Ohio Provides $30M for Development of Proposed Cracker Plant

SourceU.S. News & World Report
Date Published07/06/2019
Author NameAssociated Press
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name PTT Global Chemical / Daelim Industrial Co.
Parent companyPTT Global Chemical / Daelim Industrial Co.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2019
Capital investment ($):30
Country(ies) from which reshored:Korea, Republic of,Thailand
City reshored to:Columbus
State(s) reshored to:OH
If relevant, work nearshored to:-
Product(s) reshoredpetrochemicals
What domestic positive factors made reshoring more attractive?Government Incentives, U.S. price of natural gas/chemicals/electricity
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