Originally Posted on The Advocate
Occidental Chemical Corp. announced a $145 million expansion of the company’s manufacturing plant in Geismar to make refrigerants.
OxyChem said Monday its expansion will create 12 new jobs with an average salary of $80,000 a year, plus benefits. The plant employs 400 OxyChem employees and contractors.
The project includes equipment for producing a new raw material to be used in the making next generation of climate-friendly refrigerants.
Louisiana’s economic development department estimates the project will result in another 37 new indirect jobs in Ascension Parish and surrounding areas.
Construction work for the expansion will begin in May with completion anticipated in late 2017. The company estimates the expansion also will create 250 construction jobs at peak building activity.
OxyChem is expected to utilize Louisiana’s Quality Jobs and Industrial Tax Exemption incentive programs.