Ormet Moving To Restart Burnside Plant
BURNSIDE, La. (AP) — Ormet Corp. is moving to reopen its Burnside alumina plant by the end of 2010, a move that could bring in 250 jobs.The plant converts bauxite into alumina, a key component in aluminum. It was closed in late 2006.
Ormet chief executive Mike Tanchuk told The Advocate on Wednesday that the current price of alumina — about $400 per metric ton — along with low natural gas prices, makes a plant restart financially viable.
The plant closed during a glut of alumina from China and higher gas prices.
More From News Talk 96.5 KPEL
![Louisiana Essentials You Can Find Cheap for Amazon Prime Day](http://townsquare.media/site/36/files/2024/07/attachment-Amazon-Prime-Day.jpg?w=980&q=75)
![Here’s What Shoppers in Louisiana and Texas Need to Know About This Major Grocery Merger](http://townsquare.media/site/36/files/2022/10/attachment-GettyImages-81945762.jpg?w=980&q=75)
![TikTokers Have Strong Opinions About the I-10 Bridge in Lake Charles, Louisiana](http://townsquare.media/site/36/files/2023/01/attachment-I-10-Calcasieu-River-Bridge-google-street-view.jpg?w=980&q=75)
![Truck Crashes Through Louisiana Convenience Store, Injuries Unknown](http://townsquare.media/site/36/files/2024/07/attachment-451428443_875361657961063_9009058308210370374_n.jpg?w=980&q=75)
![Lafayette Police Seek Public’s Help in Identifying iPad Theft Suspect](http://townsquare.media/site/36/files/2024/07/attachment-Untitled-design-2024-07-15T194605.280.jpg?w=980&q=75)
![Alleged Donald Trump Shooter Spotted Nearly 30 Minutes Before Shots Fired](http://townsquare.media/site/36/files/2024/07/attachment-GettyImages-2161431349.jpg?w=980&q=75)
![WATCH: Would This Viral ‘Texas Gumbo’ Pass a South Louisiana Inspection?](http://townsquare.media/site/36/files/2023/12/attachment-Texas-Gumbo-Pepper-Belly-Pete.jpg?w=980&q=75)
![Donald Trump Has Made His Vice Presidential Pick](http://townsquare.media/site/36/files/2024/07/attachment-GettyImages-2159730000.jpg?w=980&q=75)