Shintech

What Shintech does

Shintech Inc. is a Houston-headquartered, privately held US manufacturer of polyvinyl chloride (PVC) resin and the world's largest PVC producer, operating as a wholly owned subsidiary of Tokyo-listed Shin-Etsu Chemical Co., Ltd. since 1976. The company runs three manufacturing sites in Texas and Louisiana (Freeport, Addis, Plaquemine) with 7.14 billion pounds of annual PVC resin capacity, plus wholly owned subsidiary K-Bin (Freeport) producing rigid PVC compounds and pellets for blow molding, injection molding, and extrusion applications. Shintech serves construction and building materials (pipe, siding, window lineals, fence, custom profiles), chemical processing (caustic soda for aluminum, paper, textiles, food), municipal water treatment, and agricultural customers through direct sales with dedicated domestic and export customer service teams spanning the USA, Europe, Japan, and worldwide markets.

The core technology stack is a fully integrated chlor-alkali and vinyls chain: Shintech produces its own ethylene (Ethylene-1 from 2019, Ethylene-2 from 2024, plus a planned second large cracker as part of the $3.4B 2026 expansion), runs multiple chlor-alkali and VCM units at Plaquemine, and converts VCM into a wide specification range of PVC resin (Inherent Viscosity 0.50-2.0, K Value 48.5-99). All plants are greenfield facilities built with proprietary technology; ISO 9001:2015 and ISO 14001 certified; and operate with recognized safety and environmental track records. 100% of internally produced chlorine is consumed by PVC production, with caustic soda and excess VCM sold externally (the latter under a long-term supply contract with Olin Corporation).

The business model is direct industrial sales of commodity and near-commodity chemicals under multi-year contracts at unit pricing tied to market conditions and volume. Revenue is generated across four streams: PVC resin (primary), caustic soda (membrane grade shipped by vessel, barge, railcar, truck), VCM (internal plus external), and K-Bin compounds (pellets and dry-blended powders). Distribution is direct from manufacturing sites via hopper trucks, rail cars, Mississippi River barge access at Plaquemine, supersacks, and 25 kg bags. Shintech pursues sustained capital reinvestment ($1.49B in 2018, $3.4B announced in 2026) and partners with the Vinyl Institute and related trade bodies for industry-wide positioning.

Name

Shintech

Legal name

Shintech Inc.

Website

https://shintech.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Shintech Inc., a wholly owned subsidiary of Shin-Etsu Chemical, is the world's largest producer of PVC resin (7.14 billion pounds annual capacity), serving construction, building products, chemical, water treatment, and agricultural customers from integrated Texas and Louisiana manufacturing sites.

Ownership category

akta.pro rank

Product category

PVC and Chlor-Alkali Chemical Manufacturing

NAICS

Resin and Synthetic Rubber Manufacturing (32521)

SIC

Industrial Organic Chemicals (2860), Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820), Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Chemicals & Allied Products (2800)

akta.pro primary industry

PVC & Chlor-Vinyl Chain (Chlor-Alkali, EDC/VCM, PVC) (IMAEADAF)

akta.pro secondary industries

Chlor-Alkali & Derivatives (IMAEAAAC), PVC & Chlorinated Polymers (IMAEANAB), Commodity Plastic Compounds (PE/PP/PS/PVC) (IMANABAA)

Keywords

• PVC resin manufacturing
• Vinyl chloride monomer
• Caustic soda production
• Chlor-alkali chemicals
• Rigid vinyl compounds

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

1. PVC Resin Sales: Primary revenue stream from production and sale of polyvinyl chloride resin. The company produces PVC in various grades and sells to construction, building products, and industrial customers domestically and internationally.
2. Caustic Soda Sales: High purity membrane grade caustic soda shipped by vessel, barge, railcar and trucks. Chlorine production goes 100% to internal PVC production, ensuring stable caustic soda output.
3. Vinyl Chloride Monomer (VCM) Sales: VCM production for internal use and external sales. Under long-term supply contract with Olin Corporation.
4. PVC Compound (K-Bin): High quality, high performance rigid compounds and pellets for blow molding, injection molding, extrusion applications produced by K-Bin subsidiary.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Shintech manufactures and sells polyvinyl chloride (PVC) resin, vinyl chloride monomer (VCM), caustic soda, and ethylene, operating integrated production from raw materials through chlor-alkali and VCM to finished PVC resin. Through its wholly owned subsidiary K-Bin, Shintech also produces rigid vinyl compounds and pellets for blow molding, injection molding, and extrusion applications, supplying construction, building products, agricultural, and chemical industry customers globally.

Product overview

Shintech is the world's largest producer of polyvinyl chloride (PVC), operating as a wholly owned subsidiary of Tokyo-based Shin-Etsu Chemical. The company's product portfolio centers on PVC resin (general-use resin from petroleum and salt), caustic soda (membrane grade), and vinyl chloride monomer (VCM) as an integrated intermediate. Shintech also operates K-Bin, a PVC compounding subsidiary producing rigid compounds and pellets. The company has expanded from a single Freeport, Texas plant (1974) to three major manufacturing sites in Texas (Freeport with K-Bin) and Louisiana (Addis, Plaquemine), with the integrated Plaquemine facility producing its own ethylene, chlor-alkali, and VCM inputs. A $3.4 billion expansion announced in 2026 will add second ethylene unit and fourth chlor-alkali/VCM units at Plaquemine, targeting completion by 2030.

Differentiator

Problem solved

Functional benefit

Brands

• K-Bin: Premier producer of high quality, high performance rigid compounds and pellets for blow molding, injection molding, extrusion applications. A wholly owned subsidiary of Shintech producing PVC compound. Named after founder Dr. Kanagawa.

Products and services

• Polyvinyl Chloride (PVC) Resin General-use PVC resin made from petroleum (40%) and salt (60%), available in Inherent Viscosity range 0.50-2.0 or K Value 48.5-99. Used in construction (pipe, siding, windows, fencing), agricultural, and industrial applications by pipe manufacturers and building products producers.
• Caustic Soda (Sodium Hydroxide) High-purity membrane grade caustic soda produced by electrolysis of salt, sold by vessel, barge, railcar, and trucks. Used in chemical processing, aluminum, paper, synthetic textiles, soap, food production, and inorganic/organic chemical manufacturing.
• Vinyl Chloride Monomer (VCM) Key raw material for PVC production. Manufactured at Shintech's integrated Plaquemine facilities for both internal PVC production and external sales, including under a long-term supply contract with Olin Corporation.
• Ethylene Ethylene produced at Plaquemine via Shintech's proprietary cracker for internal use as a PVC production feedstock. A second ethylene unit (625,000 metric ton capacity) is planned under the $3.4 billion expansion.
• K-Bin PVC Compounds High-quality, high-performance rigid vinyl compounds in pellets and dry-blended powders produced by K-Bin, a wholly owned subsidiary of Shintech. Designed for blow molding, injection molding, and extrusion applications used by plastics converters and compounders.
• Chlor-Alkali Products Integrated chlor-alkali production at Plaquemine providing chlorine (used 100% internally for PVC production) and caustic soda. Includes multiple chlor-alkali units, with a fourth unit planned as part of the $3.4 billion expansion.

Quantifiable outcome

• 7.14 billion pounds of PVC resin annual production capacity
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Olin CorporationcoreStrategic or Co-development Partner · 10 February 2026VCM supplier to Shintech under a long-term supply contract. The relationship became contentious leading to a three-year litigation over pricing disputes, a 2023 maintenance turnaround of a VCM plant, and a disputed force majeure event. Jury verdict favored Shintech with $185 million in damages awarded against Olin.

Scale indicators8 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Westlake Corporation: Westlake is one of the largest integrated producers of PVC, chlor-alkali, and VCM in North America, with US Gulf Coast manufacturing assets. It is the most direct head-to-head competitor to Shintech in US PVC and chlor-alkali markets.
• Formosa Plastics Corporation USA: Formosa Plastics USA operates integrated PVC, VCM, and chlor-alkali facilities in Louisiana and Texas, directly overlapping with Shintech's footprint and customer base in US commodity PVC.
• Olin Corporation: Olin is the largest US producer of chlorine and caustic soda, an integrated VCM producer, and a key Shintech supplier under a long-term VCM contract. Overlap in chlor-alkali, VCM, and PVC competes for the same downstream customers.
• OxyChem (Occidental Petroleum): OxyChem is one of the largest US producers of chlor-alkali, VCM, and PVC, with extensive Gulf Coast capacity. It competes directly with Shintech in chlorine chemistry and PVC resin.
• INEOS Inovyn: INEOS Inovyn is Europe's largest PVC producer and a major global chlor-alkali/VCM player. It is a direct competitor in the global PVC market that Shintech serves through its export sales coverage.
• Orbia (Vestolit / Alphagary): Orbia's Polymer Solutions business (Vestolit and Alphagary) is a global PVC and specialty compounds producer with significant European and Mexican capacity, competing with Shintech in commodity and specialty PVC markets.
• Braskem: Braskem is the largest thermoplastic resins producer in the Americas, with significant PVC and chlor-alkali operations in Brazil. It is a global competitor in commodity PVC and competes with Shintech in export markets.
• Hanwha Solutions (Hanwha General Chemicals): Hanwha Solutions operates integrated PVC and chlor-alkali facilities in South Korea and competes with Shintech in global PVC export markets, particularly in Asia.

Broad incumbents

• Dow Inc. Dow is a diversified chemicals giant with chlor-alkali, VCM, and PVC exposure across multiple product lines. It overlaps with Shintech in chlor-alkali and PVC but as part of a much broader chemicals portfolio.
• Shin-Etsu Chemical Co., Ltd. Shin-Etsu Chemical is Shintech's parent company and the world's largest PVC producer overall (when including Shintech). It also competes in overlapping PVC and chlor-alkali markets through its Japanese and European operations.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/107912235977945

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shintech