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Driftwood LNG developer pays down $57M in debt

A company hoping to begin construction on a $16.8 billion LNG export project in Louisiana this summer has paid down $57 million of its...

Stepan Company acquires Louisiana fermentation plant

Stepan Company last week announced it has closed on the acquisition of a shuttered  fermentation plant in Lake Providence. Financial terms of the transaction were...

Sempra LNG wants to build a new salt dome facility in Louisiana

Sempra LNG's LA Storage has asked the Federal Energy Regulatory Commission for permission to build a new salt dome facility in Louisiana near Hackberry,...

Ingevity expanding Louisiana facility, upping polyol production by 40%

Ingevity Corporation is adding caprolactone polyol production capabilities at its facility in DeRidder. The North Charleston, South Carolina based company said in an announcement late...

Plaquemines LNG now backed by $500M loan

Venture Global LNG Inc has closed on a $500 million term loan with several banks with the intention of using some of the proceeds...

Crest Industries starting new specialty chemicals company in Louisiana

Crest Industries is creating a new specialty chemicals company that will manufacture innovative products at the Central Louisiana Regional Port in Alexandria. Crest Industries will...
Bullish on global markets, ExxonMobil is considering a multibillion-dollar plan to double U.S. light crude oil refining capacity along the Gulf Coast.

Exxon on the hunt for Baton Rouge suppliers

ExxonMobil is on the hunt for Baton Rouge suppliers to take part in its planned $410 million refinery project. According to The Associated Press, a...

Norco plant to complement Port Arthur renewable diesel facility

Darling and Valero recently announced that their 50/50 joint venture, Diamond Green Diesel (DGD), has received approval to begin construction of a renewable diesel...
Shintech

Shintech investing $1.3B to expand facilities in Iberville, West Baton Rouge

Shintech Louisiana is investing $1.3 billion to expand its manufacturing and packaging facilities in Iberville and West Baton Rouge parishes, Gov. John Bel Edwards’...

Loren Scott: State could recover all jobs lost from pandemic

After originally predicting last fall that it could take up to two full years for Louisiana to recover all the jobs lost since the...

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