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: 

Expansion. Expansion of Butanediol plant. - BDO Unit Firewater systems - tis is an addition to the current asset - a reroute of a section, approximately 150 feet of the piping underground to make room for additional production assets along with the addition of 2 hydrant/monitors along the new path of the underground piping for this system

Year: 
2017
Major Industry of Parent: 
chemicals
Specific Industry of Parent: 
chemicals
Subsidy Value: 
$7,498,176
Program Name: 
Industrial Tax Exemption
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
0
Wage Data: 
$0
Wage Data Type: 
new annual payroll
Capital Investment: 
$45,888,470
Notes: 

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

Source Notes: 
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