Posted Apr 20, 2017, 4:43 AM
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Registered User
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Join Date: Aug 2009
Location: The ATX
Posts: 3,317
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Exxon Mobil Plans Multi-Billion Dollar Plant Near Texas Gulf
Quote:
By AP
April 19th. 2017
PORTLAND, Texas (AP) — Exxon Mobil Corp. and a Saudi partner plan to build a multi-billion dollar petrochemical plant near the Texas coast, Texas' governor said Wednesday.
The project will be a venture involving Exxon and Saudi Arabia Basic Industries Corp. Exxon officials have said it'll be among the largest ethane steam cracker plants in the world, with an opening scheduled for 2024.
The plant will be built in Portland, just north of Corpus Christi, on roughly 1,300 acres (526 hectares). Estimated to cost about $10 billion, the plant will produce components used to make polyester, anti-freeze, plastic bottles and other items.
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https://www.usnews.com/news/best-sta...ar-texas-coast
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