More Good News For Ascension Parish: Shell Chemical $717 million Expansion

There’s been more than a dozen good economic news reports for Ascension Parish in 2015 and here’s the first for 2016: “Shell Chemical to spend $717 million to expand Geismar plant” per WBRZ News report and video. 

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Per WBRZ News, “

Shell Chemical LP will develop a new linear alpha olefins manufacturing unit at the company’s Ascension Parish complex. The project will include a $717 million capital investment and create 20 new jobs, with an average annual salary of $104,000, plus benefits, while retaining 650 existing jobs at Shell Geismar. The company estimates the project will generate 1,000 construction jobs at peak building activity. Hardy says construction will begin during the first quarter of 2016, and the unit is expected to begin operations in 2018.”

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NOTE: Local Ascension Parish REALTOR® Randy Anderson collects these Good News articles and catalogs them here: Good News For Our Area

randy-anderson

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