Bayport Polymers LLC Celebrates Groundbreaking Ceremony for New Ethane Cracker in Port Arthur, Texas

URLhttps://www.prnewswire.com/news-releases/bayport-p
Sourceprnewswire.com
Date Published06/04/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Bayport Polymers LLC
Parent company*see notes
Reshoring category:Foreign Direct Investment
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2020
Capital investment ($):1700
Country(ies) from which reshored:Austria,Canada,France
City reshored to:Port Arthur
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredethylene / polyethylene / plastic resins
What non-domestic negative factors made offshoring less attractive?Other, chem update
What domestic positive factors made reshoring more attractive?Automation/technology, Customer responsiveness improvement, Lean/other business process improvement techniques, Proximity to customers/market, U.S. price of natural gas/chemicals/electricity, Other, meet growing demand
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