Category: Uncategorized

Gov. Jindal And Westlake Chemical CEO Albert Chao Highlight Completion Of New Chlor-Alkali Plant In Geismar

2.19.14 Gov. Jindal And Westlake Chemical CEO Albert Chao Highlight Completion Of New Chlor-Alkali Plant In Geismar Chemical company’s capital investment of $425 million creates 70 new direct jobs in Ascension Parish GEISMAR, La. — Today, Gov. Bobby Jindal and Westlake Chemical President and CEO Albert Chao highlighted the company’s completion of a $425 million… Read more »

Ascension investments top $1 billion for third year

January 24, 2014The Advocate Staff Report Capital investments for new and expanding businesses in Ascension Parish topped $1 billion in 2013 for the third consecutive year. The Ascension Economic Development Corp. released a report on capital investments that said the nine projects announced in 2013 will create about 250 new jobs and generate more than $11 million… Read more »


GONZALES, LA (January 14, 2014) – Emerson Process Management, a business of Emerson, is expanding its presence in Louisiana with a new $16.7 million service center and regional campus in Gonzales. The first-of-its-kind in North America, this new Emerson facility will be home to a service center, regional headquarters, training center and custom valve manufacturing… Read more »

Renewable Energy Group to buy Syntroleum Corp.

Renewable Energy Group Inc., of Iowa, will acquire Syntroleum Corp., which owns half of a biofuels plant in Geismar, for 3.8 million shares of stock. Those shares, based on Tuesday’s closing price of $10.56, were valued at $40 million. Based in Tulsa, Okla., Syntroleum has pioneered technologies for converting gas to liquids and renewable diesel… Read more »

Almatis completes acquisition of Ormet’s Burnside alumina refinery

12/13/2013 •  Major investment to secure long-term supply of specialty alumina feedstock•  Backward integration to further develop specialty alumina expertiseAlmatis, the world’s leading supplier of premium alumina for the refractory, ceramic and polishing industries, has today announced the completion of the purchase of the alumina refinery at Burnside, Louisiana/USA from the Ormet Corporation. The acquisition… Read more »

Honeywell Announces Major Investments To Increase HFO-1234yf Production In the United States

12/10/2013  Honeywell Announces Major Investments To Increase HFO-1234yf Production In The United States   New plant in Geismar, Louisiana, will help meet growing global demand for environmentally-friendlier automobile refrigerant with global warming potential of less than 1, a 99.9% improvement over the current refrigerant  MORRIS TOWNSHIP, N.J., Dec. 10, 2013 – Honeywell (NYSE: HON) announced today… Read more »

River corridor between N.O., BR is home for much of state’s industrial boom

Rolling on the RiverBY RICHARD THOMPSONrthompson@theadvocate.comNovember 09, 2013 “What we’re seeing right now is almost like the industry is trying to make up for 30 years of losses in eight years.” David dISMUKES, associate director of LSU’s Center for Energy Studies Louisiana is enjoying its biggest industrial boom since the oil bust in the 1980s,… Read more »

Louisiana Rises To No. 6 In National Business Climate Ranking

11.4.13 Louisiana Rises To No. 6 In National Business Climate Ranking Louisiana earns its highest-ever ranking in Site Selection magazine’s evaluation of top states for attracting business investment, jobs BATON ROUGE, La. — Today, Gov. Bobby Jindal hailed Louisiana’s rise to No. 6 in the Site Selection 2013 Top U.S. Business Climates, the state’s highest-ever placement in… Read more »

Ascension (LA) Economic Development Corp. Wins Gold Medal as Highest Performing EDO: Most Capital Investment Announced ($3.5 billion over the last 12 months)

Philadelphia, PA (USA) – October 6, 2013 – Ascension (LA) Economic Development Corp. has been named the gold medal winner in the Most Capital Investment Announced category for economic development organizations. As part of Atlas Advertising’s High Performance Economic Development Benchmarking Survey, Ascension (LA) Economic Development Corp. reported $3.5 billion in capital invested over the… Read more »

Governor Jindal And Shell Announce Company’s Selection Of Ascension Parish For A Potential World-Scale, Gas-To-Liquids Facility

Proposed Gulf Coast GTL project, subject to final approval by Shell, would result in 740 new direct jobs with an expected average salary of $100,000, plus benefits; Louisiana Hwy. 70 proposed expansion to accommodate potential project BATON ROUGE, La. — Today, Governor Bobby Jindal and Shell announced the selection of Ascension Parish as the location… Read more »