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MegadealsSubsidy Tracker Individual Entry
Company: Shell Chemical LP
Parent Company:
Shell PLC
Subsidy Source: state
Location: Louisiana
City: Geismar
County: Ascension
Address: 7594 Hwy 75
Zip: 70734
NAICS Industry Code: 325110
Project Description: This project will construct a new Poly Alpha Olefins (PAO) plant within Shell's existing Geismar, Louisiana manufacturing facility. This PAO project will accompany the construction of a new world scale Linear Alpha Olefin (LAO) plant that was approved by the Board of Commerce & Industry in April 2022 (20220083-ITE). PAO is a synthetic lubricant base stock derived from LAO. Integrating PAO into the scope of the LAO project (20220083-ITE) will enable full integration of the ethylene value chain, from cracker through base oil. The machinery & equipment for the PAO project will include major items such as reactors, distillation columns, heat exchangers, compressors, pumps, piping, instrumentation (pressure, temperature, flow gauges, transmitters). Linear alpha olefins will be fed to PAO oligomerization reactors. After going through heat exchange, the reactor product is pumped to a distillation column where PAO catalyst and crude PAO product are separated. The crude PAO product goes through additional steps such as hydrogenation (hydrogen addition in a reactor) and fractionation (separation via a distillation column) to create PAO streams that meet desired product specifications.
Year: 2022
Major Industry of Parent: oil and gas
Specific Industry of Parent: oil & gas
Subsidy Value: $31,383,552
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 12
Wage Data: $924,000
Wage Data Type: Estimated New Payroll
Capital Investment: $512,000,000
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.