ExxonMobil Refinery to make major reinvestment in Baton Rouge
6 hours 56 minutes ago
Wednesday, June 09 2021
Jun 9, 2021
June 09, 2021 9:18 AM
June 09, 2021
in
News
Source: WBRZ
Share:
BATON ROUGE - On Wednesday, ExxonMobil Baton Rouge Refinery Manager David Oldreive announced the company’s final investment decision for more than $240 million in capital improvements at the ExxonMobil Baton Rouge Refinery.
The suite of projects will improve processing capability, increase flexibility for meeting market demand, advance overall site competitiveness and install technology for an expected 10 percent reduction of volatile organic compound emissions.
The projects will help retain 1,300 existing jobs at the refinery, and ExxonMobil estimates the upgrades will support more than 600 construction jobs on-site over three years.
ExxonMobil refinery to receive more than $240 MM in upgrades
6/9/2021
Gov. John Bel Edwards and ExxonMobil Baton Rouge Refinery Manager David Oldreive announced the company’s final investment decision for more than $240 million in capital improvements at the ExxonMobil Baton Rouge Refinery. The suite of projects will improve processing capability, increase flexibility for meeting market demand, advance overall site competitiveness and install technology for an expected 10% reduction of volatile organic compound emissions.
The projects will help retain 1,300 existing jobs at the refinery, and ExxonMobil estimates the upgrades will support more than 600 construction jobs on-site over three years. The investment also will provide more than 20 full-time job opportunities for graduates of the North Baton Rouge Industrial Training Initiative, a collaborative program spearheaded by ExxonMobil in 2012 to provide no-cost, fast-tracked industrial craft training for community residents.
ExxonMobil to make $240M upgrade at Baton Rouge refinery
ExxonMobil has made a final decision to invest $240 million to upgrade its refinery in Baton Rouge, state officials said Wednesday.
The project will improve processing capability, increase flexibility for meeting market demand, advance overall site competitiveness and install technology for a voluntarily 10% reduction of volatile organic compound emissions, a news release said. Construction is expected to begin later this year.
Around 1,300 existing jobs will be retained, and ExxonMobil estimates the projects will support more than 600 construction jobs on-site over three years, the release said. The investment also would provide more than 20 full-time job opportunities for graduates of the North Baton Rouge Industrial Training Initiative, a program launched by ExxonMobil in 2012 to provide no-cost, fast-tracked industrial craft training for community residents.
Blanco Public Policy Center at UL Lafayette examines economics of child care
Doug Dugas / University of Louisiana at Lafayette
Early care and education is the focus of the most recent public policy brief from the Kathleen Babineaux Blanco Public Policy Center at the University of Louisiana at Lafayette.
and last updated 2021-04-22 10:33:08-04
By UL Lafayette Office of Communications and Marketing
The Kathleen Babineaux Blanco Public Policy Center at the University of Louisiana at Lafayette examines the economics of early care and education in its most recent public policy brief.
âBlanco Center Policy Briefsâ provide high-level summaries of issues relevant to policy makers and voters in Louisiana.