Shintech begins petrochemicals expansion in Louisiana
PLAQUEMINE, La.--(BUSINESS WIRE)--Gov. John Bel Edwards and Shintech Louisiana, LLC executives announced the company will invest $1.49 billion to develop a new
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, healthcare, electronics, automobile and other sectors. Caustic soda is widely used in industries and utilities. As
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
Comments