New U.S. Plant to Help Plastics Maker Covestro Balance Out Production Capacity

Date Published10/11/2018
Author NameNina Trentmann

Additional Reshoring Information:

Company/Division name Covestro
Parent companyCovestro
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2024
Capital investment ($):1700
Country(ies) from which reshored:Germany
State(s) reshored to:TX
If relevant, work nearshored to:-
Product(s) reshoredmethylene diphenyl diisocyanate, or MDI
What non-domestic negative factors made offshoring less attractive?Total cost
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure, Under-utilized capacity
Find Reshoring Articles