ExxonMobil, SABIC select site for US petchem project
Stefan Baumgarten
19-Apr-2017
HOUSTON
(ICIS)–ExxonMobil and SABIC have selected San Patricio
County, close to Corpus Christi, Texas, as the site for their
proposed joint-venture petrochemicals complex on the US Gulf
Coast, ExxonMobil said on Wednesday.
In a next step, the companies will apply for air
and wastewater permits from the Texas Commission on
Environmental Quality.
Each company will make a final decision on the investment
after the required permits have been granted. The companies
first announced plans for the project in
July 2016.
Texas Governor Greg Abbott said that the project “is a
tremendous win for not just San Patricio County, but for the
entire state of Texas”.
“This record-breaking project illustrates that our business
climate is exactly what leading and growing companies are
seeking when investing in their future,” Abbott added.
The proposed multibillion dollar investment would include a
world-scale ethane steam cracker with a capacity of 1.8m
tonnes/year of ethylene, which would feed a monoethylene
glycol (MEG) unit and two polyethylene (PE) units.
The project, one of 11 ExxonMobil announced as part of its
10-year, $20bn “Growing the Gulf” initiative, is expected to
create thousands of jobs during the construction phase, as
well as 600 new, full-time jobs and 3,500 indirect jobs
during operations.
It is also expected to generate more than $22bn in economic
output during the construction phase and more than $50bn in
economic output during the first six years of operations,
ExxonMobil said.
Image: Several companies are building world-scale ethane crackers along the US Gulf. Staff photo
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