Posted by
Message
goofball
Navy Fan
Member since Mar 2015
15368 posts

Shell considering a $1.4 billion expansion project outside Baton Rouge

The Advocate

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.


MAXtheTIGER
LSU Fan
Member since Dec 2006
661 posts

I am sold on being able to buy my premium lubes locally


Replies (0)
Replies (0)
130
Sgt_Lincoln_Osiris
LSU Fan
Baton Rouge
Member since Dec 2014
1033 posts

Truck Nuts [ON]/OFF


dewster
LSU Fan
Chicago
Member since Aug 2006
22912 posts

Good to hear.

Now what's their plan for the old Convent refinery that they refuse to sell?


Pledge
Oklahoma State Fan
Professional Baw
Member since Sep 2015
808 posts

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 at 9:21 am


Replies (0)
Replies (0)
90
OysterPoBoy
USA Fan
City of St. George
Member since Jul 2013
28313 posts

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.


Replies (0)
Replies (0)
41
The Boat
Duke Fan
Tim McGraw Country
Member since Oct 2008
147356 posts

One billion doesn’t get you very much


Replies (0)
Replies (0)
60
Klark Kent
LSU Fan
Houston via BR
Member since Jan 2008
60235 posts
 Online 

umm, the baws filling all whopping 12 new jobs won’t be rig hands itching for a fresh set of truck nuts.


dewster
LSU Fan
Chicago
Member since Aug 2006
22912 posts

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 at 9:30 am


GetBackToWork
LSU Fan
Member since Dec 2007
5733 posts

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.


lsufb1912
LSU Fan
Louisiana
Member since Aug 2021
4263 posts

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 at 9:31 am


Sgt_Lincoln_Osiris
LSU Fan
Baton Rouge
Member since Dec 2014
1033 posts

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 at 9:33 am


Replies (0)
Replies (0)
90
absolute692
USA Fan
US of A, MFer
Member since Feb 2007
3928 posts

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.


Klark Kent
LSU Fan
Houston via BR
Member since Jan 2008
60235 posts
 Online 

my bad, by all means continue the truck nuts jokes.

TRUCK NUTS [ON] OFF



Replies (0)
Replies (0)
10
sta4ever
LSU Fan
Member since Aug 2014
10140 posts
 Online 

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.


Replies (0)
Replies (0)
03
Sgt_Lincoln_Osiris
LSU Fan
Baton Rouge
Member since Dec 2014
1033 posts

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.





Replies (0)
Replies (0)
60
Gee Grenouille
Alcorn St. Fan
Bogalusa
Member since Jul 2018
2263 posts

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.


mdomingue
LSU Fan
Lafayette, LA
Member since Nov 2010
16304 posts
 Online 

quote:

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.


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.


PureBlood
USA Fan
The Motherland
Member since Oct 2021
1503 posts



Replies (0)
Replies (0)
30
goofball
Navy Fan
Member since Mar 2015
15368 posts

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?


Replies (0)
Replies (0)
40
first pageprev pagePage 1 of 2next pagelast page

Back to top

logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram