LOCAL

Shintech Louisiana confirms $500 million investment

Staff Writer
Plaquemine Post South

PLAQUEMINE - As announced by parent company Shin-Etsu Chemical Co., Ltd., last week, Shintech Louisiana confirms the company will be investing $500 million in its Plaquemine and Addis manufacturing facilities.

The capital investment will be used to increase production capacity in Louisiana by 20 to 25 percent by a 2015 targeted completion date.

Shintech Louisiana Plant Manager David Wise said the project is expected to create 10 new permanent jobs and between 300 to 500 temporary construction jobs at its peak. Wise characterized the work as an incremental expansion that will eliminate manufacturing bottlenecks and increase operational efficiency.

"We are grateful to be able to attract these additional investment dollars to our facilities in Louisiana," Wise said. "As with any project we've undertaken, we'll look to maximize the local impact by hiring and purchasing locally as much as we can."

Wise expects that about three-fourths of the project work is slated for the larger Plaquemine facility, with the balance slated for the Addis facility.

The planned production capacity increases are expected to be about 200,000 tons per year of caustic soda, about 300,000 tons per year of vinyl chloride monomer and about 300,000 tons per year of polyvinyl chloride (PVC). When the projects are brought on-line, Shintech's total PVC production capacity in the U.S. is expected to reach almost 3 million tons per year.

Operating manufacturing facilities in Plaquemine and Addis, 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 Louisiana employs about 360 direct workers and a similar number of permanent contract workers. Shintech, Inc. is a wholly owned subsidiary of Toyko-based Shin-Etsu Chemical Co., Ltd., the world's largest producer of PVC, with plants in the U.S., Asia and Europe.