Shell Chemical LP recently announced it has begun construction for a $717 million linear alpha olefins manufacturing plant in Geismar, La. The project reportedly will make the location the largest single-site producer of alpha olefins in the world.
In addition, the Shell Chemical project will retain 650 existing jobs in Geismar, create 20 new direct jobs, and result in an estimated 93 new indirect jobs, for a total of more than 110 new jobs in the Capital Region and surrounding areas. The three-year project will reportedly culminate with Shell Chemical beginning operation of the new manufacturing plant in early 2018. At peak building activity, the project is expected to generate 1,500 construction jobs.
Top 5 News that Sticks for February 29-March 5
1. Shell Breaks Ground on $717 Million Olefins Plant (#1 last week)
2. Epoxy Technology Celebrates 50 Years (#3 last week)