Competitive Advantages for Process Industries
Home to more than 150 petrochemical manufacturers and 19 refineries, Louisiana offers considerable strategic advantages for companies in the process industries. From legacy sectors like chemicals and refining to innovative technologies leveraging low cost feedstock, the state’s abundance of talent, infrastructure and natural resources provide unparalleled opportunities. Globally recognized companies such as Dow, ExxonMobil, Honeywell and Methanex have established or expanded operations in Louisiana and are benefiting from the state’s unique advantages.
At the core of Louisiana’s competitive advantages is the strength of its business climate. In recent years, the state has enacted reforms to create an atmosphere that Forbes magazine called “America’s new frontier for business opportunity." Louisiana now ranks in the Top 10 states for business climate in the U.S., according to Area Development, Development Counsellors International and Site Selection.
“In our experience, Louisiana is a state that understands the challenges of modern business, particularly those challenges encountered by the energy and chemical sectors. As a result of this understanding, LED has created an environment which attracts new business and provides the private sector with the opportunity to expand and flourish.”