Energy shocks related to the Ukraine crisis could have an upside for Louisiana's petrochemical industry, though businesses and other consumers may pay more for gasoline and electricity, says David Dismukes, who directs the LSU Center for Energy Studies.
The Louisiana Board of Commerce and Industry on Wednesday will take up an estimated $8.8 million in payroll tax benefits and sales tax rebates for SNF Holding Company’s expansion of its polymer production plant near Plaquemine.
ExxonMobil’s $500 million addition to its Scenic Highway polyolefins plant is about 75% complete, with startup expected before the end of the year, officials say.
EnLink Midstream and Talos Energy are jointly offering carbon capture, transportation and sequestration for industrial-scale emitters in Louisiana, the companies announced Tuesday.
Origin Materials, a “carbon-negative materials company,” plans to invest at least $750 million to develop a biomass manufacturing facility in Ascension Parish, state and company officials announced this morning.
Syrah Resources plans to invest $176 million to expand its Syrah Technologies graphite processing facility in Vidalia, state and company officials announced today.