Phillips 66 Launches $1.5B Refinery Expansion

URLhttps://news.thomasnet.com/featured/phillips-66-la
SourceThomas Publishing
Date Published06/14/2018
Author NameJeff Reinke
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Phillips 66
Parent companyConocoPhillips
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):25
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):1500
City reshored to:Old Ocean
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Petroleum & Coal Products
Product(s) reshorednatural gas, petro chemical
What domestic positive factors made reshoring more attractive?Infrastructure, Impact on domestic economy, Proximity to customers/market, Raw Materials Cost, U.S. price of natural gas/chemicals/electricity
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