Celanese planning $425m US acetic acid plant in Clear Lake, Texas

Date Published01/25/2019
Author NameAl Greenwood
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Celanese Chemical Company
Parent companyHoechst AG
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2021
Capital investment ($):425
Country(ies) from which reshored:Germany
City reshored to:Pasadena
State(s) reshored to:TX
If relevant, work nearshored to:-
Product(s) reshoredacetic acid
What non-domestic negative factors made offshoring less attractive?Other, chem update
What domestic positive factors made reshoring more attractive?Eco-system synergies, U.S. price of natural gas/chemicals/electricity, Other, expand production capacity
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