Subsidy Tracker Individual Entry

Company: 
Shintech
Parent Company: 
Shin-Etsu Chemical
Subsidy Source: 
local
Location: 
Louisiana
County: 
West Baton Rouge And Iberville Parishes
Project Description: 

expansion and improvements to petrochemical plant

Year: 
2012
Major Industry of Parent: 
chemicals
Specific Industry of Parent: 
chemicals
Subsidy Value: 
$187,200,000
Program Name: 
Industrial Tax Exemption
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
50
Capital Investment: 
$1,200,000,000
Source of Data: 

The value of the subsidy package and the job and investment projections are taken from: Skip Descant, "C&I board approves tax breaks," The (Baton Rouge) Advocate, April 25, 2012.

Notes: 

The subsidy package consists of an estimated $187.2 million over 5 years from the Industrial Tax Exemption program. Overlaps with main Subsidy Tracker data: two Industrial Tax Exemptions worth $183 million.

Source Notes: 
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