Sasol CEO-designate Fleetwood Grobler insists that he is “realistic” about the challenges still confronting the chemicals and energy group, which parted ways with its previous joint CEOs on Monday, following a damning board review of cost and schedule overruns at the giant Lake Charles Chemicals Project (LCCP), in Louisiana, in the US. The review confirmed that the LCCP could cost as much as $12.9-billion to complete, well above the initial price-tag of $8.9-billion.
