News

Instead of DEQ fines, plant sees tax breaks after explosion
by Claire Taylor

Multi-Chem, a Halliburton-owned business that blends chemicals for oilfield production, including fracking, paid no state environmental fines when its New Iberia plant exploded in 2011.

Instead, the company received an expedited environmental permit frowny2to build a new plant in Vermilion Parish without public notice or a public hearing and was granted $1.8 million in state property tax exemptions over a 10-year period to build the new plant.

Now the company wants a permit to discharge water from its Vermilion Parish facility into area waterways and some residents aren’t happy.
. . “

http://www.theadvertiser.com/story/money/business/2014/07/25/multi-chem-environmental-fines-plant-blast-lenient-taxes-new-plant/13185065/

Louisiana Industrial Tax Exemption Study [PDF]

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One thought on “News

  1. Paul Beckwith talks about methane hydrates (frozen) –
    his channel has more.
    Recall a big pool of frozen methane is in the Gulf.

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