Bank of America is betting on carbon capture
Carbon capture is getting a boost from a landmark tax-credit deal with Bank of America that is one of the largest-ever investments in the...
Mechanical contractor to build steel, pipe manufacturing facility at Port of Lake Charles
Process Service Specialists (PSS) plans to open a $3.5 million steel manufacturing plant at the Port of Lake Charles, reports Plant Services.
The new plant...
What does LED’s restructuring entail?
Louisiana Economic Development Secretary Susan Bourgeois began an internal restructuring of the department in January when she stepped into her new role. She spoke...
I-10 bridge project in Lake Charles gets notice to proceed
Construction to replace Louisiana’s most notorious bridge on Interstate 10 could finally begin this year, ultimately clearing a national chokepoint for cross-country commerce.
Republican Gov....
Greenfield halts plan to build $800M terminal in St. John the Baptist Parish
Greenfield Louisiana LLC announced last week that it would no longer build its proposed $800 million grain export facility near a historically Black community...
Energy giants refocusing on LNG after biofuel expectations flop
Biofuels are the latest green energy investment to disappoint, leaving the hopes of oil and gas giants pinned on liquefied natural gas, The Wall Street...
EV battery component manufacturing poised to be Louisiana’s next big industry
It’s not likely that Louisiana’s fledgling electric vehicle battery industry would even exist without federal assistance, but state economic leaders really don’t care.
As Baton...
Jefferson Davis ITEP committee approves portion of $440 million solar project
A newly formed Jeff Davis Parish Industrial Tax Exemption Program (ITEP) committee approved a request Wednesday for a 10-year industrial tax break for a...
Report questions economic feasibility of a $1.3B Ascension chemical plant
A $1.3 billion chemical production facility to be built in Ascension Parish by Japanese conglomerate Mitsubishi is economically questionable and unnecessarily increases greenhouse gas...
Argent LNG selects GTT onshore tank technology for Port Fourchon facility
Argent LNG has selected GTT onshore tank technology for its LNG facility at Port Fourchon, reports Technology Today. GTT's innovative containment systems will be...
