01 June 2012 10:53 [Source: ICIS news]
LONDON (ICIS)--Oil company ExxonMobil plans to build a multi-billion dollar chemical plant in ?xml:namespace>
The plant could be operational by 2016 and would increase the company’s chemical production capacity, helping it contend with competitors, news agency Reuters reported.
It also said the plant is being built to take advantage of cheap shale gas in
It added that the ethylene will be transferred via pipeline to the company’s
ExxonMobil was not immediately available to comment.
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