Recognizes May 4, 2011, as "Louisiana Chemical Industry Day".
Impact
The resolution emphasizes the economic impact of the chemical industry on the state, noting that Louisiana ranks as the nation's third-largest chemical producer. The industry contributes substantially to state and local revenues through direct tax payments and by generating household earnings. This recognition serves to underline the critical role the chemical industry plays in the economic fabric of Louisiana, fostering growth and development in the region.
Summary
Senate Resolution 16 recognizes May 4, 2011, as 'Louisiana Chemical Industry Day' and celebrates the significant contributions of the chemical industry to the state of Louisiana. The resolution highlights the state's abundant natural resources, including oil, natural gas, and access to waterways, which have catalyzed the growth of a robust petrochemical sector. This industry not only provides direct employment for over 22,000 Louisianians but also supports a myriad of additional jobs through related businesses.
Sentiment
General sentiment surrounding SR16 is positive. The resolution reflects a strong acknowledgment of the chemical industry's role in economic development and job creation. It highlights the industry's commitment to community welfare, such as contributions to charitable organizations like the United Way. The recognition of a specific day to honor this industry aims to boost public awareness and appreciation for the contributions made by chemical companies to the state.
Contention
While the resolution is largely celebratory, it indirectly opens the floor for discussions about environmental concerns relating to the chemical industry. Critics may raise issues regarding the industry's environmental footprint and the need for regulation. However, the resolution does not delve into these contentious points, focusing instead on the economic benefits and community investments made by the industry.
Recognizes the essential role the chemical industry plays in Louisiana's economic development and designates May 2, 2012, as "Louisiana Chemical Industry Day".
Provides for the Louisiana Department of Economic Development to establish and administer the Louisiana Industrial Product Certification Program (RE +$202,029 SG EX See Note)