Golden Triangle Polymers Company To Invest $8.5B On Gulf Coast

URLhttps://businessfacilities.com/2022/11/golden-tria
SourceBusiness Facilities
Date Published11/22/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Golden Triangle Polymers Company LLC
Parent companyChevron Phillips Chemical Company w QatarEnergy
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):500
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2026
Capital investment ($):8500
Country(ies) from which reshored:Qatar
City reshored to:Orange
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredintegrated polymers
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure, Manufacturing/engineering joint innovation (R&D)
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