GEISMAR, LA (WAFB) - Louisiana Governor Bobby Jindal and Shell Chemical announced Monday morning that 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 direct jobs, with an average annual salary of $104,000, plus benefits, while retaining 650 existing jobs at Shell Geismar. In addition, Louisiana Economic Development estimates the project will result in 93 new indirect jobs, for a total of more than 110 new jobs in the Capital Region and surrounding areas.
The company estimates the project will generate 1,000 construction jobs at peak building activity.
The unit will produce chemicals used to produce a variety of consumer and industrial products including plastics, synthetic lubricants, drilling fluids and household detergents.
Construction is set to begin next year and operations should get underway in 2018.
The Ascension Parish project will be the fourth alpha olefins unit at Shell Chemical's Geismar plant, which has been in operation since 1967.
The alpha olefins unit will be constructed within the 800-acre Shell Geismar site.