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MegadealsSubsidy Tracker Individual Entry
Company: Indorama Ventures Olefins LLC
Parent Company:
Indorama Ventures
Subsidy Source: local
Location: Louisiana
City: West Lake
County: Calcasieu
Address: 4300, Hwy 108
Zip: 70669
NAICS Industry Code: 325110
Project Description: Indorama
Year: 2018
Major Industry of Parent: chemicals
Specific Industry of Parent: plastics
Subsidy Value: $31,831,716
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 125
Wage Data: $8,400,000.00
Wage Data Type: Estimated New Payroll
Capital Investment: $393,348,358
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.