Entergy Louisiana inks agreements to supply power to LACC and Lotte Chemical Louisiana facilities

09-Jun-16

Entergy Louisiana, LLC has entered into two agreements to supply power to LACC, LLC and Lotte Chemical Louisiana LLC facilities in southwest Louisiana. Under the contract, Entergy Louisiana could supply up to 30 megawatts of power monthly to LACC's ethylene cracker facility, as well as 45 megawatts of power to Lotte's mono-ethylene glycol (MEG) plant. Both chemical plants will be located on the same piece of property in Lake Charles.
"Entergy Louisiana is proud to partner with LACC and Lotte to power these state-of-the-art facilities," said Phillip May, Entergy Louisiana president and CEO. "With our largest single transmission project in Entergy history currently under construction in theLake Charles area, this region literally has the power to grow."
LACC is a joint venture between Axiall Corporation, based in Atlanta, Georgia, and Lotte Chemical Corporation of South Korea. Both companies are recognized in the chemistry sector for their cutting-edge and ethical approach to operations. When the LACC plant begins operations in late 2018, it will produce one million metric tons of ethylene per year. Upon completion of the MEG plant, Lotte plans to export more than 600 kilotons per year to customers abroad. The projects are a combined US$3 billion investment.