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Louisiana lands large chemical logistics facility
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Katoen Natie USA will invest $150 million to build a plastics storage, packaging and distribution facility for petrochemical shippers in Baton Rouge, La., Louisiana Economic Development announced Wednesday. A company official said the facility will handle the increased chemical production resulting from the booming growth of shale gas production in the United States. The U.S. subsidiary of the Antwerp, Belgium-based logistics company Katoen Natie NV selected Louis...
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