UBE to build $500M chemical plant in Jefferson Parish, Louisiana

UBE Corporation will invest $500 million to build its first U.S. manufacturing facility for EV battery ingredients DMC and EMC in Jefferson Parish, Louisiana. The project is expected to create 9 direct jobs and 300 construction jobs.

“This $500 million investment reinforces Louisiana’s leadership in the electric vehicle battery components supply chain.”opportunitylouisiana.gov

• 2 sources
• opportunitylouisiana.govJapanese Chemical Company UBE Announces $500 Million Investment to Build Louisiana Facility to Serve Growing EV Battery Market - LED | Louisiana Economic DevelopmentFeb 29, 2024
• kedm.orgJapanese chemical company UBE Corporation announced it will invest $500 million to establish the first U.S. manufacturing facility for EV battery ingredientsKEDM Public RadioMar 1, 2024

Summarized from public sources; check the original articles before acting on it.