Exxon Mobil Considers Building New Gulf Coast Plastics Plant
Exxon Mobil said Tuesday that it has started engineering work on a new Gulf Coast plastics plant that would substantially expand its petrochemicals production as demand increases worldwide.
The company did not disclose the location of the plant, which could start up as early as 2021. It would expand production of polypropylene, a lightweight, durable plastic, by as much as 450,000 tons a year.
The company will make a final decision on the project later this year. It's anticipated to cost several hundred million dollars and employ more than 60 people when production starts.
You May Interested In
2026-10-05
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Shell Plans to Sell U.S. Chemical Assets for Up to $8 Billion, with ExxonMobil and LyondellBasell Joining the Bidding
-
Production Down 6%, Profits Cut by $3.7 Billion: Middle East Conflict Hits ExxonMobil Hard
-
Vietnam Drives ASEAN Towards a Modern Economy
-
Indonesia Forges a Green Future for Its Highly Dynamic Packaging & Automotive Industries
-
Rumors Swirl Around ExxonMobil’s Asset Slim-Down: Fate of European Chemical Plants Uncertain
-
ExxonMobil Expands 99.999% Ultra-Pure Isopropyl Alcohol Production, Targeting Semiconductor Market
-
ExxonMobil Buys Multiple Batches of Naphtha to Prepare for Start-Up of Its Huizhou Integrated Petrochemical Facility in China
-
ExxonMobil unveils major plan: 18% increase in oil and gas production by 2030
-
ADNOC acquires 35% stake in ExxonMobil’s US hydrogen production plant
-
ExxonMobil Adds Air Liquide to World’s Largest Low-Carbon Hydrogen Project
Recommend Reading
-
![Henkel's Acquisition of Stahl Enters Regulatory Countdown: Will the €2.1 Billion Deal Go Through?]()
Henkel's Acquisition of Stahl Enters Regulatory Countdown: Will the €2.1 Billion Deal Go Through?
-
![BASF Partners with Sinopec to Accelerate Application of Biomethane at Nanjing]()
BASF Partners with Sinopec to Accelerate Application of Biomethane at Nanjing
-
![Unilever Reports Stronger Margins and Accelerated Portfolio Transformation in FY2025]()
Unilever Reports Stronger Margins and Accelerated Portfolio Transformation in FY2025
-
![Isopropanol vs. Isopropyl Alcohol: Are They Different? (Uses & Safety)]()
Isopropanol vs. Isopropyl Alcohol: Are They Different? (Uses & Safety)
-
![The Most Striking Thing in BASF’s 2025 Results Isn’t Profit — It’s “Cutting Weight” and “Stopping the Bleeding” at the Same Time]()
The Most Striking Thing in BASF’s 2025 Results Isn’t Profit — It’s “Cutting Weight” and “Stopping the Bleeding” at the Same Time
-
![Coking Coal Market Prices Remain Stable, with Little Price Fluctuation]()
Coking Coal Market Prices Remain Stable, with Little Price Fluctuation
-
![Premium Global Chemical Sourcing Requests (27-30Aug, 2026)]()
Premium Global Chemical Sourcing Requests (27-30Aug, 2026)
-
![The Game Between Costs and Demand: Melamine Remains Stable]()
The Game Between Costs and Demand: Melamine Remains Stable
-
![DMF Inventory Remains High, Prices Stay Stable]()
DMF Inventory Remains High, Prices Stay Stable
-
![Polyethylene Weakens with Fluctuations, Trading Remains Light Before the Chinese New Year]()
Polyethylene Weakens with Fluctuations, Trading Remains Light Before the Chinese New Year
