Petro Supplier Braskem Completes Texas Polypropylene Facility

URLhttps://www.thomasnet.com/insights/petro-supplier-
SourceThomasnet
Date Published07/02/2020
Author NameMike Hockett
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Braskem America Inc
Parent companyBraskem SA
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):50
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2020
Country(ies) from which reshored:Brazil
City reshored to:La Porte
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredpolypropylene
What domestic positive factors made reshoring more attractive?Eco-system synergies, Proximity to customers/market, Raw Materials Cost, U.S. price of natural gas/chemicals/electricity
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