Shale Gale Still Blows in Petchem Sector as Projects Advance

SourceNatural Gas Intel
Date Published12/18/2015
Author NameJoe Fisher
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name LACC LLC
Parent companyAxiall and Lotte Chemical Co.
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Transplant
Year reshoring announced:2015
Year reshoring implemented or to be implemented:2019
Domestically, the work will be done:In-house
Capital investment ($):3000
Country(ies) from which reshored:China,United States
City reshored to:Lake Charles
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Petroleum & Coal Products
Product(s) reshoredEthane cracking, monoethylene glycol
What domestic positive factors made reshoring more attractive?U.S. price of natural gas/chemicals/electricity
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