Subsidy Tracker Individual Entry

Company: 
Shell Chemical, LP
Parent Company: 
Royal Dutch Shell
Subsidy Source: 
State
Location: 
Louisiana
City: 
Geismar
County: 
Ascension
Address: 
7594 Hwy 75
Zip: 
70734
Project Description: 

Build new Linear Alpha Olefins (AO4), purchase of additional machinery & equipment, and increase in workforce at the Geismar faciltiy

Year: 
2019
Major Industry of Parent: 
oil and gas
Specific Industry of Parent: 
oil & gas
Subsidy Value: 
$13,104,428
Program Name: 
Enterprise Zone
Awarding Agency: 
Louisiana Economic Development
Type of Subsidy: 
tax credit
Number of Jobs or Training Slots: 
1,637
Wage Data: 
$467,900,000
Wage Data Type: 
Estimated Total Payroll
Capital Investment: 
$1,153,008,603
Notes: 

Year is application board approval date. Subsidy is the sum of Estimated 5 Year Payroll Credit and Estimated 5 Year S&U or Investment Tax Credit. Jobs is the sum of estimated 5 year new jobs, existing jobs, and estimated construction jobs, which equals the estimated total jobs. Wage data is the sum of estimated 5 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.

Source Notes: 
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