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Chemical manufacturer moving headquarters to Louisiana

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A chemical manufacturer is moving its headquarters from Houston to Lake Charles.

 

Gov. John Bel Edwards and Lotte Chemical USA announced Thursday its headquarters will be located with its $1.1 billion chemical plant under construction in the city.

 

The two facilities will create 130 new jobs with an average annual salary of more than $80,000 plus benefits, according to the governor's office. Fifty of the jobs are tied to the headquarters move. The plant is expected to start operations in 2019.

 

Lotte Chemical is a leading manufacturer of petrochemical products. The plant in Lake Charles will produce monoethylene glycol, an ingredient used in making paper, textile fibers, latex paints, asphalt, antifreeze and coolants.