WAGGAMAN, La. (AP) — Dyno Nobel International is doing a feasibility study to determine whether it will build an $800 million ammonia production facility in the New Orleans area.
The company announced its plans Wednesday with Gov. Bobby Jindal.
If constructed, the plant would produce 750,000 metric tons per year at Cornerstone Chemical Company's location on the west bank of the Mississippi River in Jefferson Parish. An ammonia plant operated at the site before closing more than a decade ago.
The study will cost $30 million. Utah-based Dyno Nobel will announce its decision next year.
Simon Atkinson, president of Dyno Nobel International, says if built, the project would create 60 new permanent jobs, averaging $58,000 annual salaries.