U.S. Gulf Coast (USGC) Petrochemicals Project, Texas

URLhttps://www.chemicals-technology.com/projects/us-g
Sourcechemicals-technology.com
Date Published04/11/2014
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:2017
Capital investment ($):6,000
City reshored to:Old Ocean
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredpolyethylene 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, Eco-system synergies, Impact on domestic economy, U.S. price of natural gas/chemicals/electricity, Other, import replacement; meet growing global demand
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