WASHINGTON D.C. – U.S. Secretary of Commerce Penny Pritzker recently presented Shintech Incorporated with the President’s “E” Award for Exports at a ceremony in Washington, D.C.
The “E” Awards are the highest recognition any U.S. entity may receive for making a significant contribution to the expansion of U.S. exports.
Shintech’s operations in Iberville and West Baton Rouge parishes last year exported more than $500 million of polyvinyl chloride (PVC) resin through the Port of New Orleans and caustic soda at its dock in Plaquemine.
“We are honored to receive the “E” Award,” said David Wise, Vice President of Manufacturing for Shintech Incorporated. “We’re especially proud of our Louisiana employees for helping us hit our production goals safely and continue to deliver quality products to our customers in a timely fashion.”
“Congratulations to the “E” Award recipients — these are fantastic American businesses and organizations that have played a crucial role in strengthening and growing our economy through increased U.S. exports,” said Secretary Pritzker. “By selling Made-in-America goods and services internationally, U.S. business can grow faster, hire more employees, pay higher wages, and help spread American ideas, innovation and values.”
Operating manufacturing facilities in Plaquemine and Addis, La., Shintech Louisiana is a wholly owned subsidiary of Shintech Incorporated, a leading U.S. producer of PVC resins with headquarters in Houston and a manufacturing facility in Freeport, Texas. Shintech Louisiana employs about 360 direct workers and a similar number of permanent contract workers.
U.S. exports of goods and services hit an all-time record of $2.3 trillion in 2013. Nationally, jobs supported by exports reached more than 11 million last year, up 1.6 million since 2009. Launched earlier this month, NEI/Next, a new phase of President Obama’s National Export Initiative, works to boost economic growth and support additional American jobs by assisting more U.S. companies of all sizes in exporting to more markets across the globe.
President Kennedy revived the World War II “E” symbol of excellence to honor and provide recognition to America's exporters. The “E” Award Program was established by Executive Order 10978 on December 5, 1961. Four years of successive export growth and an applicant’s demonstration of an innovative international marketing plan that led to the increase in exports is a significant factor in making the award.
U.S. companies are nominated for the “E” Award for Exports through the Department of Commerce’s U.S. and Foreign Commercial Service office network, located within the Department’s International Trade Administration, which has offices in 108 U.S. cities and more than 70 countries to help U.S. exporters.
A total of 65 U.S. companies were presented with the President’s “E” Award this year.