Shell Chemical will invest $717 million to build a new linear alpha olefins unit at its Geismar, Louisiana, complex, the company announced today. The 425-kilotons-per-year unit will make Shell Geismar the largest alpha olefins production site in the world.
Louisiana Economic Development estimates the project will create 20 new direct jobs with an average salary of $104,000 per year, 93 indirect jobs and 1,000 construction jobs at peak building activity. Construction is set to begin in the first quarter of 2016, and the unit is expected to start up in 2018.
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