Subsidy Tracker Individual Entry

Company: 
BASF Corporation
Parent Company: 
BASF
Subsidy Source: 
local
Location: 
Louisiana
City: 
Geismar
County: 
Ascension
Address: 
8404 River Road
NAICS Industry Code: 
325100
Project Description: 

Start-Up/New. This project expanded the Alkoxylation Capacity at the BASF Geismar Surfactants Plant. The original application was filed in 2015. This application is for assets that were placed in service in 2017.

Year: 
2017
Major Industry of Parent: 
chemicals
Specific Industry of Parent: 
chemicals
Subsidy Value: 
$1,544,634
Program Name: 
Industrial Tax Exemption
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
43
Wage Data: 
$6,500,000
Wage Data Type: 
new annual payroll
Capital Investment: 
$9,543,613
Notes: 

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

Source Notes: 
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