British-Based Arq Eyes St. Rose, Louisiana, Industrial Plant
01/18/2021
The facility will produce the company’s proprietary Arq Fuel product and will entail a thermal drying facility; blending and product-handling equipment; transportation infrastructure; and storage tanks.
“Arq’s St. Rose facility is an important investment and milestone in our company’s ambitions to make a transformative impact in the energy industry,” Arq CEO Julian McIntyre said. “The Arq Fuel we produce at St. Rose and blend into liquid fuels is responsibly sourced transition fuel, which is providing a lower-cost bridge to a cleaner future. As Arq worked on locating its initial U.S. Gulf Coast facility, the State of Louisiana, St. Charles Parish Economic Development and Greater New Orleans Inc. team have been extremely helpful, and we are looking forward to working and growing together in Louisiana.”
The site, owned by International-Matex Tank Terminals, or IMTT, will receive an intermediate wet-cake material produced from discarded mined materials, and will transform it into a cleaner and valuable blending component for oil products entering the power-generation and marine industries. The facility will receive intermediate product from its site in Corbin, Kentucky, for final drying, blending and shipment to customers.
“Arq’s investment is confirmation that Louisiana’s highly skilled workforce and transportation infrastructure continue to make the state a prime destination for new investments,” Governor John Bel Edwards said. “The innovative processes Arq will deploy in Louisiana show that we can build on our state’s legacy as an energy leader by developing new energy solutions for the future.”
LED began discussing a potential project with Arq in January 2019. Arq evaluated multiple sites across the U.S. Gulf Coast before selecting the site in St. Rose. To secure the project, the State of Louisiana will be providing the company with an opportunity to participate in the state’s Quality Jobs and Industrial Tax Exemption programs.
“The combination of an attractive site and a well-trained workforce allowed St. Charles Parish to emerge as the preferred location in the country for this project,” said President and CEO Michael Hecht of GNO Inc. “Arq’s innovative technology will showcase how greater New Orleans can be a leader in both value-added manufacturing and clean energy, and we look forward to supporting their success.”
Based in London with U.S. headquarters in Kentucky, Arq is an energy technology company that recycles mining waste into its proprietary fuel. The fuel’s lower greenhouse-gas profile will help industries meet evolving regulatory demands. Arq’s process creates a nearly pure hydrocarbon product and does not require the extraction of any new natural resources from the earth.
Project Announcements
Local Bounti Plans Pasco, Washington, Indoor Agricultural Operations
04/26/2024
Innovative Construction Group Plans Siler City, North Carolina, Production Operations
04/26/2024
Crystal Window and Door Systems Plans Mansfield, Texas, Headquarters-Production Operations
04/25/2024
JDSAT Expands Fairfax County, Virginia, Operations
04/25/2024
Trussworks Mid-America Plans Jackson, Missouri, Manufacturing Operations
04/25/2024
Epic Flight Academy Establishes Hebron, Kentucky, Operations
04/25/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024