Company/Division name | Saudi Basic Industries Corp. |
Type of work | Manufacturing |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2017 |
Year reshoring implemented or to be implemented: | 2020 |
Country(ies) from which reshored: | Saudi Arabia |
City reshored to: | Corpus Christ |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | Ethylene |
What domestic positive factors made reshoring more attractive? | Raw Materials Cost, U.S. price of natural gas/chemicals/electricity |