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MegadealsSubsidy 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: If an online information source is not working, check the Tracker
inventory page for an updated link.