Linde's $400 Million Investment in Louisiana's Low-Carbon Manufacturing Corridor
Key Ideas
- Linde is investing over $400 million to build the largest air separation unit along the Mississippi River in Donaldsonville, Louisiana, supporting low-carbon manufacturing.
- The new facility will supply nitrogen and oxygen to a $4 billion low-carbon ammonia production project, contributing to the reduction of greenhouse gas emissions.
- Louisiana offered Linde a competitive incentive package, creating 15 new direct jobs with salaries above the parish average and additional indirect job opportunities.
- The project aligns with a strategic push to position Louisiana as a national hub for climate-conscious manufacturing, attracting foreign investment and emphasizing economic development incentives.
Global industrial gases company Linde has announced a significant investment exceeding $400 million to construct the largest air separation unit along the Mississippi River in Donaldsonville, Louisiana. This new facility, set to commence construction in 2026 and be operational by 2029, is part of Louisiana's expanding low-carbon manufacturing corridor. The unit will supply nitrogen and oxygen to the Blue Point Number One project, a $4 billion low-carbon ammonia production initiative. Linde's participation in this project is crucial for supporting the production of clean ammonia, seen as a viable alternative to fossil fuels, particularly in hard-to-electrify sectors like maritime transport. The company's involvement will aid in reducing overall greenhouse gas emissions associated with ammonia use. The investment is backed by a competitive incentive package from the state of Louisiana, including participation in workforce support programs and tax exemption initiatives. This move is expected to create 15 new direct jobs with salaries exceeding the local average and bring additional indirect job opportunities to the region. Linde's expansion in Louisiana aligns with the state's goal of becoming a climate-conscious manufacturing hub, attracting foreign investments and emphasizing economic development incentives. Overall, the project showcases a positive step towards sustainable manufacturing practices and economic growth in the region.
Topics
Blue Hydrogen
Investment
Green Technology
Job Creation
Manufacturing
Carbon Reduction
Economic Development
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