BATON ROUGE, La. – CF Industries Holdings, Inc., announced it is evaluating a site in Ascension Parish for construction of a proposed $2 billion blue ammonia production facility that would create 103 direct new jobs in the Capital Region with an estimated average annual salary of $110,582 plus benefits. LED estimates the project would result… Read more »
CF Industries Announces $198.5 Million Plan to Produce Blue Ammonia at Donaldsonville Complex
CF Industries plans to invest $198.5 million to construct a CO2 compression and dehydration unit at its Ascension Parish plant in an effort to reduce carbon emissions at what it says is the largest ammonia production facility in the world. The project would create 12 new direct jobs with average salaries of $100,000 per year… Read more »
BASF investing $19.8 million in Ascension
BASF announced they will invest $19.8 million in its Ascension Parish manufacturing complex to increase production of the chemical intermediates HEP and NOP, which are part of the global supply chain for inkjets, dishwashing detergents, crop protectors, and automotive and electronic products. With the expansion, BASF will retain more than 1,000 existing jobs at the… Read more »
BASF Commits $780 Million to Complete Geismar Chemical Plant Expansion
On July 19, 2022, BASF announced a final investment decision on a $780 million project to double production capacity at its chemical manufacturing complex in Ascension Parish, marking the beginning of the third and final phase of an expansion plan announced in 2018. Counting all three expansion phases and other site investments, BASF will retain… Read more »
Origin Materials Announces $750 Million Sustainable Materials Facility in Ascension Parish
Gov. John Bel Edwards and Origin Materials, a carbon-negative materials company committed to leading the global transition to sustainable materials, announced that the company plans an investment of at least $750 million to develop a biomass manufacturing facility in Ascension Parish that will result in 1,057 new direct and indirect jobs. The plant in Geismar… Read more »
Louisiana Governor Edwards and Air Products Announce Landmark U.S. $4.5 Billion Blue Hydrogen Clean Energy Complex in Eastern Louisiana
October 14, 2021 – Today, Louisiana Governor John Bel Edwards and Air Products Chairman, President, and Chief Executive Officer Seifi Ghasemi are announcing a $4.5 billion clean energy complex to be built in Louisiana that will make the state a leader in the United States (U.S.) clean energy transition. Air Products is a world-leading industrial… Read more »
Ascension Economic Development Corporation Receives Excellence in Economic Development Award from the International Economic Development Council
Nashville, TN, October 5 – Ascension Economic Development Corporation won a Gold Rank for its Impact of Industry, a project in the category of Multimedia/Video Promotion of the International Economic Development Council (IEDC). The honor was presented today at an awards ceremony during the IEDC Annual Conference, which is currently underway. “Ascension Parish community residents… Read more »
IMTT to Expand Renewable Fuels Terminal Capacity
By IMTT News Team on Aug 25, 2021 New Orleans, LA – International-Matex Tank Terminals LLC (“IMTT”) is pleased to announce its next major project in the renewable fuels space. Consistent with our desire to build infrastructure to support our customers’ low-carbon fuels strategy, IMTT will build additional tanks, pipeline, and dock infrastructure at its… Read more »
Ascension Parish Named ‘Small Market of the Year’ by Southern Business & Development
GONZALES, La., August 4, 2021 — Today, Southern Business & Development named Ascension Parish, Louisiana the magazine’s 2021 Small Market of the Year in a title shared with Jackson County, Georgia. This is the first year Ascension Parish has been awarded this honor for best economic development results in the South. Helping secure Ascension’s top… Read more »
1,4GROUP Proposes $35 Million Chemical Plant In Ascension Parish
Louisiana Economic Development — Today, Gov. John Bel Edwards and 1,4GROUP Chairman John Forsythe announced the company is considering Ascension Parish, Louisiana, for a potential $35 million chemical processing facility. The proposed plant would manufacture two products: an insect repellent and a preservative for potatoes in storage. The project would create 34 new direct jobs… Read more »