Introduction to Overseas Expansion Cases in West Virginia, USA: The Appeal of a Good Logistics Environment
The company's first two chemical raw material manufacturing plants in the United States! Achieving a very low carbon footprint.
We would like to introduce a case where TCL Specialties LLC, a subsidiary of the major Indian chemical manufacturer TCL (THIRUMALAI CHEMICALS LTD), is establishing a base for the downstream natural gas industry that produces raw materials refined from shale gas. By utilizing energy generated during the manufacturing process for over 90% of its power consumption, it achieves a very low carbon footprint. The project is planned to proceed through Phase 3. The favorable geographical environment, with double shale gas layers in Marcellus and Utica that yield butane and natural gas, along with its location in a hub where major U.S. clients are concentrated, provides excellent logistics for access to Europe and Latin America, which are reasons for the expansion. [Case Overview (Partial)] - Phase 1 Investment Amount: US\$150 million - Location: Covestro New Martinsville Chemical Industrial Park, Marshall County - Phase 1 Construction Start: January 2023 - Production Start: Mid-2024 *For more details, please refer to the PDF document or feel free to contact us.
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【Other Case Summary】 ■Manufactured Products and Production Volume - Factory 1: Malic acid and fumaric acid (for food, pharmaceuticals, and animal feed), annual production of 30,000 tons - Factory 2: Butane-derived maleic anhydride (raw material for reinforced polymers and coatings), annual production of 25,000 tons ■Phase 1 Construction Local Employment Impact: 250 people *For more details, please refer to the PDF document or feel free to contact us.
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The West Virginia Government Office in Japan is an overseas office of the International Division of the West Virginia Department of Economic Development. West Virginia is located in the eastern United States, surrounded by five states, including major cities like Washington D.C. and Pittsburgh, and is known for its strong manufacturing sector. The main characteristics of West Virginia are as follows: - Low industrial electricity and gas rates (due to coal, natural gas, and shale gas-fired power generation, as well as having one of the largest wind farms in the East and being home to the Appalachian Hydrogen Hub in Morgantown). - One of the largest wind farms in the eastern United States, advantageous for the use of green energy. - Excellent access to the large market in the eastern United States and a logistics hub. - High retention rates (ranked first in the nation for low manufacturing turnover rates according to the U.S. Department of Labor's Bureau of Labor Statistics). - Resilience to natural disasters (the terrain, which is largely covered by the gently sloping Appalachian Mountains, has solid bedrock, making it less susceptible to earthquakes, hurricanes, and tornadoes). Particularly active industries include chemicals, automotive parts, aerospace and defense, steel, metal processing, building materials, and IT, with recent growth in the EV and battery industries.
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