Company/Division name | Chevron Phillips Chemical Company |
Parent company | Chevron Corporation / Phillips 66 |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2012 |
Year reshoring implemented or to be implemented: | 2013 |
City reshored to: | Old Ocean |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | NGLs (natural gas liquids) |
What non-domestic negative factors made offshoring less attractive? | Other, chem update |
What domestic positive factors made reshoring more attractive? | Customer responsiveness improvement, U.S. price of natural gas/chemicals/electricity, Other, import replacement; update / expand capacity |