JOHANNESBURG, Aug 26 (Reuters) - Sasol said onMonday it had reduced its 2020 core earnings target for its U.S.ethane cracker project and revised the dates for the unit'sstart-up following technical issues.
Sasol lowered its earnings before interest, tax,depreciation and amortisation(EBITDA) guidance for the LakeCharles Chemicals Project (LCCP) for the 2020 financial year tobetween $150 to $300 million from between $300 to $350 million.
Sasol delayed the release of its annual financial resultsearlier this month due to possible "control weaknesses" at theproject, sending shares in the chemicals and energy companysharply lower.(Reporting by Tanisha Heiberg)