First-of- it's- kind plant to build in LA

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Posted: Dec 2, 2010 1:03 PM by Trey Schmaltz
Source: WBRZ, State of Louisiana

  Rating: 5.0 (1 vote)

Topics: economy, Louisiana, jobs, plant, polymer

LAKE CHARLES- Louisiana was chosen over Africa, Asia, Europe, and the Middle East for a new chemical plant. The company, Sasol Ltd. will expand it's operations in Southwest Louisiana.

The new facility will use ethylene to produce polymer- the basic chemical needed to manufacture plastic. It's the first facility of its kind, in the world.

The project will create 36 new jobs with salaries around $60,000. 350 jobs at the current plant will be kept. Construction starts in 2011 and the plant is set to open in 2013.

Economic analysts estimate the plant could generate $120 million in new state taxes over the next ten years.

Read more about the company- click HERE.

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