Company/Division name | Corpus Christi Polymers |
Parent company | Alpek / Indorama / Far Eastern Investment Holdings |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2018 |
Year reshoring implemented or to be implemented: | 2020 |
Capital investment ($): | 1,100 |
Country(ies) from which reshored: | Mexico,Taiwan, Province of China,Thailand |
City reshored to: | Corpus Christi |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | PTA and PET polymers |
What non-domestic negative factors made offshoring less attractive? | Other, chem update |
What domestic positive factors made reshoring more attractive? | Proximity to customers/market, Under-utilized capacity, U.S. price of natural gas/chemicals/electricity, Other, reduce import volume |