St. Charles Clean Fuels Proposes $4.6 Billion Reduced-Carbon Ammonia Facility in St. Rose

URLhttps://www.expansionsolutionsmagazine.com/st-char
SourceExpansion Solutions Magazine
Date Published04/19/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name St. Charles Clean Fuels
Parent companyCopenhagen Infrastructure Partners
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):216
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2027
Capital investment ($):4600
Country(ies) from which reshored:Denmark
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredammonia
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training
Government Incentive dollar amount:$6 million performance-based grant for infrastruct
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