Company/Division name | Arkema, Inc. |
Parent company | Arkema |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2017 |
Year reshoring implemented or to be implemented: | 2019 |
Capital investment ($): | 90 |
Country(ies) from which reshored: | France |
City reshored to: | Pasadena |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | acrylic acid |
What non-domestic negative factors made offshoring less attractive? | Other, chem update |
What domestic positive factors made reshoring more attractive? | Automation/technology, Higher productivity, Proximity to customers/market, U.S. price of natural gas/chemicals/electricity |