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South Louisiana chemical company announces $3.4 billion expansion, more than 150 new jobs
Posted on 3/5/26 at 8:24 am
Posted on 3/5/26 at 8:24 am
quote:
Shintech announced Wednesday it will spend $3.4 billion to boost manufacturing capacity at its Plaquemine chemical plant, a move that will create 163 good-paying jobs.
The jobs will have an average annual salary of more than $117,000, according to Louisiana Economic Development. The expansion is also expected to create about 3,000 construction jobs. Construction employment is expected to peak in 2029.
This is the seventh major expansion at Shintech over the last 20 years, the most recent of which was a $1.25 billion project announced in early 2021 and completed in late 2024. The company has 725 employees at its Iberville Parish facility.
The expansion will involve building a second ethylene unit and a fourth chlor-alkali and vinyl chloride monomer unit. It will also add new technologies designed to reduce emissions. The plant produces PVC, chlor alkali and vinyl chloride monomer.
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Posted on 3/5/26 at 8:25 am to ragincajun03
Yay for Cancer
Posted on 3/5/26 at 8:29 am to ragincajun03
quote:
The jobs will have an average annual salary of more than $117,000, according to Louisiana Economic Development.
I remember back in the day when I thought if I could ever make over hundred per year, I would be a king.
Posted on 3/5/26 at 8:33 am to ragincajun03
Boudreaux gonna get that double wide befer ya knows it.
Posted on 3/5/26 at 8:34 am to F1y0n7h3W4LL
It's not what you make, it's what you spend.
Posted on 3/5/26 at 8:34 am to ragincajun03
Every other year I hear another major development in south Louisiana with promises from govt of tax breaks and govt help. Some realize and some fade to the back pages of news stories for whatever reason they chose another state to develop in. But none of these “developments” has made Louisiana more than a poor welfare state.
This post was edited on 3/5/26 at 8:36 am
Posted on 3/5/26 at 8:34 am to ragincajun03
quote:
vinyl chloride monomer.
Liver cancer about to skyrocket
Posted on 3/5/26 at 9:38 am to LSUfan4444
quote:
Yay for Cancer
You’re more than welcome to get rid of all the PVC and chlorinated products in your life.
Posted on 3/5/26 at 9:52 am to ragincajun03
Is this same plant they built in the 90's?
Posted on 3/5/26 at 10:55 am to ragincajun03
Otherwise healthy
Posted on 3/5/26 at 10:58 am to F1y0n7h3W4LL
quote:
remember back in the day when I thought if I could ever make over hundred per year, I would be a king.
Equivalent to about $65k back in 2000 as far as purchasing power goes.
Posted on 3/5/26 at 10:59 am to ragincajun03
Have they factored in liability costs into their expense reports?
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