Chevron Phillips Chemical Successfully Starts New Ethane Cracker in Baytown, Texas

URLhttp://www.cpchem.com/en-us/news/Pages/Chevron-Phi
Sourcecpchem.com
Date Published03/12/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Chevron Phillips Chemical Company
Parent companyChevron Corporation / Phillips 66
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2011
Year reshoring implemented or to be implemented:2018
Capital investment ($):6,000
City reshored to:Baytown
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredethylene
What non-domestic negative factors made offshoring less attractive?Other, chem update
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Higher productivity, Impact on domestic economy, Proximity to customers/market, U.S. price of natural gas/chemicals/electricity, Other, import replacement
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