 2011 05:10 ET

Sasol Puts Chinese Coal-to-Liquids Project on Hold, an Industrial Info News Alert

JOHANNESBURG, SOUTH AFRICA--(Marketwire - February 7, 2011) - Researched by Industrial Info resources (Sugar Land, Texas) -- South Africa's energy and chemicals major Sasol Limited (NYSE:SSL) (Johannesburg) announced that it is putting a Chinese coal-to-liquids project on hold while it awaits China's National Development and Reform Commission's (NDRC) decision on approval for the $10 billion project after viewing the project application. The NDRC recommendation on the project to China's energy department was expected well before the end of 2010.

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