Subsidy Tracker Individual Entry
PVC (polyvinyl chloride) plant
The value of the Industrial Tax Exemption and the jobs and investment figures were taken from the 2009 "Board of Commerce & Industry Incentive Approvals" report, p. 132; available online at: http://louisianaeconomicdevelopment.com/additional-resources/performance-reporting.cfm. Information about other subsidies offered in 2005 was taken from Robert Travis Scott, "Shintech unveil plans for plant," New Orleans Times-Picayune, January 26, 2005.
No subsidy amounts were indicated when the project was announced in January 2005, but it was stated that Shintech would make use of property tax abatements, sales tax exemptions and Quality Jobs subsidies. The abatement amount (which is also listed in the main Subsidy Tracker data for the Industrial Tax Exemption program) was approved in 2009 and later disclosed.