Company/Division name | Chevron Phillips Chemical Company |
Parent company | Chevron Corporation / Phillips 66 |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2018 |
Year reshoring implemented or to be implemented: | 2024 |
Capital investment ($): | 5,800 |
City reshored to: | Orange |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | ethylene |
What non-domestic negative factors made offshoring less attractive? | Other, chem update |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, U.S. price of natural gas/chemicals/electricity, Other, import replacement; expand capacity |