Shin-Etsu Chemical's Shintech To Invest $3.4 Bln To Boost PVC, Caustic Soda Business In US
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Shin-Etsu Chemical Co., Ltd. announced a $3.4 billion investment to enhance the production capabilities of its U.S. subsidiary, Shintech Inc. This investment will fund the construction of a second ethylene production unit and additional plants for chlor-alkali and vinyl chloride monomer in Plaquemine, Louisiana. The project aims to increase annual production capacities by 625,000 tons for ethylene, 500,000 tons for VCM, and 310,000 tons for caustic soda, with completion expected by the end of 2030.
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