BASF is launching a new strategy to boost earnings
In an effort to boost earnings, BASF is cutting its annual dividend and is considering shedding noncore assets like its agricultural chemicals business, The Wall...
The strategy behind BP’s plan to sell its U.S. onshore wind energy division
BP plans to sell its U.S. onshore wind energy division in an effort to simplify its business and focus on its solar operation, The Wall...
Land for new logistics park acquired for $10.9M
Two Louisiana-based firms—JRE Capital and Ratcliff Development, partnered to purchase nearly 200 acres in Geismar for a new logistics park.
The firms purchased the 186 acres of...
Unlikely alliance forms to boost community air monitoring in St. Rose
The International-Matex Tank Terminals’ 216-tank bulk liquid facility in St. Rose is partnering with the Louisiana Environmental Action Network to install four air monitoring...
Mid South Extrusion to invest $17 million in Ouachita Parish facility
Mid South Extrusion will invest $17 million at its facility in Ouachita Parish to install two new state-of-the-art blown film extrusion lines to support...
PPG to sell Lake Charles manufacturing facility to Quemetica
PPG reached an agreement with chemical maker Qemetica to sell its silica products business for approximately $310 million, according to an Aug. 29 press release.
The...
Bank of America is betting on carbon capture
Carbon capture is getting a boost from a landmark tax-credit deal with Bank of America that is one of the largest-ever investments in the...
What does LED’s restructuring entail?
Louisiana Economic Development Secretary Susan Bourgeois began an internal restructuring of the department in January when she stepped into her new role. She spoke...
How Baton Rouge area industry leaders feel about the future
The Greater Baton Rouge Industry Alliance’s newly released Q3 economic outlook survey shows that the association’s members expect capital spending, hiring and production to increase, though...
EV battery component manufacturing poised to be Louisiana’s next big industry
It’s not likely that Louisiana’s fledgling electric vehicle battery industry would even exist without federal assistance, but state economic leaders really don’t care.
As Baton...
