26 July 2012 17:43 [Source: ICIS news]HOUSTON (ICIS)--ExxonMobil expects to make a final investment decision on its planned 1.5m tonne/year ethane cracker project in ?xml:namespace>
ExxonMobil investor relations vice president David Rosenthal said in an earnings call that the government approval and review process for the project at the company’s complex in
Rosenthal also said that ExxonMobil’s second-quarter chemical margins improved sequentially from the first quarter, mainly because of lower feedstock costs. However, chemical volumes were down, mainly because of weaker demand in
Earlier on Thursday, ExxonMobil reported a 9.7% year-on-year improvement in second-quarter chemical earnings as a gain from restructuring the company's business in
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