Louisiana Looks Onshore for $46 Billion Industrial Project Boost

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Researched by Industrial Info Resources (Sugar Land, Texas)--Offshore woes aside, industrial development in Louisiana looks promising as industrial firms develop more than 450 major industrial projects totaling about $46 billion in the state, according Industrial Info's North American Project Database.

The onshore Oil & Gas Production Industry leads the way with more than $14 billion in planned projects. Most of this amount comes from plans by Cheniere Energy Incorporated's (AMEX:LNG) (Houston, Texas) to build an LNG liquefaction plant at the company's Sabine Pass LNG terminal in Cameron, Louisiana. For details on Cheniere's plans, see June 18, 2010, article - Cheniere to Build First U.S. LNG Liquefaction Plant to be Designated for Export in 30 Years.

Other industries planning major work in Louisiana include the Chemical Processing Industry, with 163 projects totaling $4.5 billion, and the Power Industry, with 66 projects totaling $4.8 billion.

Click on the image at right to view a chart showing the breakdown of active industrial projects in Louisiana by industry.

Louisiana's sweet potato farmers will get a boost when a new frozen sweet potato plant begins operation late this year. Conagra Lamb Weston Limited (Kennewick, Washington) is progressing with construction of a $156 million, grassroot sweet potato processing plant in Delhi, Louisiana. The plant is expected to begin operations in November 2010. In addition to Conagra's project, 50 projects are currently under construction in Louisiana, totaling more than $5.7 billion.

Later this year, Georgia-Pacific LLC (Atlanta, Georgia), a unit of Koch Industries Incorporated (Wichita, Kansas), is planning to begin work to add a towel and tissue machine at the company's pulp and paper mill in Port Hudson, Louisiana. The project is part of a company-wide plan to build two new paper machines in North America. For details see April 8, 2010, article titled - Georgia-Pacific Considers Louisiana Site for New Tissue Paper Machine.

View Project Report - 300013021 2006985 300009735

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