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Lake Charles executive and fellow Citgo 6 remain imprisoned through pandemic

A Lake Charles man and five other oil executives known as the Citgo 6 remain captives in Venezuela two and half years since they were detained on corruption charges. Tomeu Vadell of Louisiana and five...

Oil, gas will likely see bounce as COVID-19 impacts lessen

The unprecedented shock to the demand side of the oil and gas equation caused by COVID-19, and the resulting buildup in inventories, will take some time work through, says Scott Schnipper, a managing director...

Another Magnolia LNG parent company deal falls through

The sale of the Magnolia LNG project in Lake Charles to a Lafayette company has fallen through. LNG Limited last week terminated the proposed sale to Global Energy Megatrend Limited of its interest in subsidiary...

Dow idles 2 elastomer units in Louisiana

Dow has idled two of its elastomer units in Louisiana as part of a larger strategy to balance supply with lower demand. Speaking at the virtual Bernstein 36th Annual Strategic Decisions conference last week, CEO...

Pelican ABC member companies serve 3,000 meals to Capitol Region healthcare workers and nonprofits

The Pelican Chapter of the Associated Builders and Contractors last week hosted Workforce Feeding Frontlines, a community event for the Merit Shop construction workforce and other ABC Pelican Member companies to show their appreciation...

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My Toughest Challenge: Bill Fenstermaker

Bill Fenstermarker Chairman/CEO, C.H. Fenstermaker & Associates Inc., Lafayette WHAT THEY DO: Engineering, survey/mapping and environmental firm offering a combination of services to a variety of markets...

My Toughest Challenge: Kyle J. Remont of RED Group in New...

Position: President Company: RED Group, New Orleans What They Do: Specialize in control systems design and integration, industrial IT consulting and industrial control systems security. RED...
What just years ago seemed like a far-out concept now plays a central role in Louisiana’s manufacturing space. The gathering, manipulation and extrapolation of data via smart facilities, digitization and the Internet of Things (IoT)—aka Industry 4.0—is rapidly gaining a foothold among petrochemical owners. Some plants are taking a leadership...

PROJECT TRACKER

industrial projects
10/12 Industry Report tracks the status of announced or proposed industrial projects in south Louisiana since Jan. 1, 2014, with projected capital investment of $25 million or more. The top map indicates projects estimated at $250 million or more; the map below it, those between $25 million and $250 million. Data is current as of January 1, 2020. Second line...

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