ExxonMobil Begins Production on New Polyethylene Line at Mont Belvieu Plastics Plant
17 Octobre 2017 - 5:00PM
Business Wire
- First of two 650,000 tons-per-year
polyethylene lines starts production
- Project is a component of ExxonMobil’s
$20 billion Growing the Gulf expansion initiative
- First polyethylene shipment to be
exported from the Port of Houston later this month
ExxonMobil Chemical Company announced today that it has
commenced production on the first of two new 650,000 tons-per-year
high-performance polyethylene lines at its plastics plant in Mont
Belvieu, Texas.
The full project, part of the company’s multi-billion dollar
expansion project in the Baytown area and ExxonMobil’s broader
Growing the Gulf expansion initiative, will increase the plant’s
polyethylene capacity by approximately 1.3 million tons per
year.
The Mont Belvieu plant capacity will total more than 2.5 million
tons per year, making it one of the largest polyethylene plants in
the world. These performance polyethylene products will deliver
significant sustainability benefits enabling lighter weight higher
performance packaging, lower energy consumption and reduced
emissions.
A significant portion of Mont Belvieu polyethylene will be
exported from the Port of Houston later this month. At peak, the
site will ship more than 200 containers a day.
“The expansion of our Mont Belvieu facility further enhances our
ability to meet growing global demand for high-performance
polyethylene products around the world,” said Neil Chapman,
president of ExxonMobil Chemical Company. “The investments we’re
making through our Growing the Gulf initiative will not only expand
our existing manufacturing and export capacity, but will further
stimulate local economic growth and create thousands of full-time
jobs.”
ExxonMobil is planning to invest more than $20 billion over 10
years to build and expand manufacturing facilities in the U.S. Gulf
region. These projects are expected to create more than 45,000
jobs, including more than 12,000 full-time jobs. The expansion
covers 11 major chemical, refining, lubricant and liquefied natural
gas projects along the Texas and Louisiana coasts.
About ExxonMobil Chemical Company
ExxonMobil Chemical Company is one of the largest petrochemical
companies worldwide. The company holds leadership positions in some
of the largest-volume and highest-growth commodity petrochemical
products in the world. ExxonMobil Chemical Company has
manufacturing capacity in every major region of the world, serving
large and growing markets. More than 90 percent of the Company’s
chemical capacity is integrated with large refineries or natural
gas processing plants. To learn more, visit
www.exxonmobilchemical.com.
About ExxonMobil Baytown Area
ExxonMobil’s Baytown area is the largest integrated
petrochemical complex in the U.S. and is one of the most
technologically advanced refining and petrochemical complexes in
the world. Founded in 1919, the complex is located on approximately
3,400 acres along the Houston Ship Channel, about 25 miles east of
Houston. The facility includes a refinery, chemical plant, olefins
plant, plastics plant and a global technology center.
Cautionary Statement: Statements of
future events or conditions in this release are forward-looking
statements. Actual future results, including project plans,
schedules, costs and capacities, demand growth, efficiency gains
and economic impacts, could differ materially due to factors such
as changes in prices of oil, gas, or petrochemicals and other
market factors affecting the chemical industry and the supply and
demand for our products; the occurrence and duration of economic
recessions; timely completion of construction projects and
unforeseen technical or operating difficulties; legal or regulatory
events; the actions of competitors; and other factors discussed
under the heading Factors Affecting Future Results on the Investors
page of our website at exxonmobil.com.
Note to the editor:
The term “ExxonMobil Chemical” refers collectively to some or
all of the companies affiliated with Exxon Mobil Corporation
(NYSE:XOM) which have chemical manufacturing and/or marketing
operations around the world.
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