Subsidy Tracker Individual Entry

Company: 
Shintech Louisiana LLC
Parent Company: 
Shin-Etsu Chemical
Subsidy Source: 
State
Location: 
Louisiana
City: 
Plaquemine
County: 
Iberville
Address: 
26270 Highway 405
Zip: 
70764
Project Description: 

Shintech Plaquemine expansion including new ethylene plant

Year: 
2018
Major Industry of Parent: 
chemicals
Specific Industry of Parent: 
chemicals
Subsidy Value: 
$24,209,039
Program Name: 
Quality Jobs Project
Awarding Agency: 
Louisiana Economic Development
Type of Subsidy: 
tax credit
Number of Jobs or Training Slots: 
10,440
Wage Data: 
$779,983,979
Wage Data Type: 
Estimated Total Payroll
Capital Investment: 
$1,350,000,000
Notes: 

Year is application board approval date. Subsidy is the sum of Estimated 10 Year Payroll Rebate and Estimated 10 Year S&U or Investment Tax Credit. Jobs is the sum of estimated 10 year new jobs, existing jobs, and estimated construction jobs, which equals the estimated total jobs. Wage data is the sum of estimated 10 year payroll, existing payroll, and estimated construction payroll, which equals the estimated total payroll. Investment data is the sum of Estimated Building And Material, Estimated Machinery And Equipment, and Estimated Labor And Engineering which equals the Total Estimated Investment.

Source Notes: 
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