Landry Announces Bond Allocation For Chevron’s Geismar Expansion Project
13/02/2024(Biodiesel Magazine), On Feb. 5, at the Louisiana Mid-Continent Oil and Gas Association’s annual conference, Louisiana Gov. Jeff Landry announced a $100 million bond allocation for the expansion project at Chevron’s Geismar renewable diesel plant. This expansion project is expected to bring 90 new permanent jobs and 1,500 temporary jobs. While there, he also signed a proclamation and an executive order on behalf of the oil and gas industry. The proclamation states that Louisiana is open for business and our administration will work tirelessly to ensure the oil and gas industry can thrive in our state. The executive order directs the Louisiana Department of Natural Resources and the Louisiana Department of Environmental Quality to promote the streamlining of permitting processes associated with the oil and gas industry.
“The Oil and Gas Industry built Louisiana and keeps our economy moving. Our administration will always be a strong voice for this industry and support the vital jobs it creates. This project will not only benefit Louisiana’s hardworking men and women, but it will also help reduce our carbon emissions. I am thrilled to announce this funding, and I look forward to seeing the incredible benefits this project will bring to our state,” Landry said.
“Chevron is very grateful to Governor Landry for his support of our improvement and expansion project at our renewable diesel production facility in Geismar,” said Daniel Dascher, Geismar plant manager. “This project helps us to advance our goal of providing affordable, reliable, ever-cleaner energy through the production of lower carbon intensity fuel.”