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Hyundai’s $6B Ascension Parish steel mill could transform manufacturing landscape
Hyundai’s proposed $6 billion facility in Ascension Parish could significantly transform the steel manufacturing landscape, Louisiana Illuminator reports. Instead of relying on traditional coal-fired blast furnaces, the facility is expected to use direct reduced iron...
Engine manufacturers to benefit from surging data center power demand
As AI data center developers search for secure and reliable power, they're turning to reciprocating internal combustion engines to meet current project timelines, The Wall Street Journal reports.
Because utility interconnections and large gas turbine deliveries...
Air Products’ $4.5B project cancellation could hurt future carbon capture investment
The cancellation of Air Products’ $4.5 billion Louisiana Clean Energy Complex could reshape how companies view future carbon capture investments in the state, says economist Loren Scott.
Pennsylvania-based Air Products announced Tuesday it is abandoning the project,...
Cameron Parish to collect over $4B in property taxes over next decade as LNG...
Cameron Parish is projected to collect more than $4 billion in property taxes over the next 10 years as industrial tax exemptions for six LNG facilities begin to expire, reports KPLC TV.
The state of...
Aclara secures $20M in property tax exemptions for Vinton rare earths processing facility
Aclara Resources has confirmed final that it will receive $20 million in state property tax exemptions for the planned heavy rare earth separation facility at the Port of Vinton, reports Mining Weekly. It marks...
