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MegadealsSubsidy Tracker Individual Entry
Company: Syrah Technologies LLC
Parent Company:
Subsidy Source: State
Location: Louisiana
City: Vidalia
County: Concordia
Address: 2001 D.A. Biglane Rd.
Zip: 71373
Project Description: Syrah Technologies LLC manufacturing process will lead to the production of 1,000 metric tons per year of high purity spherical graphite from flake graphite for use in the manufacture of battery anode material for lithium ion batteries used in electric vehicles. The manufacturing process enabled by improvements to this industrial facility in Vidalia, will convert a commodity mineral, namely flake graphite, into a high-performance material, specifically, purified spherical graphite suitable for use in the anodes of modern lithium-ion batteries. Through this process, both the physical and chemical properties of the raw material graphite are changed. Graphite flake concentrate of approximately 95% purity will be delivered as a powder in sealed super sacks to the plant as raw material. The graphite raw material will be transferred to a screw feeder, which will distribute the graphite into a series of air classifying mill (ACM) units. The ACM units convert the flake graphite into spherical form with a specified average diameter. The next step of the process purifies the spherical graphite via leaching with a dilute aqueous solution of hydrogen chloride (HCl) and hydrogen fluoride (HF). The leaching removes the impurities in the graphite, raising the purity to a minimum of 99.95%. Following the acid leaching, the solids will be re-pulped, washed, filtered, and then routed to the product drying area. At this point the graphite solids are in the form of a filter cake with approximately 35% residual moisture. This residual moisture is removed in a dryer, and the resultant powder product is loaded into sealed super sacks for storage or shipment to customers. To enable the manufacturing process described above, several improvements will be made to the previously unoccupied industrial facility recently acquired by Syrah Technologies LLC in Vidalia, LA. First, the building itself will be upgraded to support the equipment and other infrastructure used to effect the milling, chemical purification, drying, and packaging steps in the manufacturing process. These upgrades include selective reinforcement of the building slab and the renovation of internal structures to accommodate a state of the art analytical laboratory. Next, the electrical infrastructure needed to support a facility of this type will be installed. This features the erection of a motor control center building as well as the procurement and installation of a wide variety of electrical equipment such as a motor control center, variable speed drives, and a switchboard. In parallel with the electrical infrastructure a milling and shaping line consisting of 25 millsets (each millset includes two air classification mills, a classifier, and a baghouse) will be installed. This will be followed by the procurement and installation of a chemical purification train consisting of an array of pumps, filters, heat exchangers, and tanks as well as a product drying train. Finally, a material handling system that introduces raw material to the mill train, conveys and stores intermediate product, and stores and packages final product will also be installed.
Year: 2019
Subsidy Value: $638,749
Program Name: Quality Jobs Program
Awarding Agency: Louisiana Economic Development
Type of Subsidy: tax credit
Number of Jobs or Training Slots: 115
Wage Data: $11,059,519
Wage Data Type: Estimated Total Payroll
Capital Investment: $28,885,000
Source of Data:
(click here)
Notes: Year is application board approval date. Subsidy is the sum of Estimated 10 Year Payroll Rebate and Estimated 10 Year S&U or Investment Tax Credit. Jobs is the sum of estimated 10 year new jobs, existing jobs, and estimated construction jobs, which equals the estimated total jobs. Wage data is the sum of estimated 10 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.
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