ExxonMobil has plans for a new facility in West Baton Rouge specializing in manufacturing durable resins for use in sustainable construction and renewable energy.
The manufacturing and construction sectors boosted the Baton Rouge area’s GDP by almost $2.2 billion between 2021 and 2022, according to the Baton Rouge Area Chamber’s monthly economic indicator dashboard released today.
The East Baton Rouge Metro Council later this month will consider granting a property tax exemption to ExxonMobil estimated to be worth about $8.6 million over 10 years.
Green hydrogen is being touted around the world as a clean energy solution to take the carbon out of high-emitting sectors like transport and industrial manufacturing.