Shintech Louisiana LLC announced that the company will invest $1.3 billion to expand its manufacturing and packaging facilities in Iberville and West Baton Rouge, Louisiana.
The company, which manufactures polyvinyl chloride resins, or PVC, says 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.
The project aimed to expand the site’s PVC capacity to 590,000 tonne per annum.
The company also announced that it is expanding its PVC packaging and warehouse operation in Addis.
Construction is expected to be completed toward the end of 2023.
The expansion, according to Shintech, is being done in an effort to keep pace with the demand for PVC. Shintech is a wholly owned subsidiary of Japan-based Shin-Etsu Chemical Co. Ltd.
“Shintech continues to invest in and increase its manufacturing presence in the North American market,” Vice President of Manufacturing Danny Cedotal said.
Shintech has invested more than $7 billion in its Louisiana operations in Iberville and West Baton Rouge parishes.