State board approves ExxonMobil’s ITEP request

Baton Rouge economy
ExxonMobil's refinery in Baton Rouge. (Photo by Tim Mueller)
The Louisiana Board of Commerce and Industry voted unanimously this morning at its virtual meeting to approve ExxonMobil’s request for a property tax abatement, worth some $20 million over 10 years, for its proposed $240 million modernization project at its north Baton Rouge refinery.

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