USA: High-Performance Polyethylene Exxon Mobil Completes New Polyethylene Lines at Mont Belvieu Plastics Plant
Exxon Mobil Chemical Company announced the mechanical completion of two new 650,000 tons per year high performance polyethylene lines at its plastics plant in Mont Belvieu, Texas.
Houston/USA — The company expects production to begin during the third quarter of 2017. The finished polyethylene product will be shipped to customers around the world.
Part of a previously announced multi-billion dollar expansion project in the Baytown area, the polyethylene lines will process ethylene feedstock from the new steam cracker currently under construction at the Baytown complex.
“As an early mover to complete a polyethylene project fueled by the shale gas revolution, this world-scale, state-of-the-art facility will double the plant’s production capacity, making it one of the largest polyethylene plants in the world,” said Neil Chapman, president of Exxon Mobil Chemical Company.
The Baytown expansion project is one of eleven Exxon Mobil announced as part of its 10-year, $ 20 billion Growing the Gulf initiative. Projects planned or under way are expected to create more than 35,000 construction jobs and more than 12,000 full-time jobs.
“As the U.S. continues to produce abundant supplies of oil and natural gas, Exxon Mobil is investing billions of dollars along the U.S. Gulf Coast to help meet growing global demand. These investments will not only expand existing refining and chemical capacity, but also stimulate economic growth and create jobs,” Chapman said.