USA: Facility Expansion Oxychem Plans 145 Million Dollar Expansion Project in Louisiana
Oxychem plans to ramp up its production in Geismar, Louisiana: The American company has announced intends to invest some US $ 145 million in a new production line for next-generation refrigerants.
Geismar, Louisiana – Based on research and development by Oxychem, the new product shall enable the efficient production of next-generation refrigerants, which have lower global-warming and ozone depletion potential.
“We’re proud to see great employers like Occidental Chemical continue to make new investments in Louisiana,” stated Louisiana’s Governor John Bel Edwards said. “This expansion testifies to the productivity of our highly skilled, Louisiana-grown talent, and we commend Oxychem for their dedication to our state. With many decades of operation here, OxyChem is unfolding a new chapter of success in Louisiana while retaining existing jobs and adding great new career opportunities.”
Construction work for the expansion will begin in May 2016 with completion anticipated in late 2017. Oxychem is expected to utilize Louisiana’s Quality Jobs and Industrial Tax Exemption incentive programs.
In Louisiana, Oxychem manufactures and distributes chlorine, caustic soda (sodium hydroxide), hydrogen, chlorinated organics, ethylene dichloride and potassium hydroxide. In addition to Geismar, the company has facilities in Convent, Luling and Hahnville, where it also generates surplus electricity.