Subsidy Tracker Individual Entry

Company: 
Williams Olefins LLC
Parent Company: 
Mubadala Investment Company
Subsidy Source: 
local
Location: 
Louisiana
City: 
Geismar
County: 
Ascension
Address: 
5205 Highway 3115
NAICS Industry Code: 
325110
Project Description: 

Addition. This project consisted of two primary objectives. The first objective was to install additional Geismar Plant piping along with using new reconfigurations for processing efficiencies. In conjunction with this new control boards and instrumentation were also added along with other plant upgrades including large valves, opylene fractionator reboilers and overhead condensers, water treatment

Year: 
2017
Major Industry of Parent: 
diversified
Specific Industry of Parent: 
diversified
Subsidy Value: 
$8,797,678
Program Name: 
Industrial Tax Exemption
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
0
Wage Data: 
$0
Wage Data Type: 
new annual payroll
Capital Investment: 
$54,356,986
Notes: 

Subsidy value is estimated ten-year property tax exemption. Jobs figure is number of new positions.

Source Notes: 
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