Market Overview

Shintech Louisiana, LLC Announces $1.49 Billion Expansion at Facility Near Plaquemine, La.

Share:

Today, Gov. John Bel Edwards and Shintech Louisiana, LLC executives
announced the company will invest $1.49 billion to develop a new chlor
alkali and vinyl chloride monomer production facility, and expand
existing polyvinyl chloride (PVC) manufacturing facilities in
Plaquemine. The company is a wholly owned subsidiary of Shin-Etsu
Chemical Co., Ltd., the world's largest PVC producer.

Construction of the expansion is expected to generate 2,000-3,000 jobs
and create 120 new direct jobs once completed. Louisiana Economic
Development estimates the project will result in approximately 100 new
indirect jobs, for a total of 220 new jobs for Iberville Parish and the
Capital Region. Shintech has operated in the area since 1999 and
currently has 420 local employees at its facilities in West Baton Rouge
and Iberville Parishes, where company operations also support more than
500 contractor jobs.

PVC is a versatile and durable product used in a variety of applications
in the building and construction, health care, electronics, automobile
and other sectors. Caustic soda is widely used in industries and
utilities. As global market for the products continue to grow, Shintech
is expanding facilities to keep pace with demand. The expansion will
include development of an integrated PVC manufacturing facility that is
expected to be completed in late 2020 and operational in early 2021.

Yasuhiko Saitoh, President of Shintech Inc. added, "We are
pleased to proceed with this project and are going to carry out the
construction at full throttle. This investment builds on our local and
global sales capabilities and aligns with our long-range plan to
leverage our economy of scale in the U.S. for production of PVC and
caustic soda. We are extremely grateful to Louisiana state and parish
officials and our neighbors whose strong support and understanding has
enabled Shintech's continued growth and success in Louisiana."

About Shintech Louisiana, LLC: Shintech's operations in Iberville
and West Baton Rouge Parishes, Louisiana consist of integrated
manufacturing facilities that produce caustic soda and vinyl chloride
monomer (VCM) as well as PVC resin. Shintech values its strong working
relationship with the West Baton Rouge Parish and Iberville communities.
The focus on community is embodied in the company's motto: "Live
Locally, Hire Locally, Buy Locally." Shintech Louisiana is a
wholly owned subsidiary of Shintech, Inc., a leading U.S. producer of
PVC resins with headquarters in Houston and a manufacturing facility in
Freeport, Texas. Shintech, Inc. is a wholly owned subsidiary of
Tokyo-based Shin-Etsu Chemical Co., Ltd., the world's largest producer
of PVC, with plants in the U.S., Asia and Europe. shintechinc.com

View Comments and Join the Discussion!