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Started By
Message
Shell considering a $1.4 billion expansion project outside Baton Rouge
Posted on 4/28/22 at 9:12 am
Posted on 4/28/22 at 9:12 am
The Advocate
However......it's not a huge permanent jobs creator.
quote:
A few years after completing a $717 million expansion of its alpha olefins production facility in Geismar, Shell Chemical LP is eyeing another $1.4 billion project at the site to continue ramping up production.
Shell Chemical on Wednesday won approval from the state Board of Commerce and Industry for an Industrial Tax Exemption Program break for the $1.4 billion project, which the company says will create a “world scale” linear alpha olefin plant at the Geismar facility. Linear alpha olefins are used to make detergents, waxes, plastics and premium lubricants.
The Geismar expansion will be the sixth time Shell Chemical has deployed its “proprietary technology” at one of its sites to produce linear alpha olefins, according to the company’s application for the ITEP incentive.
However......it's not a huge permanent jobs creator.
quote:
Shell expects the linear alpha olefin expansion will create 12 permanent jobs with an average salary of $85,000, as well as 750 construction jobs.
11
Posted on 4/28/22 at 9:15 am to goofball
I am sold on being able to buy my premium lubes locally
Posted on 4/28/22 at 9:19 am to goofball
Truck Nuts [ON]/OFF
Posted on 4/28/22 at 9:19 am to goofball
Good to hear.
Now what's their plan for the old Convent refinery that they refuse to sell?
Now what's their plan for the old Convent refinery that they refuse to sell?
Posted on 4/28/22 at 9:21 am to dewster
quote:
Now what's their plan for the old Convent refinery that they refuse to sell?
Conversion to some type of Biodiesel plant
This post was edited on 4/28/22 at 9:21 am
Posted on 4/28/22 at 9:24 am to goofball
quote:
Shell expects the linear alpha olefin expansion will create 12 permanent jobs with an average salary of $85,000, as well as 750 construction jobs.
We welcome our incoming baws.
Posted on 4/28/22 at 9:26 am to goofball
One billion doesn’t get you very much
Posted on 4/28/22 at 9:28 am to Sgt_Lincoln_Osiris
umm, the baws filling all whopping 12 new jobs won’t be rig hands itching for a fresh set of truck nuts.
Posted on 4/28/22 at 9:28 am to Klark Kent
quote:
umm, the baws filling all whopping 12 new jobs won’t be rig hands itching for a fresh set of truck nuts.
In fairness, there's a lot of construction jobs for this. Louisiana needs those too.
The updates and expansion also probably help improve the viability of that facility in the medium term future. Which is also a good thing.
This post was edited on 4/28/22 at 9:30 am
Posted on 4/28/22 at 9:30 am to goofball
quote:
However......it's not a huge permanent jobs creator.
Employed by Shell... but what about service companies and suppliers.
Also, investments like these often help plants stay open longer and stay off the chopping block.
Posted on 4/28/22 at 9:31 am to Klark Kent
guess you missed the 750 other jobs for guys with truck nuts. They exist outside of oil rigs
quote:
as well as 750 construction jobs
This post was edited on 4/28/22 at 9:31 am
Posted on 4/28/22 at 9:32 am to Klark Kent
quote:
umm, the baws filling all whopping 12 new jobs won’t be rig hands itching for a fresh set of truck nuts.
Nope, but the 750 construction baws imported from Texas will be able to add an extra 2 inches to their lifts
This post was edited on 4/28/22 at 9:33 am
Posted on 4/28/22 at 9:34 am to goofball
They have been talking about Project Lotus for 3 years. I see the price tag has gone up $200 million in that time frame too.
Posted on 4/28/22 at 9:37 am to lsufb1912
my bad, by all means continue the truck nuts jokes.
TRUCK NUTS [ON] OFF
TRUCK NUTS [ON] OFF
Posted on 4/28/22 at 9:41 am to goofball
Does that place ever stop with the expansion projects? How do they expect to make a product when they’ve been working on that place for 10+ years now.
Posted on 4/28/22 at 9:50 am to goofball
Also in the article, the ITEP was approved for Mitsubishi's plant with 100 permanent new jobs.
quote:
The Board of Commerce and Industry on Wednesday also approved an ITEP application for MCC Methacrylates Americas Inc., a subsidiary of Mitsubishi Chemical Corp., for a new methyl methacrylate manufacturing facility in Geismar. Methyl methacrylate is used to make paint, adhesives, glazes, flat-screen computer monitors, acrylic barriers and lighting displays.
MCC Methacrylates Americas will receive a $16.8 million tax break in the first year of its contract while ponying up $4.2 million that same year. The project is expected to total nearly $1.37 billion in expenses and should generate 100 permanent new jobs with an average salary of $97,000.
Posted on 4/28/22 at 10:13 am to goofball
quote:
Shell Chemical on Wednesday won approval from the state Board of Commerce and Industry for an Industrial Tax Exemption Program break for the $1.4 billion project,
Can someone do the math on the cost of infrastructure stressing this project with create so we can see how much this will cost the tax payers? Since they aren't gonna pay property taxes and what not.
Posted on 4/28/22 at 10:48 am to dewster
quote:quote:In fairness, there's a lot of construction jobs for this. Louisiana needs those too.
umm, the baws filling all whopping 12 new jobs won’t be rig hands itching for a fresh set of truck nuts.
The updates and expansion also probably help improve the viability of that facility in the medium term future. Which is also a good thing.
I think that is what people fail to realize. The "permanent" jobs are just the number of company employed workers that the plant needs. They will have contract personnel onsite from day one and lots of support workers and crews that will be doing things like testing, certification, repairs, expansions, retrofits, etc.
Posted on 4/28/22 at 10:55 am to mdomingue
Posted on 4/28/22 at 10:59 am to Gee Grenouille
quote:
Can someone do the math on the cost of infrastructure stressing this project with create so we can see how much this will cost the tax payers? Since they aren't gonna pay property taxes and what not.
Are we going to pretend that the state has done so well at keeping LA30 from being functionally obsolete already?
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