26 July 2018
DETAILS
said today that operations have commenced
at its new 1.5 million ton-per-year ethane cracker
at the company’s integrated Baytown chemical
and refining complex.
The new cracker,
part of ExxonMobil’s Growing the Gulf initiative,
will provide ethylene feedstock
to new performance polyethylene lines
at the company’s Mont Belvieu plastics plant,
which began production in the fall of 2017.
The Mont Belvieu plant
is one of the largest polyethylene plants in the world,
with manufacturing capacity
of about 1.3 million tons per year.
Together,
the Baytown ethane cracker and Mont Belvieu plant
represent ExxonMobil’s largest chemical investment
in the U.S. to date.
Operations associated with
the Baytown and Mont Belvieu projects
are expected
* to increase regional economic activity
by roughly $870 million per year
* and generate more than $90 million per year
in local tax revenues.
The two projects have created more than
* 10,000 construction jobs,
* 4,000 jobs in nearby communities and
* 350 permanent positions.
ExxonMobil is strategically investing
in new refining and chemical-manufacturing projects
in the U.S. Gulf Coast region
to expand its manufacturing and export capacity.
The company’s more than $20 billion
Growing the Gulf expansion program
consists of major chemical, refining, lubricant
and liquefied natural gas projects
at proposed new and existing facilities
along the Texas and Louisiana coasts.
Investments began in 2013
and are expected to continue through at least 2022.
John Verity,
President of ExxonMobil Chemical Company
“Our new ethane cracker will help us
meet the growing global demand
for high performance plastic products
that deliver key sustainability benefits such as
lighter packaging weight, lower energy consumption
and reduced emissions,
further enhancing our competitiveness worldwide,”
“The abundance of domestically produced oil and natural gas
has reduced energy costs
and created new sources of feedstock
for U.S. Gulf refining and chemical manufacturing
while creating jobs and expanding economic activity
in the area.”
Contact:
ExxonMobil
Media Relations, 832-625-4000
WWW.CHEMWINFO.COM BY KHUN PHICHAI
