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Subsidy Tracker Individual Entry

Company: PHILLIPS 66 PARTNERS LP
Parent Company: Phillips 66
Subsidy Source: local
Location: Louisiana
City: WESTLAKE
County: Calcasieu
Address: 2200 OLD SPANISH TRAIL
NAICS Industry Code: 32411
Project Description: Start-Up/New. The proposed project is a refining isomerization unit and related support equipment, which would rearrange the atoms in a carbon molecule so that the product has the same chemical formula but a different structure to increase octane needed for premium gasoline. Major items proposed for construction are two reactor systems, a recycle gas compressor system, make-up hydrogen
Year: 2017
Major Industry of Parent: oil and gas
Specific Industry of Parent: oil & gas
Subsidy Value: $29,456,700
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 2
Wage Data:  $200,000
Wage Data Type: new annual payroll
Capital Investment:  $182,000,000
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.