ITEP authority could be consolidated to parish industrial boards
The power local governing authorities have to approve property tax exemptions for large industrial developments could soon transfer to separate, singular parish industrial development...
DEQ deciding fate of planned Mitsubishi chemical plant in Geismar
The fate of a proposed Mitsubishi Chemical plant in Ascension Parish is now in the hands of the Louisiana Department of Environmental Quality, WAFB-TV reports.
DEQ...
Court reinstates Formosa’s St. James plant permit, but project economics remain bleak
Last week, the Louisiana First Circuit Court of Appeals overturned a lower court decision and reinstated a permit for Formosa’s proposed petrochemical complex in St....
Port NOLA receives $226M federal grant to support $1.8B Louisiana International Terminal
The largest public economic development project in state history has now received the biggest economic development grant in Louisiana history, reports New Orleans City...
ExxonMobil completes $230M upgrade of Baton Rouge refinery
ExxonMobil announced last week that a $230.5 million, three-year modernization initiative at its aging north Baton Rouge refinery has been completed.
The initiative, called the Baton...
Element 25 approved for $57 million in tax incentives for Ascension Parish facility
Element 25 Ltd. has achieved all of the state's Industrial Tax Exempt Program (ITEP) requirements to support a lithium-ion battery grade high purity manganese...
Port NOLA gets $74 million grant for Louisiana International Terminal
Port NOLA will receive $73.77 million from the federal government to assist in building the Louisiana International Terminal project, which will provide an efficient gateway...
BASF completes specialty amines expansion in Geismar
BASF has completed its capacity expansion for key specialty amines manufactured at its Geismar plant, reports Chemical Engineering Online. As a result, the plant...
BP challenges FERC’s oversight of Venture Global LNG plant
BP PLC has challenged U.S. energy regulators' approvals of a Venture Global LNG liquefied natural gas export facility, arguing the Federal Energy Regulatory Commission...
This EV battery chemical plant could get an $80M tax break
The Louisiana Board of Commerce and Industry last week approved an $80 million tax break for a Japanese company that promises to create nine...
