Chevron Phillips Chemical to expand Texas NGL fractionation unit

URLhttps://www.hydrocarbonprocessing.com/news/2012/03
SourceHydrocarbon Processing
Date Published03/26/2012
Author NameHP Editorial Staff
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: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) reshoredNGLs (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
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