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ExxonMobil Invests In Baton Rouge Refinery

ExxonMobil Refinery to make major reinvestment in Baton Rouge

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

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 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.

Metro Council discusses Exxon ITEP, downtown parking woes, potential changes to home rule charter

Metro Council discusses Exxon ITEP, downtown parking woes, potential changes to home rule charter EBR Metro Council approves 10-year tax break for Exxon By Lester Duhé | February 24, 2021 at 10:45 PM CST - Updated February 24 at 10:45 PM BATON ROUGE, La. (WAFB) - There was a big East Baton Rouge Parish Metro Council meeting on February 24. The metro council voted unanimously to approve a 10-year tax break for ExxonMobil, worth around $23 million dollars a year. The tax break will allow the company to upgrade its oil refinery. (Source: WAFB) “We thought it was wise to support it, so we approved it unanimously,” said Councilman Lamont Cole, Mayor Pro Tempore.

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