14 November 2016
DETAILS
- New facility will add 650,000 tonnes
of high performance polyethylene per year - Abundant supply of domestic shale gas
enables expansion to meet strong product demand - ExxonMobil investing billions
along U.S. Gulf Coast; creating thousands of jobs
ExxonMobil announced today plans
to add a new production unit
at its Beaumont polyethylene plant
that will increase capacity by 65 percent
– or approximately 650,000 tonnes per year --
to meet growing demand for high performance plastics.
ExxonMobil is a leader
in the manufacture of polyethylene products
for packaging applications that deliver
light-weight, tough, damage-resistant films.
Construction of the new unit has begun at the plant,
where current polyethylene production capacity
is one million tonnes per year.
Startup is expected in 2019.
Cindy Shulman,
Vice president of ExxonMobil’s
plastics and resins business.
“The availability of vast new supplies of U.S. shale gas
and associated liquids for feedstock and energy
is a significant advantage that enables expansion
to meet strong global demand growth in polyethylene,”
The Beaumont project builds on supply advantages
created by ExxonMobil’s expansion
of its Mont Belvieu Plastics Plant in Texas,
where two similar polyethylene units are being added.
Combined, this multi-billion dollar investment
will increase the company’s U.S. polyethylene production
by 40 percent, or nearly two million tonnes per year,
making Texas the largest polyethylene supply point
for ExxonMobil.
Contact:
ExxonMobil
Media Relations: 832-625-4000
WWW.CHEMWINFO.COM BY KHUN PHICHAI
