- CapEx: $46 million
- Jobs: 197 new (46 direct, 151 indirect)
- Product: Manufacturing biofuel feedstock
- Location: St. John the Baptist Parish / Southeast Region
- Project overview:
- Life for Tyres Group Limited, Europe’s largest end-of-life tire recycling company with manufacturing facilities for sustainable commodities, announced it will establish its first U.S. processing facility on 10 acres at the Port of South Louisiana.
- The recycling and manufacturing plant, L4T Louisiana LLC, will convert end-of-life tires into high-quality sustainable commodities such as advanced biofuel feedstock, recovered carbon black and scrap steel.
- Estimated Completion: TBD
- LED news release: Feb. 7, 2024
Company website: L4TGroup.com