Braskem adding UHMWPE capacity in Texas

URLhttps://www.ci.la-porte.tx.us/ArchiveCenter/ViewFi
Sourcewww.ci.la-porte.tx.us
Date Published06/27/2014
Author NameFrank Esposito
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Braskem SA
Parent companyBraskem SA
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2014
Year reshoring implemented or to be implemented:2016
Capital investment ($):34
Country(ies) from which reshored:Brazil
City reshored to:La Porte
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredultra-high molecular weight polyethylene (UHMWPE)
What non-domestic negative factors made offshoring less attractive?Other, chem update
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Impact on domestic economy, Proximity to customers/market, U.S. price of natural gas/chemicals/electricity, Other, import replacement; expand capacity
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