Shintech announces $1.3 bn plastic facilities expansion
Petrochemical

Shintech announces $1.3 bn plastic facilities expansion

The company also is expanding its PVC packaging and warehouse operation in Addis.

  • By ICN Bureau | January 28, 2021

Governor John Bel Edwards and Shintech Louisiana have announced that the company will invest $1.3 billion to expand its manufacturing and packaging facilities in Iberville and West Baton Rouge parishes.

 

Shintech is the world’s leading manufacturer of polyvinyl chloride (PVC) resins and the company will make a $1.25 billion investment to increase PVC manufacturing capacity and expand chlor-alkali and vinyl chloride monomer capacity at its manufacturing facility in Plaquemine, which was announced in 2018 and is expected to be completed this year. The company also is expanding its PVC packaging and warehouse operation in Addis. 

 

In Plaquemine, Shintech’s manufacturing expansion will create 30 new direct jobs with an average annual salary of $86,000, plus benefits. Louisiana Economic Development estimates the project will result in 129 new indirect jobs, for a total of 159 new jobs for Iberville Parish and the Capital Region.

 

“Louisiana’s competitive business environment remains supportive of our major manufacturing sectors,” Governor Edwards said.

 

“Our skilled workforce and world-class infrastructure continue to set the stage for significant manufacturing expansions. As Shintech reaffirms its confidence in Louisiana’s economic strengths, we welcome the company’s latest investment in Iberville and West Baton Rouge parishes,” added Edwards.

 

“Shintech continues to invest in and increase its manufacturing presence in the North American market,” Vice President of Manufacturing Danny Cedotal said.

 

“We appreciate the company’s confidence in our local manufacturing team. The jobs and infrastructure the company has built in Plaquemine and Addis continue to create much-needed economic development in our communities. We are grateful for the support of neighbors and our community, and we work every day to continue our commitment to live locally, hire locally and buy locally as the company’s footprint grows,” added Cedotal.

 

"Shintech’s expansion of its PVC packaging and warehouse operation in Addis is great news for West Baton Rouge Parish,” said West Baton Rouge Parish President Riley L. Berthelot Jr. 

Register Now to Attend NextGen Chemicals & Petrochemicals Summit 2024, 11-12 July 2024, Mumbai

Other Related stories

Startups

Chemical

Energy

Digitization