Company/Division name | Celanese Chemical Company |
Parent company | Hoechst AG |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2019 |
Year reshoring implemented or to be implemented: | 2021 |
Capital investment ($): | 425 |
Country(ies) from which reshored: | Germany |
City reshored to: | Pasadena |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | acetic acid |
What non-domestic negative factors made offshoring less attractive? | Other, chem update |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, U.S. price of natural gas/chemicals/electricity, Other, expand production capacity |