U.S. Chemicals Are Rocketing Back

SourceBloomberg Business Week
Date Published11/03/2017
Author NameJack Kaskey
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

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:-
Product(s) reshoredEthylene
What domestic positive factors made reshoring more attractive?Raw Materials Cost, U.S. price of natural gas/chemicals/electricity
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