BP opening $25M chemical recycling plant in Illinois

SourcePlastics News
Date Published10/25/2019
Author NameJim Johnson
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name BP plc
Parent companyBP plc
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2020
Capital investment ($):25
Country(ies) from which reshored:United Kingdom
City reshored to:Naperville
State(s) reshored to:IL
If relevant, work nearshored to:-
Product(s) reshoredchemicals from recycled PET plastics
What domestic positive factors made reshoring more attractive?Automation/technology, Raw Materials Cost, Other, environmental concerns
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