Governor Jindal, Dyno Nobel announce feasibility study for $800 million project in Jefferson Parish

Source: NBC23tv.com

Waggaman, La — Today, Governor Bobby Jindal and Simon Atkinson, president of Dyno Nobel International, announced the company will complete a $30 million study to establish the feasibility of building an $800 million ammonia production facility in Waggaman. The plant would produce 750,000 metric tons per year at Cornerstone Chemical Company’s existing complex on the west bank of the Mississippi River in Jefferson Parish.
The proposed project would create 50 new permanent jobs for Cornerstone Chemical, while Dyno Nobel would create another 10 new permanent jobs at the site. The 60 new direct jobs would result in 440 new indirect jobs. Salaries for the new direct jobs would average nearly $58,000 per year, plus benefits, and the project would retain 441 existing Cornerstone jobs.

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 “The plant is on a brownfield chemical complex site,” Atkinson said. “The site currently has several downstream chemical plants operating and one that would off-take ammonia from the plant. In addition, it has a capital advantage, as the infrastructure for the ammonia plant already exists.”

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