Company/Division name | Formosa Petrochemical Corp |
Parent company | Formosa Plastics Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Capital investment ($): | 9300 |
Country(ies) from which reshored: | China,Taiwan, Province of China |
City reshored to: | St. James Parish |
State(s) reshored to: | LA |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | ethylene plant |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Proximity to customers/market, U.S. price of natural gas/chemicals/electricity |