Industrial investment surges in St. James Parish

Situated midway between the state’s two largest cities, St. James Parish has had a perfect vantage point to observe Baton Rouge and New Orleans as they deal with the benefits and challenges of industrial investment.

Yet St. James is not an idle bystander in south Louisiana’s economic development success. In the past five years, Louisiana’s second-smallest parish (in total area) has become one of the busiest areas in the state for new industrial investment.

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Chinese company kicks off 1.5-bln-USD methanol project in U.S. state of Louisiana

ST. JAMES, United States, Sept. 18 (Xinhua) — St. James was a little-known parish along the Mississippi River in the U.S. southern state of Louisiana. But now it is well-known as it has attracted the largest Chinese-invested green field project in the Mexican Gulf Coast region.

Shandong Yuhuang Chemical Co., Ltd., a private company based in eastern China’s Shandong province, Friday held a groundbreaking ceremony to celebrate the kick-off of its 1.5-billion-U.S.-dollar methanol project in St. James Parish.

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9.18.15 Governor Jindal And Shandong Yuhuang Chemical Chairman Jinshu Wang Highlight Groundbreaking For $1.85 Billion Methanol Project In Louisiana

VACHERIE, La. — Today, Gov. Bobby Jindal and Chairman Jinshu Wang of Shandong Yuhuang Chemical Co. Ltd. highlighted the start of construction on Yuhuang Chemical Inc.’s $1.85 billion methanol complex. State, regional and local officials joined Chairman Wang, CEO Charlie Yao of Yuhuang Chemical Inc., the project team and visiting Chinese dignitaries as they formally broke ground on the first of three phases of the world-scale, methanol-manufacturing complex. The ceremonial groundbreaking followed a project celebration event for community members, invited guests, and federal, state and local officials at the St. James High School Auditorium. Yuhuang Chemical Inc., a subsidiary of Shandong Yuhuang Chemical Co. Ltd., will develop the manufacturing complex along the Mississippi River in St. James Parish. The project represents the first major foreign direct investment in Louisiana by a company from China. Read More on the Web
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Amec Foster Wheeler Awarded Contract for World-Scale Methanol Plant

Amec Foster Wheeler announces today the award of a contract by Yuhuang Chemical Inc. (YCI), a US-based subsidiary of Shandong Yuhuang Chemical Company Co. Ltd (SYCC), its first major project in the US, a 1.7 million tons per year world-scale methanol facility on the Mississippi River in St. James Parish, how does levitra work Louisiana. Under the contract, the value of which has not been disclosed, Amec Foster Wheeler will be providing engineering, project management, procurement and early construction services. The intention is to extend this into a full scope EPC contract during 2016 on mutually agreed terms. Read More on the Web
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