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$145M expansion planned for Geismar manufacturing facility

7 months 3 weeks 1 day ago April 18, 2016 Apr 18, 2016 Monday, April 18 2016 April 18, 2016 11:45 AM in News
Source: Associated Press
Image via: oxy.com

GEISMAR - Occidental Chemical Corporation plans a $145 million expansion of its OxyChem manufacturing plant in Geismar to produce material that will be used in refrigerants.
    
Gov. John Bel Edwards and Occidental President Rob Peterson announced the plans Monday, saying the plant expansion will create 12 new jobs with an average salary of $80,000 annually.
    
In Louisiana, OxyChem also has manufacturing facilities in Convent, Luling and Hahnville.
    
The governor's office says the new product to be made in the Geismar plant expansion will be used in "next-generation, climate-friendly" refrigerants.
    
Construction on the expansion is expected to start in May and to wrap up in late 2017.
    
OxyChem will get tax breaks from the state for the expansion, through Louisiana's quality jobs and industrial tax exemption programs.

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