Yara and BASF open $600M ammonia plant near Houston

Date Published04/12/2018
Author NameOlivia Pulsinelli
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Yara Freeport LLC
Parent companyBASF Corp. & Yara International ASA
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2014
Year reshoring implemented or to be implemented:2018
Capital investment ($):600
Country(ies) from which reshored:Germany,Norway
City reshored to:Freeport
State(s) reshored to:TX
If relevant, work nearshored to:-
Product(s) reshoredammonia
What non-domestic negative factors made offshoring less attractive?Other, chem update
What domestic positive factors made reshoring more attractive?Eco-system synergies, Higher productivity, Infrastructure, Manufacturing/engineering joint innovation (R&D), U.S. price of natural gas/chemicals/electricity, Other, supply agreement / cooperation with other companie
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