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MegadealsSubsidy Tracker Individual Entry
Company: PQ, LLC
Parent Company:
Ecovyst Inc.
Subsidy Source: state
Location: Louisiana
City: Pineville
County: Rapides
Address: 4000 Pardue Rd
Zip: 71360
NAICS Industry Code: 325180
Project Description: This project will install new refractory for a furnace and ancillary systems to provide PQ LLC. with the capability to convert silica sand and soda ash into sodium silicate to supply various end markets including; refining catalysts manufacturing, construction materials and green tires. We anticipate a nearly 10% improvement in production capabilities from the new installation. This installation is necessary to increase the competitiveness of the facility and position the site as a long-term asset for PQ, LLC. Without this installation, the facility would not be viable in the market or within the portfolio of other PQ locations.
Year: 2023
Major Industry of Parent: chemicals
Specific Industry of Parent: chemicals
Subsidy Value: $331,908
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: $168,000
Wage Data Type: Estimated New Payroll
Capital Investment: $4,069,000
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.