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State board OKs ITEP breaks for ‘blue’ ammonia, ‘green’ methanol plants

Por: The Advocate Business August 24, 2023

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The Louisiana Board of Commerce and Industry on Wednesday approved property tax breaks for a trio of industrial projects that, should they come to fruition, aim to reduce the state’s carbon footprint., a $4.6 billion “blue” ammonia plant set to be built in St. Charles Parish on land owned by New Orleans-based International-Matex Tank Terminals, won a pair of Industrial Tax Exemption Program contracts that would provide a combined break of... + full article



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