Subsidy Tracker Individual Entry
LOTTE Chemical Louisiana LLC proposes to build a 700 KTA (1.5 Billion lbs/yr) MonoEthylene Glycol (MEG) plant which will be fully integrated with LACC's planned 1,000 KTA (2.2 billion lbs/yr) Ethylene cracker adjacent to Axiall's existing Lake Charles, LA chlor alkali manufacturing site. The plant's design capacity will make it the largest MEG plant in the United States. The MEG products produced will be sold to customers mainly in the U.S., Europe and Asia.
Year is application board approval date. Subsidy is the sum of Estimated 10 Year Payroll Rebate 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.