Westlake, Louisiana – The early sign-up period for Sasol’s Voluntary Property Purchase Program has been extended to Nov. 4, 2013. Those property owners and renters who sign up on or before Nov. 4 are eligible to receive a $1,000 early sign-up bonus when they close a transaction with Sasol. The period for registration formally closes on Dec. 4, 2013.
“The Voluntary Property Purchase Program information center telephone line was temporarily disconnected for a brief period last week. We are extending the early sign-up bonus deadline to Nov. 4 to ensure everyone who is interested can still take advantage of the early sign-up period and bonus,” said Mike Hayes, manager of public affairs for Sasol U.S. Mega Projects. “We truly hope residents in the program area will consider taking the time to sit with our counselors and discuss their options before making a decision on whether or not to participate in the program.”
The Information Center for the Voluntary Property Purchase Program is located at the former Mossville Elementary School at 3301 Old Spanish Trail in Westlake. If an eligible property owner or renter would like to take advantage of the early sign-up bonus, please contact the information center at 337.310.8200. For more information on the program, please visit the program website at www.sasolvppp.com.
In July 2013, Sasol announced plans to introduce a Voluntary Property Purchase Program for residents in designated areas northwest and west of its existing facility in Westlake, Louisiana. This Program is strictly voluntary and provides eligible property owners the option to sell their property to Sasol and relocate to an alternative neighborhood, if they so choose.
Sasol has retained an experienced, third party contractor, Community Interaction Consulting, Inc. (CIC), to administer the Program. CIC has more than 20 years of experience administering best practice property purchase programs around the country.
Note to editors:
In December 2012, Sasol announced that it would begin front-end engineering and design work for a world-scale ethane cracker and gas-to-liquids (GTL) facility to be located at its existing site in Westlake. At an estimated cost of between $16 and $21 billion, the two projects combined represent the largest single manufacturing investment in the history of Louisiana and one of the largest foreign direct investment manufacturing projects in U.S. history. Together, the two projects are expected to create over 1,200 permanent jobs, 7,000 jobs at peak construction and thousands of indirect jobs in Louisiana and across the U.S.