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MegadealsSubsidy Tracker Individual Entry
Company: LACC, LLC US
Parent Company:
Subsidy Source: local
Location: Louisiana
City: Westlake
County: Calcasieu
Address: 2200 Bayou D'Inde Pass
NAICS Industry Code: 325110
Project Description: Start-Up/New. Newly formed LACC, LLC a joint venture between Axiall Corporation and Lotte Chemical USA Corporation proposes to construct an ethane cracker to produce 1 million tons/yr of ethylene nearly adjacent to Axiall's existing chemical manufacturing plant in Westlake, LA. Ethylene is produced by steam cracking of Ethane. Ethylene is obtained from Ethane with
Year: 2017
Subsidy Value: $304,478,400
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 135
Wage Data: $10,200,000
Wage Data Type: new annual payroll
Capital Investment: $1,832,000,000
Source of Data:
(click here)
Notes: Subsidy value is estimated ten-year property tax exemption. Jobs figure is number of new positions.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.