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
Notes: 

Subsidy value is estimated ten-year property tax exemption. Jobs figure is number of new positions.

Source Notes: 
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