South Louisiana Methanol/SABIC (new methanol plant at St. James Parish, LA)

SourceBusiness Facilities
Date Published01/07/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name South Louisiana Methanol
Parent companyTodd Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):75
Year reshoring announced:2013
Year reshoring implemented or to be implemented:2019
Capital investment ($):2200
Country(ies) from which reshored:New Zealand
City reshored to:St James Parish
State(s) reshored to:LA
If relevant, work nearshored to:-
Product(s) reshoredmethanol complex
What non-domestic negative factors made offshoring less attractive?, chem update
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Proximity to customers/market, Raw Materials Cost, U.S. price of natural gas/chemicals/electricity, joint venture with SABIC
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