Subsidy Tracker Individual Entry

Company: 
Praxair, Inc.
Parent Company: 
Linde
Subsidy Source: 
local
Location: 
Louisiana
City: 
Geismar
County: 
Ascension
Address: 
9154 Highway 75
NAICS Industry Code: 
325120
Project Description: 

Start-Up/New. Praxair plans to install a syngas separation unit (SSU) that will produce high purity carbon monoxide (CO) and hydrogen (H2) from an offgas containing H2 and CO. The SSU consists of feed gas compression, process gas treating, carbon dioxide removal, CO purification and compression, H2 purification and compression, and fuel gas compression. BASF will supply the offgas to Praxair and

Year: 
2017
Major Industry of Parent: 
industrial services
Specific Industry of Parent: 
industrial gas
Subsidy Value: 
$16,222,200
Program Name: 
Industrial Tax Exemption
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
8
Wage Data: 
$800,000
Wage Data Type: 
new annual payroll
Capital Investment: 
$100,229,840
Notes: 

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

Source Notes: 
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