Industrial Info Tracks $16.2 Billion in Planned Second-Quarter Project Starts in Louisiana

Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking more than $16.2 billion in projects planned to kick off construction in Louisiana from April through June this year. The Chemical Processing Industry, with more than $9.6 billion in planned projects, leads in terms of project value, followed by the Oil & Gas Production Industry, with $4 billion.

Click on the image at right for a breakdown by industry of planned second-quarter 2019 project starts in Louisiana.

One of Louisiana's top planned projects only recently got the go-ahead to commence. The U.S. Federal Energy Regulatory Commission in late February gave the green light for Venture Global LNG LLC's (Washington, D.C) planned Calcasieu Pass liquefied natural gas (LNG) production and export terminal. That was followed earlier this month by the Department of Energy's authorization for the facility to export LNG to countries without a free trade agreement with the U.S. Construction on the first phase of the project, which entails five modules, each capable of producing 1 million metric tons per year, is expected to begin next quarter. This could be followed by a second phase later on to produce an additional 5 million tons. G.E Oil & Gas Incorporated (Oklahoma City, Oklahoma) is the technology provider, and Kiewit Energy Company (Houston, Texas) is providing engineering, procurement and construction (EPC) on the project, which has an estimated total investment value (TIV) of $5.5 billion. For more information, see Industrial Info's project reports on Phase I and Phase II. Venture Global recently said it would like to expand its total LNG production operations to 60 million metric tons per year eventually.

Among the largest projects that could begin construction next quarter is Formosa Plastics Corporation's (Taipei, Taiwan) Phase I construction of a grassroot petrochemicals complex in Saint James Parish. The project would include a 2.6 billion-pound-per-year ethylene unit and downstream derivatives units. The project is part of the company's larger Sunshine Project, which has an estimated TIV of $9.4 billion. Fluor Corporation (NYSE:FLR) (Irving, Texas) is providing engineering. The first phase of construction could be complete in early 2023. For more information, see Industrial Info's project report.

Another large project helps propel the Chemical Processing Industry to the top. Lake Charles Methanol LLC (Houston, Texas) is in the late planning stage for a grassroot petroleum coke-to-methanol plant in Westlake, Louisiana. The plant would include a gasification system to process petroleum coke into 1 million metric tons per year of methanol, 400,000 tons per year of sulfuric acid and 60 million cubic feet per day of gases. The plant would have a carbon-capture system in place for the deposit and storage of unused carbon-dioxide byproduct. Construction could begin next quarter, for completion in the first half of 2021. Fluor is providing EPC on the project, which also includes construction of a 240-megawatt cogeneration unit addition. For more information, see Industrial Info's project reports on the methanol complex and cogeneration addition.

In the Terminals Industry, Tallgrass Energy Partners LP (NYSE:TGE) (Leawood, Kansas) plans to begin construction of its Plaquemines Liquids Terminal to export crude oil. For more information on the $1.5 billion project, see Industrial Info's project report and March 14, 2019, article - Crude Oil Export Terminals Spring Up as U.S. Shipments Grow.

The Industrial Manufacturing Industry also makes a showing with the addition of a new terminal building at the Lafayette Regional Airport. The project entails construction of a 120,000-square-foot new terminal building. Reynolds Smith & Hills Incorporated (Denver, Colorado) is the architect and engineer, while The Lemoine Company (Lafayette) and Manhattan Construction Company (Houston) are the general contractors. For more information, see Industrial Info's project report.

Nucor Corporation (NYSE:NUE) (Charlotte, North Carolina) is planning to begin work at its direct reduced iron plant in Convent, Louisiana, in the upcoming quarter. Among the work to be done is a raw materials handling and storage project, and upgrades to the process gas heater. Construction is expected to be completed in early 2020. For more information, see Industrial Info's project reports on the materials handling and storage project, and the process has heater upgrades.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.