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MegadealsSubsidy Tracker Individual Entry
Company: Shell Chemical LP
Parent Company:
Shell PLC
Subsidy Source: local
Location: Louisiana
City: Geismar
County: Ascension
Address: 7594 Hwy 75
Zip: 70734
NAICS Industry Code: 325100
Project Description: Geismar Plant
Year: 2021
Major Industry of Parent: oil and gas
Specific Industry of Parent: oil & gas
Subsidy Value: $1,868,304
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 3
Wage Data: $321,360.00
Wage Data Type: Estimated New Payroll
Capital Investment: $30,486,000
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.