Exxon Mobil Investing $2 Billion to Expand Texas Facility

Exxon Mobil will pour $2 billion into expanding its Baytown chemical complex, creating 2,000 construction jobs and further cementing the region’s role as a petrochemical hub.

Awesome Oilfield Caps

The Baytown expansion will allow Exxon to play off its rising oil and gas production in the Permian Basin to capture growing global demand for petrochemicals. Now it appears that at least a part of that increased gas production will go to 3,400-acre Baytown complex to be turned into chemicals that go into plastics.

Oilfield Hard Hat Stickers

The flood of natural gas — the feedstock for many chemicals and plastics — from the Permian and other Texas shale formations has driven the petrochemical boom along the Gulf Coast. [read more]

Categories: News

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.