Petrochemical

Louisiana methanol project backed by new partnership

South Louisiana Methanol LP and new joint-venture partner Saudi Arabian Basic Industries Corp., or SABIC, are planning a $2.2-billion capital investment to build a grassroots...

Southwest Louisiana resin plant shuts down

CertainTeed's resin manufacturing plant in Westlake closed last week after more than 40 years of operation, The American Press reports. The plant employed 50 employees,...

Phillips 66 plans Louisiana refinery, pipeline investments

Houston-based Phillips 66 plans to pour significantly more into its capital budget next year as it expands its oil pipeline network, invests in its...

Another petrochemical expansion wave begins. Are we ready?

The last few years saw a tremendous inpouring of capital investment across the state that in 2016 and 2017 tapered off. The year 2018...

Sasol’s polyethylene unit is mechanically complete

The linear-low density polyethylene unit of Sasol's Lake Charles Chemicals Project is mechanically complete, and mechanical completion of the cracker is imminent, a company...

Gulf Coast logistics managers fret impending bottlenecks

A sharp increase in the export of petrochemicals in the last two years has contributed to a supply chain bottleneck and forced many Gulf...

Wanhua moving forward with $1.25 billion MDI chemical complex in Convent

Wanhua Chemical Group Co. Ltd. will develop a $1.25 billion chemical manufacturing complex in the St. James Parish community of Convent, Louisiana. The 250-acre...

Industrial construction will boost Baton Rouge economy over next two years

Renewed activity in the industrial construction sector is expected to help boost the Baton Rouge metro area economy in the coming two years, contributing...
Louisiana industry economy

The petrochemical industry is booming. Oil prices are rebounding. So why is Louisiana’s economy...

Like a rock tossed into a pond, the expansive industry in Louisiana has a nearly immeasurable ripple effect on the economy. This is particularly...
Bell Helicopter Lafayette Assembly Center

Bell Helicopter closing Lafayette Assembly Center

Bell Helicopter is closing its Lafayette Assembly Center. The move comes as Louisiana Economic Development is terminating its Cooperative Endeavor Agreement with the company and...

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