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Growing the economy
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ExxonMobil's investment in our facilities means more
- Sales tax revenue
- Property tax revenue
- Payroll and economic ripple effects
- Funding for schools and teachers
- Funding for public safety
- Funding for infrastructure
- Funding for community initiatives
- And more
In 2023:
- ExxonMobil paid more than $158 million in total state taxes in Louisiana, including $80.7 million in property taxes and $67.3 million in sales and use taxes.
- ExxonMobil paid $93.2 million in total taxes in East Baton Rouge parish, including $57.7 million in local property taxes and $35.5 million in sales and use taxes.
- Both local property and sales taxes have increased over the past five years.
- More than 240 new employees were hired.
Innovation Suite
ExxonMobil works every day to create sustainable solutions that improve quality of life and meet society’s evolving needs. Our company remains determined to tackle head-on the challenge of strengthening energy supply security and reducing emissions to support a net-zero future.
Right now, there is a window of opportunity for Louisiana to be at the forefront of innovation. Three new proposed projects at ExxonMobil Baton Rouge can support American energy production, supply domestic technology markets and address plastic waste.
Learn more about the potential projects in our Innovation Suite:
Advanced Recycling
As we look to the future, ExxonMobil is working to support new products and processes to help society address plastic waste and reduce carbon emissions. With advanced recycling, more plastic materials can be recycled, especially plastics that are not easily recycled today.
This technology breaks down hard-to-recycle plastic waste like potato chip bags into the molecular level, creating feedstock that can be used to make new products like personal hygiene items and medical equipment.
An advanced recycling project would enhance the recycling infrastructure in Louisiana through collaboration with businesses and consumers across the state and region.
Ultra-Pure Isopropyl Alcohol for Microchips
During the pandemic, ExxonMobil Baton Rouge unit helped to supply the world with hand sanitizer.
Now, we have an opportunity to manufacture ultra-pure isopropyl alcohol to support microchip manufacturing in the U.S. through the CHIPS Act. This would be an incredible opportunity for the Capital Region to support an emerging market and manufacturing in the U.S. Our local operations would play a part in powering everything around us – our cars, our smartphones and much more.
New Resin Unit
State-of-the-art resins are used to make wind turbine blades, electric vehicle parts, anticorrosion coatings and materials for sustainable construction. They are durable as well as resistant to harsh chemicals and hot, wet environments. They are also up to 15 percent lighter than their alternatives.
A new resin blending and packaging facility would be located at Port Allen Lubricants Plant for wind turbine coatings and other industrial applications.
The Opportunity
In 2021, ExxonMobil was considering modernizing the Baton Rouge Refinery. This potential investment, known as the Baton Rouge Refinery Integrated Competitiveness (BRRIC) project, would improve processing capability, increase crude flexibility for meeting energy market demand, advance site competitiveness and install technology for a voluntary 10 percent reduction in volatile organic compound emissions.
The Results
- $230+ million invested in Louisiana
- $51.3 million in estimated 40-year property tax revenue
- $9.9 million in sales taxes paid during construction
- $17.5 million spent with small and diverse businesses
- $1.7 million spent with North Baton Rouge businesses
- 600 workers on-site during construction
- 17 NBRITI craft training graduates hired via expanded program
The Opportunity
In 2018, our company explored the possibility of bringing a significant investment to Baton Rouge: the Polypropylene Growth Project. From diapers for little ones to food packaging that can be reused and recycled, polypropylene is used in countless products in our everyday lives. The investment would meet growing demand for high-performance, lightweight and durable plastics, particularly for automotive parts that can improve fuel efficiency and reduce vehicle emissions.
The Results
- $448 million capital investment
- $22 million spent with small and diverse businesses
- $21 million in property tax revenue projected through 2040
- $20 million in new, local sales tax revenue generated during construction
- 65 new, full-time jobs
- 650 construction jobs
- Donated office space to North Baton Rouge nonprofits
- Supported Louisiana’s technology industry by creating virtual reality training modules and established virtual reality training labs at schools
- Donated surplus items to EBR School System, BREC, Rebuilding Together, Big Buddy and East Baton Rouge Sheriff’s Office
ExxonMobil recognizes diverse suppliers that are 51% owned, managed, and by one or more persons of ethnic minorities, women, people with disabilities, U.S. military veterans, LGBTQ, and small business according to the U.S. Small Business Administration in the U.S. Currently outside of the U.S., we recognize woman owned businesses and Indigenous Peoples in Canada.
Register
Our procurement professionals use several sources to identify qualified suppliers. Our supplier diversity database is the first stop in our supplier searches. Registration in our supplier diversity database will ensure that we have your most up-to-date business information.
Thanks to a grant from ExxonMobil, Baton Rouge Area Chamber (BRAC) launched the DRIVE Minority Business Accelerator powered by ExxonMobil in 2022. This year-long program provides minority business owners with tools to advance business operations, including financial management, marketing and sales, human resources, business strategy development, access to capital, contract development and much more.
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