Formosa Plastics opens new LDPE resin unit in Texas

SourcePlastics News
Date Published11/30/2020
Author NameFrank Esposio
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Formosa Plastics Corp. USA
Parent companyFormosa Plastics Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Country(ies) from which reshored:Taiwan, Province of China
City reshored to:Point Comfort
State(s) reshored to:TX
If relevant, work nearshored to:-
Product(s) reshoredlow density polyethylene resin, PVC resins
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Customization/Flexibility
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