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MegadealsSubsidy Tracker Individual Entry
Company: Westlake Chemical OpCo LP
Parent Company:
Westlake Chemical
Subsidy Source: local
Location: Louisiana
City: Sulphur
County: Calcasieu
Address: 900 Highway 108
NAICS Industry Code: 325110
Project Description: Addition. Westlake Chemical Corporation is planning to expand the Petro One unit in order to provide additional ethylene to support the existing polyethylene units that Westlake operates. The expected annual average rate for the expansion is 4.2 MMPPD which is equivalent to an annual incremental capacity of 252 MMlbs of ethylene product per year. The main scope of the project is to
Year: 2017
Major Industry of Parent: chemicals
Specific Industry of Parent: chemicals
Subsidy Value: $74,459,870
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 35
Wage Data: $29,200,000
Wage Data Type: new annual payroll
Capital Investment: $460,054,804
Source of Data:
(click here)
Notes: Subsidy value is estimated ten-year property tax exemption. Jobs figure is number of new positions.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.