Louisiana fuel refinery plans $150M in expansion projects
KROTZ SPRINGS, La. (AP) - A Louisiana refinery will spend $150 million on expansion projects over the next five years.
Delek US President and CEO Uzi Yemin announced Thursday the energy company is upgrading its Krotz Springs refinery over five years, creating 30 new jobs with average annual salaries of $90,000 plus benefits.
The refinery manufactures gasoline, diesel fuel, petrochemicals and other products.
Gov. John Bel Edwards was with Yemin in St. Landry Parish for the announcement. He met with Yemin on a recent trip to Israel, and credited that visit with helping lead to the expansion plans.
The governor's office said Delek US also considered sites in Texas and Arkansas. Louisiana is giving the company a four-year $7.5 million grant to make dock terminal improvements, and the company will get state tax breaks.