Announcement
17 Dec 2015
In 2015 the state of Louisiana provided incentives to an ethane producer.
Source
Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
Implementation date
17 Dec 2015
Revocation date:
17 Dec 2025
The companies also received Economic Development Award Program incentives of $700,000 for the ethane cracker and $1.47 million for the MEG facility to pay for site infrastructure improvements.
On December 17, 2015 Governor Bobby Jindal and Axiall Corp. and Lotte Chemical Corp. executives announced the companies will make a combined $3 billion capital investment in two new chemical manufa...
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