Mexico's Alpek confirms resumption of construction of PTA-PET site in Texas

SourceReuters Events Downstream Reuters News & Media
Date Published11/09/2022

Additional Reshoring Information:

Company/Division name Alpek
Parent companyCorpus Christi Polymers
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2022
Country(ies) from which reshored:Indonesia,Mexico
City reshored to:South Texas Gulf Coast
State(s) reshored to:TX
If relevant, work nearshored to:-
What non-domestic negative factors made offshoring less attractive?Other, partnership issues
What domestic positive factors made reshoring more attractive?Proximity to customers/market, possible innovation with diverse partners
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