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MegadealsSubsidy Tracker Individual Entry
Company: ExxonMobil
Parent Company:
Exxon Mobil
Subsidy Source: local
Location: Louisiana
City: Baton Rouge
Project Description: refinery upgrade
Year: 2011
Major Industry of Parent: oil and gas
Specific Industry of Parent: oil & gas
Subsidy Value: $118,895,273
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy:
MEGADEAL
Source of Data: The value of the subsidy package is taken from 2011 Board of Commerce & Industry Incentive Approvals, pp. 76.; available online at:
(click here)
Notes: In 2010 ExxonMobil finished construction of an ultra-low sulfur-diesel production unit in its Baton Rouge's refinery, for which the company received property tax exemptions worth $118.9 million over 10 years. This amount is listed separately in the main Subsidy Tracker data in a 2011 Industrial Tax Exemption entry. There was no reported information on other subsides for the project.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.