LOUISIANA CONNECTION

FOREIGN DIRECT INVESTMENT Japan is the most frequent investor in Louisiana among Asian countries, with 11 Projects since 2003 accounting for over $3.62 billion in capital expenditures.

In April 2015, Shintech Inc. announced the company will make a $1.4 billion capital investment to supply its Iberville Parish facilities with new ethylene production capacity. The new project will bring total Louisiana capital investment to date by Shintech to $4.7 billion.

Louisiana companies have also established a presence in Japan. These companies’ direct investments in Japan since 2003 have resulted in capital expenditures totaling over $82 million and the creation of 126 jobs.

BUSINESSES & SUPPORT ORGANIZATIONS

JAPAN SOCIETY OF NEW ORLEANS www.japansocietyofneworleans.org/ The Japan Society of New Orleans was founded in 1928 to foster a friendly relationship with Japan through the study of Japanese art and culture and the exchange of social and trade contacts.

JAPANESE HORTICULTURE IN LOUISIANA www.louisianafolklife.org/LT/Articles_Essays/Japanese.html Several Japanese horticultural groups exist throughout Louisiana, including two chapters of Ikebana International, the Greater New Orleans Bonsai Society and the Japanese Garden Foundation of New Orleans. Other groups include the New Orleans Haiku Society, the New Orleans Zen Temple and the Greater New Orleans Forum.

TRADE QUALITY OF LIFE, ARTS & CULTURE

EXPORTS THE JAPANESE WEEKEND SCHOOL OF NEW Japan stands as Louisiana’s fifth-largest export ORLEANS market with over $2.01 billion in exports in 2016. This www.geocities.jp/neworleans_hoshuko/about.html ranks Louisiana No. 4 among U.S. states in exports to The Japanese Weekend School of New Orleans is Japan, accounting for a roughly 3 percent share of all a Japanese language school for children living in U.S. exports to Japan. Top Louisiana exports to Japan New Orleans and the surrounding area. On Saturday include agricultural products ($1.6 billion); chemical mornings, children from ages 3 to 15 receive products ($165.7 million); and oil and gas ($73.3 instruction in accordance with the curriculum of million). the Japanese Ministry of Education, Culture, Sports, Science and Technology. IMPORTS Louisiana also imports heavily from Japan: over JAPAN FEST $439.1 million worth of goods in 2016, an increase www.noma.org/events/detail/930/Japan-Fest of 52 percent since 2012. Top imports from Japan include metal manufacturers ($144.2 million); ASIAN HERITAGE FESTIVAL machinery and mechanical appliances ($109.5 www.neworleansonline.com/neworleans/festivals/ million); and petroleum and coal products ($90.3 multiculturalfestivals/asianfestival.html?notmct=15 million).

OPPORTUNITYLOUISIANA.COM LOUISIANA CONNECTION JAPAN

CASE STUDY CONTACT INFORMATION In April 2012, Shintech Inc. announced a $120 million investment by MASAO KUMORI SE Tylose to build a hydroxyethyl cellulose, or HEC, plant at Shintech Chief Representative, Japan Louisiana’s Plaquemine site. SE Tylose, a subsidiary of Shin-Etsu [email protected] Chemical Co. Ltd. of Japan and sister company of Shintech, will T +81.0.3.5403.5948 produce HEC for latex paints that will create water-soluble coatings, adjust viscosity, improve adhesiveness, and prevent sedimentation DONNA FRAICHE of the colorants. The plant is expected to produce 9,000 tons of Honorary Consul-General for Japan HEC annually and result in another 292 indirect jobs. [email protected] T 504.566.5201 “We’ve experienced great success in Louisiana and the Capital Region, and we have every confidence that the outstanding business climate and quality infrastructure in Louisiana will only lead to greater outcomes for Shintech, for SE Tylose, and for our state and local partners.”

David Wise Vice President, Shintech Louisiana

JAPANESE COMPANIES IN LOUISIANA • Central Japan Railway • • SE Tylose • Cyberdyne • Mist Technologies • Sapporo Holdings • DeNA • • Shin-Etsu Chemical • Denka Performance • Mitsubishi Steel • Shintech Elastomer • Mitsui & Co • Smart Insight • Denki Kagaku Kogyo • NAES • Subaru of Indiana Kabushiki Kaisha • Nippon Sharyo Automotive • Fuji Heavy Industries (FHI) • • Taiyo Nippon Sanso • Fujifilm • Novus International • Teknia Group • • ORIX Corporation • • Kauli • ORIX Venture Finance • • Kinki Sharyo • (Matsushita) • Toyota Motor • Kinkisharyo International • Panasonic Corporation of • Westinghouse Electric • Kobe Steel North America • Zuken • Kouzoh (Mercari) • Pro-Tec • Matheson Tri-Gas • Repro

LOUISIANA COMPANIES WITH FACILITIES IN JAPAN • Albemarle Corporation • Intralox • Laitram

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