SABIC, ExxonMobil to build petrochemical complex in Texas

WCN Editorial Team 21 Apr 2017 NORTH AMERICA BUILDINGS

SABIC and ExxonMobil Chemical Company have selected a site in San Patricio County, Texas, to potentially build a multibillion-dollar petrochemical complex.

The proposed facility will manufacture components used to make polyester, anti-freeze, plastic bottles and food packaging products.

The project will include an ethane steam cracker with an annual ethylene production capacity of 1.8M tonnes, which would feed a monoethylene glycol unit and two polyethylene units.

ExxonMobil and SABIC will now apply for air and wastewater permits, and make a final investment decision after securing the permits.

Yousef Abdullah Al-Benyan, SABIC vice chairman and CEO, said: “The proposed venture would capture competitive feedstock, capitalize on the growing global demand for ethylene-based products, and reinforce SABIC’s strong position in the value chain.”

Texas governor Greg Abbott said: “This decision by SABIC and ExxonMobil is a tremendous win for not just San Patricio County, but for the entire state of Texas. This record-breaking project illustrates that our business climate is exactly what leading and growing companies are seeking when investing in their future.”

The project, one of 11 ExxonMobil announced as part of its 10-year, $20bn Growing the Gulf initiative, is anticipated to lead to the creation of thousands of jobs during construction, along with 600 new full-time jobs and 3,500 indirect jobs during operations.

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