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Comment Business & Economics

ExxonMobil Chemical Co. begins multi-billion dollar expansion project in Baytown  

By Gerald Ondrey |

ExxonMobil Chemical Co. (Houston; www.exxonmobile.com) says that it has started construction of a multi-billion dollar ethane cracker at its Baytown, Tex., complex and associated premium product facilities in nearby Mont Belvieu. This project, and major investments ExxonMobil has made to develop oil and natural-gas resources in the U.S., including the merger with XTO Energy, demonstrates the company’s continuing commitment to American economic growth and job creation. The steam cracker will have a capacity of up to 1.5 million ton/yr and provide ethylene feedstock for downstream chemical processing, including processing at two new 650,000-ton/yr, high-performance polyethylene (PE) lines at the company’s Mont Belvieu plastics plant. “The project is made possible in large part by abundant, affordable supplies of U.S. natural gas for energy and chemical feedstock,” says Steve Pryor, president of ExxonMobil Chemical Co. The chemical industry and other industrial sectors account for nearly 30% of U.S. natural gas demand. “Shale development has provided U.S. chemical producers a double benefit as an energy source and as a key raw material to make plastics and other essential products, creating jobs and economic…
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