Category: Uncategorized

Renewable Energy Group Completes Dynamic Fuels Acquisition

AMES, Iowa–(BUSINESS WIRE)–Renewable Energy Group, Inc. (NASDAQ: REGI) announced today that its wholly-owned subsidiary, REG Synthetic Fuels, LLC, has completed its acquisition of the remaining 50% ownership interest in Dynamic Fuels, LLC, previously owned by Tyson Foods, Inc. (NYSE: TSN). As a result of last Tuesday’s closing of its purchase of substantially all of the… Read more »

Iowa firm to acquire full control of shuttered Geismar biofuels plant

Following an announcement in December that it would acquire a 50% stake in a shuttered renewable diesel production facility in Geismar from Tulsa, Oklahoma-based Syntroleum Corp., Ames, Iowa-based Renewable Energy Group Inc. announced today that it has also secured an agreement with Springdale, Ark.-based Tyson Foods Inc. to acquire the other 50% stake in the plant. The… Read more »

$2.8 million industrial safety training center opens

April 28, 2014 GONZALES — Contract workers employed in the construction, power and petrochemical industries will be able to get federally mandated training at a new $2.8 million center opening Monday in Gonzales. The Alliance Safety Council is opening its newest training facility, an 11,000-square-foot center, in Gonzales’ new Edenborne Development, which replaces the safety council’s… Read more »

DOTD studying road use

Traffic builds along with industrial jobs on La. 30 DOTD studying road use BY DAVID J. MITCHELLdmitchell@theadvocate.comFebruary 24, 2014 GEISMAR — After-work drinks in hand and the evening sun fading, George Richards and his buddies shot the breeze in a corner of the Chevron gas station parking lot at La. 30 and La. 73 in Ascension… Read more »

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 »