Commercial production startup at Purified Isophthalic Acid (PIA) Plant in USA

URLhttp://ivl.listedcompany.com/newsroom/271220181232
Sourceindoramaventures.com
Date Published12/27/2018
Author NameSouvik Roy Chowdhury
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Indorama Ventures Xylenes & PTA, LLC
Parent companyIndorama Ventures Public Company Limited
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2018
Country(ies) from which reshored:Thailand
City reshored to:Decatur
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredspecialty chemicals (purified isopthalic acid PIA)
What domestic positive factors made reshoring more attractive?Automation/technology, Infrastructure, Proximity to customers/market, Raw Materials Cost, U.S. price of natural gas/chemicals/electricity, Other, supply chain efficiency
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