China: Performance Polymers Exxon Mobil to Develop Multi-Billion-Dollar Chemical Complex

Editor: Ahlam Rais

With an aim to meet the growing demand of performance chemical products in China, Exxon Mobil has decided to go ahead and build a multi-billion-dollar chemical complex in the Dayawan Petrochemical Industrial Park in Huizhou, Guangdong Province in China. The complex which is expected to produce performance polymers includes a flexible feed steam cracker, three performance polyethylene lines, and two differentiated performance polypropylene lines.

Related Companies

Exxon Mobil's new facility supports progress toward China’s national petrochemical development priorities, which include self-sufficiency, diversified feedstock sources and advancing new competitive technology.
Exxon Mobil's new facility supports progress toward China’s national petrochemical development priorities, which include self-sufficiency, diversified feedstock sources and advancing new competitive technology.
(Source: ©creativenature.nl–stock.adobe.com)

Texas/USA – Exxon Mobil has made a final investment decision to proceed with a multi-billion-dollar chemical complex in the Dayawan Petrochemical Industrial Park in Huizhou, Guangdong Province in China. The facility will help meet expected demand growth for performance chemical products in China.

The chemical complex will produce performance polymers used in packaging, automotive, agricultural, and consumer products for hygiene and personal care. As part of Exxon Mobil’s ongoing commitment to advancing climate solutions, the site will feature industry-leading technologies to improve energy efficiency.

China’s Pharmaceutical Equipment Market - Current Status, Trends and Recommendations for Action

As China is emerging as one of the world’s fastest-growing markets for the consumption of pharmaceuticals, it also offers huge opportunities for the global equipment industry.

This 40-page report aims to help you gain a better understanding of the current China's pharmaceutical market regarding a series of pharmaceutical industry related policies. Based on results of the survey among users in the pharmaceutical industry and the expert interviews, it will also provide you with a forecast for the industry and recommendations for your future operating and investment in China.

“Demand for performance polymers will continue to increase in China, and we’re well positioned to meet the needs of that growing market,” said Karen McKee, president of Exxon Mobil Chemical Company. “We look forward to progressing this exciting project as we work to build a competitive growth platform in Dayawan.”

The facility supports progress toward China’s national petrochemical development priorities, which include self-sufficiency, diversified feedstock sources and advancing new competitive technology.

Construction is underway on the greenfield project, which includes a flexible feed steam cracker, three performance polyethylene lines, and two differentiated performance polypropylene lines. The steam cracker will have a nameplate capacity of approximately 1.6 million metric tons per year.

(ID:47804889)