BP backs green hydrogen start-up aiming to cut fuel's costs

URLhttps://www.reuters.com/business/energy/bp-backs-g
SourceReuters
Date Published08/15/2023
Author NameRon Bousso

Additional Reshoring Information:

Company/Division name Advanced Ionics
Parent companyAdvanced Ionics
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:20235
Capital investment ($):12.5
City reshored to:Milwaukee
State(s) reshored to:WI
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredGreen Hydrogen
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Lean/other business process improvement techniques, Manufacturing/engineering joint innovation (R&D)
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