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MegadealsSubsidy Tracker Individual Entry
Company: Bercen Chemicals LLC
Parent Company:
Subsidy Source: state
Location: Louisiana
City: Denham Springs
County: Livingston
Address: 30140 Eden Church Road
Zip: 70726
NAICS Industry Code: 325998
Project Description: Manufacturing plant capacity expansion to produce specialty alkyl succinic anhydrides with corresponding raw materials and finished goods storage and handling. Relocation and expansion of product packaging capabilities. Storage and material handling capabilities to allow for broadening of product offering to include polyisobutylene succinic anhydrides and derivatives for the fuel and lubricant additive markets. New equipment includes chemical reactors, distillation equipment, product packaging equipment, racking, valves, pumps, piping, automated control system, storage tank, control workstations and necessary instrumentation. Real property improvements will include a new loading dock, warehouse building improvements and on site driveway expansion.
Year: 2021
Subsidy Value: $1,239,355
Program Name: Quality Jobs Program
Awarding Agency: Louisiana Economic Development
Type of Subsidy: tax credit
Number of Jobs or Training Slots: 101
Wage Data: $27,105,100.00
Wage Data Type: Estimated Total Payroll
Capital Investment: $14,800,000
Source of Data:
(click here)
Notes: Year is application board approval date. Subsidy is the sum of Estimated 10 Year Payroll Credit and Estimated 10 Year S&U or Investment Tax Credit. Jobs is the sum of estimated 10 year new jobs, existing jobs, and estimated construction jobs, which equals the estimated total jobs. Wage data is the sum of estimated 10 year payroll, existing payroll, and estimated construction payroll, which equals the estimated total payroll. Investment data is the sum of Estimated Building And Material, Estimated Machinery And Equipment, and Estimated Labor And Engineering which equals the Total Estimated Investment.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.