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Monsanto Investing $196M at Louisiana Plant

Agricultural and tech company Monsanto plans to invest $196 million over the next 18 months to expand its glyphosate manufacturing facility in Luling, Louisiana. The company plans to increase the site's manufacturing capacity for the Roundup brand agricultural herbicide by approximately 20 percent, which would increase the overall global supply of glyphosate by more than 10 percent. More than 30 new positions will be created at the completion of the expansion in 2010, while 300 to 350 construction-related jobs will be created in the interim. At the same time, Monsanto will undertake an energy-reduction project at the facility, implementing a hydrogen recovery process that will enable the company to reduce natural gas costs and better conserve and utilize hydrogen, a by-product of the glyphosate manufacturing process. The project should reduce greenhouse gas emissions at the facility by an estimated 128 million pounds, which company officials compare to a carbon footprint that would be generated by more than 9,000 around-the-world airplane trips annually.


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