Louisiana economic development chief says the state is not discouraged by ExxonMobil Chemical Co. and Saudi Basic Industries Corp.’s decision to build the “world’s largest” ethane cracker plant in neighboring Texas. Exxon and its Saudi partner, SABIC, announced today that they have chosen to build the roughly $10 billion, 1,300-acre plastics complex at a site
Louisiana loses $10B petrochemical project to Texas
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