Updated: Industry cheers ExxonMobil Baton Rouge expansion, calls for further ITEP reform

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Industry groups are celebrating ExxonMobil’s long-awaited announcement this morning that Baton Rouge will be the site of the company’s new polypropylene production unit, a project valued between $500 million and $1 billion. And for those pointing out the decision came despite two recent ExxonMobil ITEP rejections, the industry groups urge caution, noting that much of

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