
$550 Million Methanol Plant Project Could Be Built in Shreveport

Keep your fingers crossed, because there's a very good chance Shreveport is about to get blessed in the "new business," and "new, high-paying jobs," departments.
Shreveport Could Be the New Home of Green Energy in NW Louisiana
According to a report from the Shreveport Times, the renewable-energy experts at Bia Energy are considering the Port of Caddo-Bossier in Shreveport as the new location of their massive "blue" methanol plant project. Reportedly, this megastructure will cost somewhere in the neighborhood of $550 Million. The company has already scouted out the location and gathered the data they will need to make a decision to build the cutting-edge, carbon-capturing methanol plant.
If Bia Energy Chooses Shreveport, It Will Mean Hundreds of New Jobs
If Bia Energy does decide to build this high-tech plant in Shreveport, they will start construction on a 74-acre plot at the Port of Caddo-Bossier as early as mid-2022. The building phase is set to last 2 years, surely benefitting construction companies in the area. Once it's built, the facility will reportedly bring hundreds of jobs to the area. More precisely: 75 direct new jobs with an average annual salary of $80k plus benefits and 390 indirect jobs that support the new plant. That's a total of 465 new jobs in our little corner of Louisiana.
Bia Energy Will Make Their Decision on the Shreveport Plant Sometime in the Next 3 Months
Now it's time to hurry up and wait. Bia Energy is set to make their decision sometime within the 1st quarter of 2022.
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