Subsidy Tracker Individual Entry

Company: 
Arkema, Inc.
Parent Company: 
Arkema
Subsidy Source: 
local
Location: 
Louisiana
City: 
Hahnville
County: 
St Charles
Address: 
355 Highway 3142
NAICS Industry Code: 
325100
Project Description: 

Addition. Arkema SCO currently controls its process facility using a MOD5 control system leased to Arkema by Dow. The Emerson DeltaV control system, owned by Arkema, must be completely installed prior to December 31st, 2016 as the current license to operate the leased system expires. The new control system is necessary to ensure that the products are made safely, efficiently and per

Year: 
2017
Major Industry of Parent: 
chemicals
Specific Industry of Parent: 
chemicals
Subsidy Value: 
$1,476,401
Program Name: 
Industrial Tax Exemption
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
1
Wage Data: 
$90,000
Wage Data Type: 
new annual payroll
Capital Investment: 
$8,710,329
Notes: 

Subsidy value is estimated ten-year property tax exemption. Jobs figure is number of new positions.

Source Notes: 
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