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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: This is the Phase A application of a frontend project 20200094 which is to expand manufacturing plant capacity to produce specialty alkyl succinic anhydridesthe, expansion of packing capabilities, installation of new equipment, a new loading dock and other site improvements. The portion of the overall project that was completed in 2021 includes the purchase and installation of chemical reactor equipment and some minor warehouse upgrades. Additional project costs incurred include the purchase and installation of distillation equipment, packaging equipment, instrumentation, valves, tank bladders and piping.
Year: 2023
Subsidy Value: $41,490
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 8
Wage Data: $600,000
Wage Data Type: Estimated New Payroll
Capital Investment: $594,577
Source of Data:
(click here)
Notes: Year is Application Board Approval Date. Subsidy is the Estimated First Year Exemption multiplied by 5 (the number of subsidy years). Jobs figure is number of new positions. Investment data is the sum of Estimated Building And Material, Estimated Machinery and Equipment, and Estimated Labor And Engineering which equal the Total Estimated Investment. The subsidy can be renewed for additional 5 years. Search for possible associated entries.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.