Port of New Orleans Record Port Record Summer 2012 : Page 13

tCI expansion expected to Increase PVC exports The five-year agreement with two five-year extensions will allow TCI, a full-service logistics provider, to expand its state-of-the-art PVC resin packaging operations that have been outgrowing their France Road Parkway facility in New Orleans. TCI began operations in July with its third packaging line following the installation of equipment that will load Super Sacks at the Governor Nicholls From left: Jacob Crist, Port of New Orleans; Christopher Kane, Street Wharf. Partner with Adams and Reese; Chris Donner, Port Real Estate TCI Packaging currently ships Development Manager; Christian Jensen, TCI President; and an average of 1,000 TEUs monthly Clay Miller, Port Director of Business Planning. through the Port of New Orleans. By October of 2012, TCI expects to The Port of New Orleans entered into ship out more than 1,600 TEUs monthly a long-term lease with Transportation through the Port. According to Louis Consultants Inc. for the Governor Nicholls Rodriguez, Operations Manager for TCI Street Wharf which features 156,617 square Packaging, annual packaging projections feet of covered shed and rail access through for 2013 anticipate the firm shipping the New Orleans Public Belt Railroad. more than 19,200 TEUs through the Port of New Orleans. “TCI continues to be a valued long-time partner with the Port of New Orleans. This new agreement with TCI is significant because we now have a single user occupying both sheds (Governor Nicholls and adjoining Esplanade Avenue) for a long-term period, utilizing the facility for maritime activities – uses that are generating cargo traffic for the Port,” said Chris Donner, Real Estate Development Manager for the Port of New Orleans. TCI is headquartered in New Orleans with operations in Houston, Dallas, Baltimore and Costa Rica. TCI Packaging is a subsidiary of the Jensen Companies, along with TCI Trucking, Triton Stone Group, Imports Sterilization Inc., Edwards Avenue Partners and France Road Parkway Properties LLC. Louisiana’s business rank soars among CeOs CEOs nationwide rank Louisiana as the most improved state for business in the United States, according to Chief Executive magazine’s 2012 Best/Worst States for Business ranking. Louisiana’s ranking soared to the 13th best state for business this year from 27th in 2011, the largest improvement of any state. Since 2008, Louisiana has improved 32 spots, also the largest gain by any state. Chief Executive asked CEOs to grade states on such areas as taxes, regulatory environment, workforce quality and living environment. For Louisiana, Chief Executive cited business-friendly improvements, which include a more competitive corporate tax structure and turnkey workforce programs. “Since we took office in 2008, we’ve worked tirelessly to create a business environment where companies want to invest and create jobs for our people,” said Gov. Bobby Jindal. “We’ve reined in government spending, eliminated job-killing taxes on businesses, created customized workforce training programs, overhauled our governmental ethics laws. Chief Executive Editor-in-Chief JP Donlon called Louisiana the “Cinderella of business improvement.” shin-etsu to locate U.s. plant in south Louisiana Japan-based Shin-Etsu Chemical Co. announced plans to locate its new U.S. plant in Louisiana to produce a material used in paint and other applications. The $120 million facility will be built near an existing PVC plant in Plaquemine owned by Shintech, the U.S. subsidiary company of Shin-Etsu. Work is expected to begin this year, with production to start early in 2014. The ability to use land that Shintech owns was the deciding factor to construct the new plant in the U.S., according to Shin-Etsu officials. The company says the new plant will use the caustic soda generated from PVC production as a catalyst. The plant will be capable of producing 9,000 tons a year of hydroxyethyl cellulose (HEC), a type of cellulose derived from pulp. HEC is used mainly in water-soluble paints. Shin-Etsu officials say demand for HEC is expected to grow, citing increased housing starts in emerging markets. The company currently exports the cellulose from a similar plant in Germany to customers in Southeast Asia, Brazil and other Latin American nations. The Louisiana plant will serve as an export base to these markets. Summer 2012 | www.portno.com 13 LOUIsIana PULLIng rank Louisiana’s status as the most improved state for business in Chief Executive follows a series of ranking gains that have vaulted the state to its highest placement ever in nearly every measure of state business climates: • Site Selection magazine ranked Louisiana’s business climate No. 7 in the U.S. in its November 2011 issue, Louisiana’s highest-ever ranking. • Area Development magazine ranked Louisiana No. 6 among the Top States for Doing Business in 2011, Louisiana’s highest-ever ranking. • Business Facilities magazine named Louisiana Economic Development’s FastStart the nation’s best state workforce training program in 2010 and 2011, and it described the Louisiana program as “the gold standard for workforce training solutions.” • Pollina Corporate Real Estate named Louisiana the most-improved state in the nation in its 2010 ranking of business-friendly states.

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