In economic news:

Gov. John Bel Edwards and Formosa Petrochemical Corp. executive Keh-Yen Lin announced the company has selected St. James Parish in Louisiana for a $9.4 billion chemical manufacturing complex and has purchased a 2,400-acre site along the west bank of the Mississippi River. Pending the completion and approval of permits for the site, FG could begin construction as soon as 2019 in what projects to be a 10-year building and development process in two phases.

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