Kuwait-based EQUATE Group Opens Oyster Creek, Texas, Chemical Plant

SourceArea Development
Date Published10/15/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name MEGlobal Americas Inc.
Parent companyEQUATE Petrochemical Co.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2019
Country(ies) from which reshored:Kuwait
City reshored to:Oyster Creek
State(s) reshored to:TX
If relevant, work nearshored to:-
Product(s) reshoredmonoethylene glycol & diethylene glycol
What domestic positive factors made reshoring more attractive?Automation/technology, Customer responsiveness improvement, Higher productivity, Proximity to customers/market, U.S. price of natural gas/chemicals/electricity
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