CARLYSS, LA (KPLC) - A dormant ethane cracker in Carlyss will be restarted, creating more than 600 direct and indirect jobs in Southwest Louisiana, Gov. Bobby Jindal announced Wednesday in a news release.
The announcement of the $175 million project was made in conjunction with Indorama Ventures CEO Aloke Lohia.
Bangkok, Thailand-based Indorama Ventures, or IVL, acquired the dormant facility and 250 acres. It was previously owned by OxyChem, but has sat dormant for several years.
The project will create 125 new direct jobs with an average annual salary of $50,000, plus benefits, Jindal and Lohia said. Louisiana Economic Development estimates the project will result in an additional 481 new indirect jobs, for a total of more than 600 new jobs in Southwest Louisiana. The company estimates the project will generate up to 600 construction jobs at peak building activity.
IVL already produces purified ethylene oxide and mono ethylene glycol in the U.S. Jindal and Lohia said the project in Carlyss will generate a production capacity of 370,000 metric tons of ethylene and 30,000 metric tons of propylene per year, with the facility capable of processing both ethane and propane.
Discussions began in April 2015, Jindal and Lohia said.
"To secure the project, the State of Louisiana offered the company a competitive incentive package that includes a $1.5 million performance-based grant to offset site infrastructure costs," Jindal said. "IVL also will receive the comprehensive workforce solutions of LED FastStart – the nation's No. 1 state workforce development program. In addition, the company is expected to utilize Louisiana's Quality Jobs and Industrial Tax Exemption programs."