ExxonMobil Strengthening global energy security
タイ エッソ・タイランド パラキシレン３５万トン設備
豪州 ９９年１０月 ケノス社（Qenos）設立（エクソンモービル５３％、オリカ４７％）
オリカ社（Orica 旧ＩＣＩオーストラリア）とケムコア社（Kemcor エクソンケミカルと
ExxonMobil PDVSA talks progress
on Venezuela olefins JV project
Venezuela, ExxonMobil move forward on olefins
ExxonMobil Chemical Announces
Start-Up of New Metallocene Plant Expansion at Baton Rouge, Louisiana
Qatar Petroleum and ExxonMobil Chemical Sign
Statement of Intent for Ethane Cracker, Derivatives Complex
Pequiven, ExxonMobil sign US$3bn olefins
2004/9 Basell sells 50% share in French CIPEN to
2005/1 ExxonMobil to open two PP metallization lines at
2005/1 ExxonMobil Chemical to Expand Ethylene Capacity
ExxonMobil Chemical to Expand Oxo Alcohol
Capacity in Singapore
2006/1 Foster Wheeler
Awarded PCS Contract for Planned New Petrochemical Project in Singapore
Chemical to Expand EXXPRO Specialty Elastomers Capacity in Baytown,
2007/2 ExxonMobil Chemical
Upgrades LaGrange OPP Film Manufacturing Facility
2007/3 ExxonMobil Chemical Increases Production
Capacity of Polyalphaolefins by 15%
ExxonMobil's New Olgone Aromatic
Treatment Technology Proves Successful at NPRC's Muroran Refinery
2007/6 ExxonMobil Chemical
Announces Manufacturing Facility for New Specialty Compounds for Tires
ExxonMobil Announces Successful Start-up
of PxMax Technology at S-Oil's Onsan Refinery
2007/8 ExxonMobil Chemical Begins Commercial
Production of Butyl Rubber Using a Proprietary New Breakthrough
2007/9 ExxonMobil Chemical to build 2nd
Announces Expansion of its Rotterdam Aromatics Plant
2007/10 ExxonMobil Chemical Forms New Specialty
Business to Supply High Performance Compounded Polyolefin Products
2008/9 ExxonMobil Chemical Steps Up Asia Pacific
Specialty Compounds Supply with Compounding Agreement
2008/11 SABIC and ExxonMobil Chemical sign Heads
of Agreement for new Elastomers project in Saudi Arabia
Exxon, Sabic JV
petchem plant to cost $5 bln
ExxonMobil to Invest at Record Levels to
Meet Future Energy Demand
Makes Technology Investment in China
Announces Expansion at Its Rotterdam Aromatics Plant
Rosneft and ExxonMobil to Join
Forces for Development of Arctic and Black Sea Resources
Plans Five-Year Investment of $185 Billion to Develop New Energy
Exxon Mobil plans major new U.S. chemical plant
Qenos was formed in 1999, bringing together
the people and plants which were formerly Kemcor Australia and Orica Polythene.
We are a joint venture between the Australian company Orica and one of
the biggest names in petrochemicals, ExxonMobil Chemical.
Qenos is the cornerstone of
Australia's plastics and rubber industry. Our products are a part of
every day life - the raw materials used in thousands of household,
consumer and industrial products.
At Qenos we use Australian
oil and gas feedstocks from Bass Strait and the Moomba Basin. We employ
1,200 people. Our plants in Sydney and Melbourne produce olefins,
polyethylene (HDPE, LDPE and LLDPE), polypropylene, synthetic rubber and
engineering plastics. We also supply a diverse range of specialty
polymers. That makes Qenos a vital link in the Australian manufacturing
chain, supplying industries that employ hundreds of thousands of people.
Formed by the combination of two high-caliber
organizations, Exxon and Mobil, the company is
an industry leader in almost every aspect of the energy and petrochemical
②Al Jubail, Saudi Arabia (Kemya)
③Baton Rouge, Louisiana
⑥Mont Belvieu, Texas
⑦Notre Dame de Gravenchon, France
⑨Yanbu, Saudi Arabia
Venezuela olefins JV （ExxonMobil-Pequiven） new
①Baytown, Texas PP
（November 30, 1999）
Exxon And Mobil Confirm Federal Trade Commission
Approval Of Merger
Exxon Corporation and Mobil Corporation today confirmed that the U.S.
Federal Trade Commission (FTC) completed its review of the proposed merger
and has approved a consent order for the merger of the two companies. Exxon
and Mobil have accepted terms and conditions specified by the FTC and will
comply with them fully and in a timely manner.
The Antwerp Performance
Intermediates Plant is the world's largest aliphatic hydro-carbon fluids
plant. It is integrated with the Antwerp Esso Refinery. The plant began
producing higher olefins in 1991. ExxonMobil Chemical also operates an
ethylene terminal connected to its two polyethylene plants in Belgium,
Meerhout and Zwijndrecht.
Hydrocarbon fluids for dry cleaning, Aromatic fluids,
Naphthenic fluids, Higher Olefins, Olefins, Aromatics
Antwerp Polymers Plant
The Antwerp Polymers
Plant produces specialty low density polyethylene to meet the demands
for flexible packaging mainly in Europe and the Far East. The plant was
purchased in 1979.
②Al Jubail, Saudi Arabia (Kemya)
One of ExxonMobil
Chemical's joint ventures is a polyethylene plant located on the east
coast of Saudi Arabia at Al-Jubail. This site, in operation since 1984,
supplies products to the Asian, European, Mid-East and African markets.
Products: LLDPE, HDPE
③Baton Rouge, Louisiana
Baton Rouge Chemical Plant
Founded in 1940,
ExxonMobil Chemical's plant in Baton Rouge, Louisiana, is a modern
petrochemical processing and manufacturing facility located on 150
acres. The plant produces oxygenated fluids, ethers, olefins,
ethylene-propylene rubber, halobutyl rubber, phthalic anhydride,
plasticizers, alcohols and acids.
Oxygenated fluids (MEK, SBA, IPA, Exxate fluids)
Baton Rouge Plastics Plant
Founded in 1968, some of
the products produced at the 118-acre Baton Rouge Plastics Plant include
ethylene, vinyl acetate, various co-monomers and modifiers to produce
low density polyethylene. This site also manufactures Exact Plastomers,
using ExxonMobil Chemical's Exxpol catalyst and process technology.
Exxpol metallocene products (Exact Plastomers)
＊Chemical Week 2002/5/1
ExxonMobil Breaks Ground on Metallocene Elastomers Project
Mitsui Engineering and
Shipbuilding has started work on the previously announced expansion
of ExxonMobil Chemical's ethylene-based metallocene elastomers plant
at Baton Rouge, LA, ExxonMobil says. The project will add 90,000
m.t./year of capacity, raising the total to 180,000 m.t./year, ExxonMobil says. The expansion is scheduled
for completion in the third quarter of 2003.
Baton Rouge Resin Finishing
Acquired in 1983, the
Resin Finishing Plant in Baton Rouge, Louisiana, is located on 63 acres.
This facility primarily serves the U.S. market. The Escorez resins
produced at the site are used primarily as raw materials in the
production of pressure sensitive tapes, adhesives and sealants.
Products:Hydrocarbon resins (Escorez resins)
Baton Rouge Polyolefins
Founded in 1955 by W.R.
Grace & Company, Paxon was acquired in 1995. The plant produces high
density polyethylene for many applications including food containers,
toys, oil and gas containers and durable drums for industrial products.
It was one of the first in the industry along with Baton Rouge
Elastomers to adopt Total Quality Management principles and achieve ISO
9000 certification. The Plant was expanded in 2000 to produce
Products: HDPE, PP
The new plant has a polypropylene
capacity of 272,000t/yr. Output will be Escorene homopolymer and
some copolymer. Propylene polymers based on metallocene technology
will also be produced at the unit.
The Baton Rouge polypropylene unit
will be fully integrated with the company's high-density
polyethylene (HDPE) lines at the facility, which are scheduled for
further expansion. In 1999 the HDPE facility increased capacity by
95,000t/yr to 726,000t/yr, but there are future plans for a further
Following the July 1997 completion of
the company's 240,000 metric ton per year polypropylene site in Baytown, TX, the combined expansions will boost Exxon's
annual polypropylene capacity in North America to 1.1 million metric
Beaumont Olefins and
In April of 1999,
production began at the expanded olefins plant in Beaumont with the
facility's ethylene manufacturing capacity increased by about 45% to
more than 1.8 billion pounds a year. The expansion also improved the
plant's operating efficiency and enhanced its feedstock flexibility.
Ethylene from the plant is used to make a wide range of household,
commercial and industrial products. It can be converted into
polyethylene that is used to make plastic bags and bottles, packaging
films, housewares and toys. It also can be used to make other derivative
chemicals that go into the making of synthetic lubricants, antifreeze,
pain, polyester fibers and resins, polystyrene packaging, electrical
components, polishes, medical products, PVC pipes, upholstery, luggage
In recent years, the Beaumont aromatics facility has been upgraded to
produce about 800 million pounds of toluene and more than 1.2 billion
pounds of benzene. A 65-million-gallon-a-year grassroots cyclohexane
plant started up in 1999. This upgrades part of the Beaumont complex's
existing benzene and hydrogen supply to cyclohexane, an intermediate
chemical used primarily to make nylon fibers and resin.
In 1997, we completed a project at Beaumont to produce 600 million
pounds of paraxylene, a basic raw material for polyester fibers and
resins used in textiles and plastics manufacturing. ExxonMobil's
proprietary MTPX catalyst technology provides a significant cost
advantage versus competing technologies.
Beaumont Polyethylene Plant
Construction to expand
the Beaumont low-pressure polyethylene plant capacity by 14% to 1.6
billion was completed in October of 1998.
Products: LDPE, LLDPE,
Beaumont Chemical Specialty
In 1997, approximately
85 million pounds of polyalphaolefins production, the base stock for
advanced synthetic lubricants, was streamed to double the capacity at
the Beaumont Chemical Products plant. Two major expansions at the
Beaumont Specialty Plant also doubled output of zeolite catalysts, used
in many refining and petrochemicals manufacturing processes.
Synthetic lube base
Meerhout Polymers Plant
The Meerhout Polymers
Plant, in operations since 1977, produces low density polyethylene. It
is supplied with ethylene via a pipeline network stretching from
Rotterdam and Antwerp to Cologne.
Products: LDPE, Polyethylene copolymers
⑥Mont Belvieu, Texas
Mont Belvieu Plastics Plant
Founded in 1979,
ExxonMobil Chemical's plastics plant in Mont Belvieu, Texas, produces
linear low density and high density polyethylenes.
Exxpol metallocene products (Exceed mLLDPE )
⑦Notre Dame de Gravenchon, France
Since 1959 at Notre-Dame de
Gravenchon, between Rouen and Le Havre in Normandy, France, ExxonMobil
Chemical has built its largest manufacturing complex outside the USA.
manufacturing unit produces raw materials for packaging films, nonwovens
and injection molding specialties.
ExxonMobil Chemical SAS
This plant, acquired in
2001 from Basell, produces polypropylene homopolymers, impact copolymers
and compounded materials mainly for automotive and appliance
This polypropylene manufacturing and compounding site also includes an
applications development laboratory and technical staff.
This joint venture
polyethylene plant started up in 1992. Here products are made mainly for
packaging films and extrusion molding applications.
Exxpol metallocene products (Exceed mLLDPE)
Basell sells 50% share in French CIPEN to
Societe du Caoutchouc Butyl
The first French butyl
rubber plant known as SOCABU started up in 1959. This ExxonMobil
Chemical plant produces isobutylene, butyl rubber and ethylene-propylene
(Butyl rubber, EPDM rubber)
ExxonMobil Chemical France
Products made at the
site include aliphatic petroleum resins used in the adhesives industry
and higher olefins.
The world's first heavy feed steam cracker was built in Notre-Dame de
Gravenchon in 1967. It provides propylene, ethylene and butadiene to
local chemical companies.
Synthetic Lube Base Stocks
Constructed in 1989, the
Gravenchon facility uses state-of-the-art control technology and a
dedicated reactor train that produces low viscosity PAOs with grades
ranging from 2cSt to 10cSt. Providing superior products to the synthetic
lubricant market, Gravenchon has been ISO-9002 certified since 1992 and
has recently received ISO-14001 certification.
Synthetic lube base
Lube and fuels additives
Pulau Ayer Chawan Fluids
Our Singapore plant
supplies industrial fluids to the Asia Pacific markets.
Jurong Petrochemical Complex
Petrochemical Complex at Jurong integrates a world-class petrochemicals
plant with a modern fuels refinery.
With a capacity of 245,000 barrels a day, the Jurong Refinery refines
crude oil into products like liquefied petroleum gasoline, naphtha,
gasoline, kerosene, diesel and fuel oil. Output from the Petrochemicals
Complex is sold to downstream companies that transform them into
polyester fibers, nylon, textiles, carpets, plastic products, paints,
dye or polystyrene products.
The complex includes facilities with manufacturing capacities to produce
880 million pounds of paraxylene, 660 million pounds of benzene, 198
million pounds of orthoxylene, 500 million pounds of cyclohexane and 110
million pounds of toluene each year.
Products: Aromatics, Cyclohexane
Singapore Chemical Plant
This highly integrated
complex is now supplying petrochemical products to the marketplace.
Click here for our press release.
⑨Yanbu, Saudi Arabia
Since completing an
expansion in 2000, the ExxonMobil joint-venture petrochemicals complex at
Yanbu, Saudi Arabia, is one of the world's largest petrochemical facilities.
The Saudi Yanbu
Petrochemical's Company (Yanpet) facility, a 50/50-joint venture with
Saudi Arabia Basic Industries Corporation (SABIC), produces more than 1.6
million metric tons of ethylene and more than two million metric tons of
derivative products annually.
The original Yanpet ethylene cracker at Yanbu came on stream in 1985.
ExxonMobil-Pequiven olefins JV approved by
Venezuela's delayed $2.65-bil olefins
project with JV partner ExxonMobil has been approved by the country's
economic cabinet, a spokesman for the energy ministry told Platts Monday.
The proposed 50-50 project between
Venezuela's state Pequiven and ExxonMobil is designed to produce 1-mil mt/yr
of ethylene, 780,000 mt/yr of polyethylene and 400,000 mt/yr of glycols.
ExxonMobil PDVSA talks progress on Venezuela olefins JV project
ExxonMobil is making
progress in renewed negotiations with state oil company PDVSA about
developing a $2.65-bil olefins 50:50 JV project in eastern Venezuela, the
company said Monday.
The project would be
designed to produce 1-mil mt/yr of ethylene, 780,000 mt/yr of
polyethylene and 400,000 mt/yr of glycols.
ExxonMobil Chemical Announces Start-Up of New Metallocene Plant Expansion at
Baton Rouge, Louisiana
ExxonMobil Chemical has
announced the completion and successful start-up of its new commercial
metallocene ethylene elastomer manufacturing facility in Baton Rouge,
Louisiana. The facility, the first of its kind in the world, is now
operational and will add capacity of more than 90 thousand tons of product
ExxonMobil Chemical ethylene
elastomer products marketed globally include Vistamaxx TM specialty elastomers, Exact®
plastomers, Vistalon® EP(D)M, ExxelorTM chemically modified polymers, and Santoprene® thermoplastic elastomers. These products are used in a
variety of applications in markets that include automotive, construction,
electrical, food packaging and consumer goods.
Venezuela, ExxonMobil move forward on olefins project
US major ExxonMobil and Venezuela's state petrochemical company Pequiven have
reached a tentative agreement on a $2.65-bil olefins
joint venture in eastern Venezuela, an
ExxonMobil official said Wednesday. "The negotiating teams have reached an
understanding on how the project would be developed," the spokesman said. "It is
now under review."
August 12, 2004 BNamericas
Pequiven, ExxonMobil sign US$3bn olefins agreement
The Pequiven petrochemical
subsidiary of Venezuela's state oil company PDVSA and US-based ExxonMobil Chemical Company have signed an agreement to develop a US$2.5bn-3bn olefins project at the Jose
petrochemicals complex in Anzoategui state, Pequiven said in a statement
The project will include a cracking plant with capacity to produce
1 million metric tonnes annually of ethylene and derivatives.
ExxonMobil and Pequiven will each have 50% in the project, which will become the main provider of petrochemical
products in Latin America and in other world markets, the statement said.
Pequiven と ExxonMobil、百万トンエチレンプロジェクト合意か
Venezuela 国営石油精製会社 PDVSA の Mr. Edgar Paredes が昨日 9月5日明らかにしたところによると、Pequiven
と ExxonMobil が進めてきたオレフィンプロジェクトは近々合意に達し署名される予定だ、とのことである。
同プロジェクトは、過去 5年に亘って交渉されてきたものであり、サイトは Anzoategui州 Jose に位置し、出資は Pequiven と
ExxonMobil 50:50 の合弁となる。
プラント年産能力は、エチレン 1,000,000トン、PE 760,000トン、EG 430,000トン等となっている。総資金は 23億ドル。
ExxonMobil to open two PP
metallization lines at Brindisi, Italy
ExxonMobil Chemical announced
Tuesday it would instal two new metallization lines at its oriented
polypropylene (OPP) films plant at Brindisi, Italy. The first line is set to
start producing commercially in the first quarter of 2005, with the second line
due to start up a few months later. The new vacuum metallizer lines have the
ability to metallize a range of gauges between 12
and 50 microns at high speeds,
providing outstanding barrier properties. "The new metallizers will give us much
more flexibility and responsiveness to growing market demand," says Carlo
Ranucci, general manager, ExxonMobil Chemical Films Europe. ExxonMobil has seven
affiliated production plants: three in Europe (Virton in Belgium; Kerkrade in
the Netherlands; and Brindisi in Italy) and four in North America (LaGrange in
Georgia; Stratford in Connecticut; Shawnee in Oklahoma; and Belleville in
2005/1/28 ExxonMobil Chemical
ExxonMobil Chemical to Expand Oxo
Alcohol Capacity in Singapore
ExxonMobil Chemical is expanding the
capacity of its world-class oxo alcohol plant in Singapore. The Singapore
Chemical Plant will increase its iso-nonyl alcohol capacity from
180,000 tons-per-year to 220,000 tons-per-year. Project completion is expected by 3Q 2006.
The Singapore oxo alcohol plant started up in 2001 with a capacity of 150,000
tons-per-year and subsequently increased to 180,000 tons-per-year in June 2004.
2006/1/4 Foster Wheeler
Foster Wheeler Awarded PCS Contract for Planned New Petrochemical Project in
Foster Wheeler Ltd. announced
today that ExxonMobil Asia Pacific Pte. Ltd. has awarded the team of Foster
Wheeler and WorleyParsons a project coordination and services contract for a
potential new project at ExxonMobil's Singapore Chemical Plant site. This
project, known as the Singapore Parallel Train (SPT), would include the possible
construction of a new world-scale ethylene cracker, as
well as downstream plants for production of ethylene/propylene derivatives.
ExxonMobil Chemical Introduces
New Line of Compounded Polyolefins for Automotive Industry
ExxonMobil Chemical today introduced a line of compounded polypropylene for the
automotive industry. ExxonMobil Performance Polyolefins are available from
ExxonMobil Chemical facilities in North America, Europe and Asia.
ExxonMobil Chemical offers numerous products for a wide variety of automotive
applications. The products may be supplied from our manufacturing facilities in
North America, Europe or Asia Pacific.
-- Santoprene(TM) TPV and Vistalon(TM) EPR and EPDM
elastomers are key products used in automotive body sealing applications.
-- Jayflex(TM) plasticizers are key components in hundreds of automotive
flexible PVC applications, for both interior and exterior use.
-- Specific grades of high density polyethylene have been designed for fuel
tanks and energy management systems. These grades exhibit superior toughness and
offer long life.
-- Butyl polymers, including butyl, chlorobutyl and bromobutyl rubber, are key
components in tires for cars and trucks.
-- Lubricants based on our synthetic base stocks provide superior wear
protection and extended life to automotive oils and greases. In addition,
automotive paints incorporate our aliphatic and aromatic hydrocarbon fluids as
well as isopropyl alcohol (IPA) and methyl ethyl ketone (MEK).
2006/11/8 ExxonMobil Chemical
エクソンモービル ケミカル カンパニー（エクソン モービル コーポレーションの化学品部門: 以下エクソンモービルケミカル）は、当社のテキサス州ベイタウン工場におけるハロゲン化ブチルゴム（ハロブチルゴム）生産能力の大幅な増強を行うことを決定しましたのでお知らせいたします。同工場は、既存設備の改良や新設備の追加により、「エクソン・ブロモブチルBromobutyl
November 2, 2005 --
ExxonMobil Chemical to Expand EXXPRO
Specialty Elastomers Capacity in Baytown, Texas, to Support Advancements in
High-Barrier, Lightweight Tire Inner Liners
ExxonMobil Chemical has announced
today that it is doubling its production capability for its proprietary Exxpro specialty elastomers used in the construction of tire inner
liners, as a result of new investment and recent operational improvements.
The expansion of the company's plant in Baytown, Texas, is targeted for
completion in the fourth quarter, 2006.
February 12, 2007 ExxonMobil
Chemical Films Business http://www.oppfilms.com./
ExxonMobil Chemical Upgrades LaGrange
Oriented Polypropylene (OPP) Film Manufacturing Facility
The Films Business of ExxonMobil Chemical today announced plans to significantly
increase production of specialty oriented polypropylene (OPP) films in LaGrange,
The company will upgrade the
LaGrange facility to increase its North American capacity for multi-layer white
OPP films. The multimillion dollar investment will allow the
company to satisfy the rapid growth in demand for specialty OPP films, such as
OPPalyte(TM) white opaque film for candy cold-seal
applications, OPPalyte(TM) WOS-2 and STW white opaque films for ice cream
novelty applications and Label-Lyte(TM) films for wet glue and pressure sensitive
About the Films Business of ExxonMobil Chemical
The Films Business of ExxonMobil Chemical is a global leader in the development
and manufacture of specialty oriented polypropylene (OPP) films, including
multi-layer white opaque films, metallized films and acrylic and PVdC coated
films, for flexible packaging and labeling applications. The Films Business has
affiliated production plants in Europe (Virton, Belgium; Kerkrade, the
Netherlands, and Brindisi, Italy), and North America (LaGrange, Georgia;
Shawnee, Oklahoma; Stratford, Connecticut and Belleville, Canada). The company
and its affiliates have sales offices to support customer needs in countries
around the world, including North America, Europe and Asia. Additional
information regarding the Films Business can be found at: www.oppfilms.com.
2007/3/29 ExxonMobil Chemical
ExxonMobil Chemical Increases Production Capacity of SpectraSyn(TM)
ExxonMobil Chemical has completed several debottleneck projects at its
Synthetics Plant in Beaumont, Texas, that increase capacity to produce high
viscosity SpectraSyn 40 cSt and SpectraSyn 100 cSt polyalphaolefins (PAO) by 15 percent.
SpectraSyn high viscosity PAO products are attractive blend components for
increasing basestock viscosity and upgrading quality over a wide range of
lubricant applications. These synthetic blend stocks offer improved flow at low
temperatures and increased film thickness at high temperatures.
"This high viscosity PAO capacity investment will help our customers meet the
growing demand for high-performance lubricants," says Page Greenwood, PAO
Marketing Manager, Synthetics Global Business.
April 03, 2007 ExxonMobil Chemical
ExxonMobil's New Olgone Aromatic Treatment Technology Proves Successful at
NPRC's Muroran Refinery
Olgone is an innovative aromatics
treatment technology that provides an economical, easy-to-implement alternative
to clay treatment.
ExxonMobil Chemical Technology Licensing LLC today announced the successful
start-up of the first licensed application of its new Olgone
Petroleum Refining Company, Ltd.'s (NPRC) installed the Olgone Process at its Muroran Refinery to remove
olefins from a heavy reformate feed, replacing the traditional clay
treatment process. The mixed xylenes separated from the treated
heavy reformate are then converted to paraxylene by NPRC and others.
ExxonMobil Introduces Innovative
Aromatics Treatment Technology
Olgonesm provides economical,
easy-to-implement alternative to clay treatment
ExxonMobil Chemical Technology Licensing LLC today announced the
commercialization of its new Olgone technology for more effective and
environmentally sound removal of olefins from
aromatics streams. Olgone is a catalyst-driven technology that
provides aromatics plant operators with an alternative to the clay
treaters currently used to reduce olefin content. Olgone is more effective than clay treaters
in removing olefinic materials that can interfere with downstream equipment,
adsorbents, sieves and catalysts.
June 19, 2007 ExxonMobil
ExxonMobil Chemical Company Announces
Manufacturing Facility for New Specialty Compounds for Tires
ExxonMobil Chemical Company today
announced it will begin construction of a facility to manufacture new specialty
elastomer compounds that can improve the durability of tires, make them lighter
weight by using less raw material and significantly reduce fuel consumption.
Start-up of the plant is expected
in early 2008 to satisfy demand for the products that combine the flexibility
and elasticity of rubber with the low air permeability of plastic.
The plant will manufacture a dynamically vulcanized 加硫
alloy (DVA) of proprietary ExxproTM specialty elastomers and nylon.
This new Exxpro-based alloy can be
blown into films and used as the air barrier inner liner of tires. ExxonMobil
Chemical expects to commercialize the technology in late 2007. Exxpro marks the
first major technology advancement to tire inner liner raw materials since
ExxonMobil started producing halobutyl products in 1961.
The initial market development
facility for manufacturing will be located in Pensacola, Florida. The investment will fully leverage the company's existing proprietary extrusion technology at
this location. The facility will supply customers globally.
In 2004, ExxonMobil
Chemical and Yokohama Rubber Company announced significant technical
advancements in the area of Exxpro polymer and dynamically
vulcanized alloy technology for tire inner liners.
In 2006, ExxonMobil Chemical
Company completed an expansion at the company's plant
in Baytown to double production capability for its
proprietary Exxpro specialty elastomers.
October 5, 2006
ExxonMobil Chemical and Yokohama
Rubber Co. Ltd. Achieve Winter Test Qualification for Jointly Developed
Advanced Tire Inner Liner
A milestone in the development of
improved tire inner liners was announced today by ExxonMobil Chemical
Company and The Yokohama Rubber Co., Ltd. (YRC) following tests to qualify
their jointly developed technology for use in passenger vehicle tires in
harsh winter conditions.
The companies' development of DVA (dynamically vulcanized alloy) advanced
tire inner liner technology is based on proprietary Exxpro polymers and alloys of
those polymers developed by ExxonMobil, as well as alloys and application
technology developed by YRC. The DVA advanced inner liner technology used
in the film liner materials combines the flexibility and elasticity of a
rubber with the low-air permeability of a plastic.
ExxonMobil Announces Successful Start-up of PxMax
Technology at S-Oil's Onsan Refinery
PxMax is ExxonMobil's State-of-the-Art Technology
for Selective Toluene Disproportionation
ExxonMobil Chemical Technology Licensing
LLC and S-Oil Corporation today announced the successful start-up of
technology at S-Oil's Onsan refinery and chemical complex in
South Korea. The PxMax process licensed by ExxonMobil and implemented at the
Onsan refinery replaced a non-selective toluene disproportionation
不均化 (TDP) process that produced equilibrium mixed
xylenes. The selective nature of the PxMax process
provides S-Oil with a paraxylene-enriched mixture that is further processed into sales grade
paraxylene product at S-Oil's facility.
- 2 C6H5CH3
ExxonMobil Chemical now offers its PxMax
technology for commercial licensing. PxMax is the new process name for our
state-of-the-art Selective Toluene
DisProportionation (STDP) technology, previously know as MTPX, and first put into
commercial operation in 1996. PxMax services provide full support for licensees
from initial consultation through technology transfer and on-going improvements.
Compared to its predecessor MSTDP, the PxMax process offers:
- Higher purity paraxylene-rich
- Higher total xylenes yield
- Superior xylenes/benzene ratio
These advantages, combined with lower
operating temperatures and reduced H2/hydrocarbon requirements, can result in
increased profits and significant debottleneck opportunities.
The PxMax process flow is typical for a
vapor-phase reaction in a fixed bed reactor. Toluene feed, combined with
hydrogen-rich recycle gas, is preheated and passed through the catalyst bed.
Here, disproportionation occurs, at moderate temperature and pressure, to
produce a paraxylene-rich xylene product along with co-product benzene. The
by-product yields are small.
The reactor effluent is cooled by heat exchange and the liquid products are
separated from the recycle gas. The separated liquid is stripped to remove the
light ends and then fractionated to recover a very high purity benzene product
and a highly enriched paraxylene stream for recovery of paraxylene. Unreacted
toluene is recycled to extinction.
July 31, 2007 ExxonMobil
ExxonMobil Chemical Begins Commercial
Production of Butyl Rubber Using a Proprietary New Breakthrough Technology
ExxonMobil Chemical announced today that
it has begun commercial production of butyl rubber at its Notre Dame
de Gravenchon (NDG) plant in France using a new proprietary breakthrough process
technology that it pioneered.
The new technology enables
ExxonMobil Chemical to significantly increase its butyl rubber production
capacity from its existing plants. Moreover, the technology also improves energy
efficiencies as it enables the butyl rubber polymerization process to be run at
more efficient temperatures.
September 24, 2007 ExxonMobil
ExxonMobil Chemical Announces Expansion
of its Rotterdam Aromatics Plant
ExxonMobil Chemical today announced it
will invest in an expansion of its Rotterdam Aromatics Plant.
The expansion will make this world-scale plant ExxonMobil's largest paraxylene production facility,
increasing its paraxylene production capacity by 25 percent
production capacity by 20 percent.
・Aromatics: Benzene, Toluene, Paraxylene,
Orthoxylene, Mixed Xylenes
Rotterdam Oxo Alcohol Plant
Rotterdam Plasticizers Plant and
Phthalic Anhydride Plant
October 8, 2007 ExxonMobil
ExxonMobil Chemical Forms New Specialty
Business to Supply High Performance Compounded Polyolefin Products
ExxonMobil Chemical Company today
announced that it has formed a new specialty compounds and
composites business to focus on the development, production and
marketing of engineered polyolefin compounds. The new business is organized to provide
customers with efficient delivery of innovative products that fully utilize
ExxonMobil's polymer and process development capabilities and global reach.
The business portfolio includes a
new line of ExxonMobil Performance
Polyolefins for automotive applications. Products range from soft and flexible compounds
to reinforced composites. This is made possible by ExxonMobil's extensive slate
of polypropylene, polyethylene, and elastomer base polymers that can be produced
globally and tailored for specialty compounds.
September 3, 2008 ExxonMobil
ExxonMobil Chemical Steps Up Asia
Pacific Specialty Compounds Supply with Compounding Agreement
ExxonMobil Chemical will improve the
supply of its specialty compounds in Asia Pacific following the establishment of
a compounding agreement with Resin & Pigment Technologies Pte.
Ltd. (R&P), a subsidiary of EnGro Corporation Limited.
Under the agreement, R&P will manufacture a broad range of ExxonMobil Chemical's specialty compounds for use in automotive
interior and exterior applications, appliances and consumer products.
The R&P facility is located on Jurong Island, Singapore, just two kilometers from ExxonMobil
Chemical's petrochemical complex. ExxonMobil Chemical will leverage its global
portfolio of specialty plastics and elastomers using the Singapore complex as
the primary source of polyolefins for the production of its specialty compounds.
The R&P facility is ISO 9001 certified and recently achieved ISO/TS 16949
EnGro is a leading slag-cement producer in Singapore.
Since 2005, the Group has strengthened the supply-chain by leveraging on its
joint venture production base in
China coupled with its Pulau Damar Laut bulk-terminal cum logistics services
undertaken by Top-Mix ready-mix concrete operations.
EnGro has built 2 core businesses, namely the specialty cement and the specialty
polymer. Operationally, it is driven by 2 growth engines supplemented by
evergreen venture capital (VC) investment activity in technology-driven
Resin & Pigment
Technologies (R&P) is one of the regions leading companies in
customized polymer processing and compounding, offering solutions to enhance
material performance as well as colour appearance for major polymer
Established in 1989, R&P has since grown to become the preferred value
creation partner with compounding expertise across a wide range of polymers
for applications in the electrical, electronics, automotive, construction
and civil engineering, household and consumer, packaging and agriculture
ExxonMobil to Invest at Record Levels to Meet
Future Energy Demand
Exxon Mobil Corporation today announced
plans to invest at record levels -- between $25 billion and $30
billion annually over the next five years -- to meet expected long-term growth in world
Tillerson outlined ExxonMobil's major achievements in 2008 and plans for the
future. Highlights include:
-- Production started at eight major
projects in 2008, which at their peak are expected to add the net equivalent of
260,000 barrels per day to the company's production. A further nine major
projects are expected to commence production in 2009, and at their peak are
expected to add the net equivalent of an additional 485,000 barrels per day to
-- In the chemical business, the company
has ramped up construction activity on world-scale petrochemical
projects in China and Singapore, and continues to invest for specialty business
growth, including a new plant in South Korea to
manufacture lithium ion battery separator film to meet expected demand growth including
batteries for hybrid and electric vehicles.
March 16, 2009 Exxonmobil
ExxonMobil Makes Technology Investment in China
announced today that it has made the final decision to build a technology center in Shanghai,
China to provide product applications support for its growing business in the
Chinese and Asian markets.
“Over the next 10
years, we expect roughly 60 percent of the world's petrochemical growth to occur in Asia, and we
are rapidly expanding our manufacturing footprint through major capacity
additions in Fujian, China and Singapore," said Steve Pryor, president,
ExxonMobil Chemical Company. "The decision to build a technology center in
Shanghai reinforces our long-term commitment to China and the region. The new
investment will support our growing sales of premium products by providing
innovative solutions to customer needs.”
The technology center in Shanghai is
expected to be operational in 2010.
2009/10/26 Gulf Times
October, 2009,ExxonMobil in talks with
QP for mega petchem JV
ExxonMobil is in discussions with QP to develop a world-scale petrochemical
complex in Qatar, ExxonMobil senior vice-president Mark W Albers has said.
proposed project would position Qatar very well in the global petrochemical
industry,” he said in an exclusive interview with Gulf Times
ExxonMobil Chemical Qatar and QP have signed a heads of agreement to do
for the proposed petrochemical
complex in Ras Laffan.
Albers said he hoped there would be ‘significant opportunities'
to develop the North Field
resources, the largest non-associated gas field in the world.
understand more about the reservoir, we will be able to take a decision on new
investments in Qatar,” he said.
Albers said ExxonMobil is looking towards the start-up of Al Khaleej Gas-2
before the year-end.
AKG-2 is the second phase of Al Khaleej Gas project, which is being developed
with QP to meet Qatar's long-term domestic gas supply requirements.
AKG-2 will supply approximately 1.25bn cu ft per day of gas as well as
condensate, ethane and LPG.
are working with QP towards a mechanical completion of RasGas Train 7 by the
year-end,” he said.
Train 7 is being set up under RasGas III (RL 3) and will have the capacity to
produce 7.8mn tonnes a year of LNG, about 50,000 bpd of condensate and 24,000
bpd of LPG. RL3 customers will include those in the US and Asian markets.
Asked about the impact of the global financial crisis on ExxonMobil, Albers
said, “Our approach has always been long-term. We always
look through the low and high price cycles.
investments only after a thorough study. So we don't have to change our policy with price
fluctuations. Our timeframe for investments is decades ? often up to 40 years.
investment plans have not really changed with the current economic crisis. We
plan to invest some $25bn to $30bn globally over the next three or four years.
We have not retrenched our personnel on account of the economic downturn. That
gives us a competitive advantage to focus on the long term.”
Albers said it is important that
countries around the world have stable fiscal environments that facilitate sound
investments. Companies must be able to invest with confidence ? not just in
energy, but in other industries as well. He said ExxonMobil embraces the four
pillars of Qatar's National Vision 2030 of human, social, economic
and environmental development.
November 30, 2009
ExxonMobil Chemical Announces Expansion at Its Rotterdam Aromatics Plant
ExxonMobil Chemical announced the completion and start-up of an expansion at its Rotterdam Aromatics Plant. The expansion has made this world-scale plant
ExxonMobil's largest paraxylene production facility.
Paraxylene capacity at the plant has been increased by 25
percent to 700,000 tons, and benzene capacity increased by 20 percent to
830,000 tons per annum. The
expansion at the Rotterdam complex, owned and operated by ExxonMobil Chemical
Holland B.V., was announced in 2007 and completed on schedule.
The expansion is part of ExxonMobil Chemical's strategy to develop world-scale,
highly integrated chemical facilities with globally competitive cost structures.
The new unit in Rotterdam benefits from integration with existing facilities and
captures a number of synergies with the base plant.
expansion demonstrates ExxonMobil's commitment to invest, across the business
cycle, in order to meet the longer term, growing customer demand for these
products,” said T.J. Wojnar, senior vice president,
ExxonMobil Chemical Company. “This project is an example of our continued
efforts to meet the supply and quality needs of our global customers."
The new unit employs ExxonMobil's proprietary PxMaxSM technology to produce
paraxylene and benzene. The PxMax process improves selectivity, generates less
waste and reduces energy requirements versus existing technologies.
August 30, 2011
Rosneft and ExxonMobil to Join Forces for
Development of Arctic and Black Sea Resources, Expand Technology Sharing and
Implement Joint International Projects
- US $3.2
billion exploration program planned for Kara Sea and Black Sea
Establishment of a joint Arctic Research and Design Center for Offshore
Development in St. Petersburg
participation in ExxonMobil projects in the U.S. and other countries
with a focus on building offshore and tight oil expertise
operations to develop Western Siberia tight oil resources
form partnership to undertake projects in the Russian Federation and
Rosneft and ExxonMobil have executed a
Strategic Cooperation Agreement under which the companies plan to
undertake joint exploration and development of
hydrocarbon resources in Russia, the United States and
other countries throughout the world, and commence technology and
expertise sharing activities.
The agreement, signed by Rosneft President
Eduard Khudainatov and ExxonMobil Development Company President Neil Duffin in
the presence of Russian Prime Minister Vladimir Putin, includes approximately US
$3.2 billion to be spent funding exploration of East Prinovozemelskiy Blocks 1,
2 and 3 in the Kara Sea
and the Tuapse License Block in the Black Sea,
which are among the most promising and least explored offshore areas globally,
with high potential for liquids and gas.
In the course of these projects, the
companies will use global best practices to develop state-of-the-art safety and
environmental protection systems.
The agreement also provides Rosneft with an
opportunity to gain
equity interest in a number of ExxonMobil's exploration
opportunities in North America,
including deep-water Gulf of Mexico and tight oil fields in Texas (USA), as well
as additional opportunities in other countries. The companies have also agreed
to conduct a joint study of developing tight oil resources
in Western Siberia.
Tight Oil : 孔隙率および浸透率の低い油層からの原油、Shale Oil
The companies will create an
Arctic Research and Design Center for Offshore
Developments in St. Petersburg, which will be staffed by Rosneft and
ExxonMobil employees. The center will use proprietary ExxonMobil and Rosneft
technology and will develop new technology to support the joint Arctic projects,
including drilling, production and ice-class drilling platforms, as well as
other Rosneft projects.
“We have a clear vision for Rosneft's
strategic direction – building world-class expertise in offshore business and
enhancing oil recovery,” said Rosneft president Eduard Khudainatov, following
the signing ceremony. “The partnership between Rosneft with its unique resource
base, and the largest and one of the most highly capitalized companies in the
world reflects our commitment to increasing capitalization of our business
through application of best-in-class technology, innovative approach to business
management, and enhancement of our staff potential. This venture comes as a
result of many years of cooperation with ExxonMobil and brings Rosneft into
large scale world-class projects, turning the company into a global energy
ExxonMobil Development Company President Neil
Duffin said: "Today's agreement with Rosneft builds on our
15-year successful relationship in the Sakhalin-1 project. Our
technology, innovation and project execution capabilities will complement
Rosneft's strengths and experience, especially in the area of understanding the
future of Russian shelf development.”
Rex Tillerson, chairman and chief executive
officer of Exxon Mobil Corporation, who attended the ceremony, said ExxonMobil
will benefit Russian energy development by working closely with Rosneft.
“This large-scale partnership represents a
significant strategic step by both companies,” said Tillerson. “This agreement
takes our relationship to a new level and will create substantial value for both
The agreement provides for constructive
dialogue with the Russian Federation government concerning creation of a fiscal
regime based on global best practices.
Additionally Rosneft and ExxonMobil will
implement a program of staff exchanges of technical and management employees
which will help strengthen the relationships between the companies and provide
valuable career development opportunities for personnel of both companies.
NOTE TO EDITORS:
The East Prinovozemelskiy License Blocks have
a total area of 126,000 square kilometers (30 million acres) in water depths
ranging between 50 and 150 meters (165 feet and 500 feet).
Tuapse Block in the Black Sea has the total area of 11,200 square kilometers
(2.8 million acres) and water depths ranging from 1,000 to 2,000 meters (3,300
feet and 6,500 feet).
Rosneft equity interest in both joint
ventures will be 66.7 per cent, while ExxonMobil
33.3 per cent.
Oct. 19, 2011
Badger Licensing to Provide Cumene Technology to Lihuayi Weiyuan Chemical
Company in China
Badger Licensing LLC (Badger) today announced that it was awarded a contract by
Lihuayi Weiyuan Chemical Co., Ltd. (Lihuayi)利华益维远化工有限公司 to provide its
proprietary technology for a 300,000 metric tons
per annum grassroots cumene plant in Dongying City東営市,
Shandong Province, People's Republic of China. The contract includes technology
license, engineering, start-up services and corresponding training for Lihuayi.
"Badger is committed to bringing reliable, proven technology to our customers at
a low operating and capital cost," said Mark Healey, president of Badger. "We
believe this plant will help Lihuayi become a major player in the Chinese
Cumene, a precursor to the production of phenol, bisphenol A and polycarbonate,
has seen strong worldwide growth recently, particularly in China. More than nine
million metric tons of cumene capacity has been licensed by Badger and its
predecessor companies since the technology was introduced in 1995.
Badger Licensing LLC, headquartered in Cambridge, MA, USA, is a venture of
affiliates of The Shaw Group SHAW -1.96% and ExxonMobil Corporation XOM +0.09% .
Badger Licensing is principally engaged in marketing, licensing, and developing
technologies for ethylbenzene, styrene monomer, cumene, and bisphenol A. The
venture also supplies basic engineering packages for the licensed processes
through Shaw. Catalyst is supplied to Badger's licensees by ExxonMobil Catalyst
1. Badger Licensing LLC is a joint venture between Badger Technology Holdings
LLC (affiliate of The Shaw Group Inc.) and Alkylation Licensing LLC (affiliate
of ExxonMobil Corporation).
March 08, 2012 ExxonMobil
ExxonMobil Plans Five-Year Investment of $185 Billion to Develop New
Exxon Mobil Corporation plans to invest approximately $185
billion over the next five years to develop new supplies of energy to
meet expected growth in demand, Chairman and CEO Rex W. Tillerson said today in
a presentation at the New York Stock Exchange.
“During challenging times for the global economy, ExxonMobil continues to invest
to deliver the energy needed to underpin economic recovery and growth,”
Tillerson said in a presentation to investment analysts.
Tillerson said that even with significant efficiency gains, ExxonMobil expects
global energy demand to increase by 30 percent by 2040, compared to 2010 levels.
Demand for electricity will make natural gas the fastest growing major energy
source and oil and natural gas are expected to meet 60 percent of energy needs
over the next three decades.
To help meet that demand, ExxonMobil is anticipating an investment profile of
approximately $37 billion per year through the year 2016.
“An unprecedented level of investment will be needed to develop new energy
technologies to expand supply of traditional fuels and advance new energy
sources,” said Tillerson. “We are developing a diverse portfolio of high-quality
opportunities across all resource types and geographies.”
A total of 21 major oil and gas projects will begin
production between 2012 and 2014. In 2012 and 2013, the company expects to start
up nine major projects and anticipates adding over 1 million net oil-equivalent
barrels per day by 2016.
At the meeting the company outlined its major achievements in 2011 and plans for
the future. Highlights include:
ExxonMobil replaced 107 percent of its 2011 production (116 percent excluding
asset sales), increasing proved reserves to 24.9 billion oil equivalent barrels.
It was the 18th consecutive year the company replaced more than 100 percent of
its production, with proved reserve additions of 1.8 billion oil-equivalent
Nine major upstream projects are expected to start-up in the next two years
including four in West Africa, Kashagan Phase 1 in Kazakhstan and the Kearl Oil
Sands project in Canada.
In the downstream, the company completed a large project at the
Thailand refinery, which is expected to increase
the supply of lower sulfur motor fuels by more than 50 thousand barrels per day.
Additional projects are under way, including new facilities at ExxonMobil's
Singapore refinery and at a joint-venture refinery in Saudi Arabia.
A major expansion at the
Singapore chemicals facilities is nearing completion. Commissioning and
startup activities are expected to continue through 2012 and will provide a
world-scale integrated platform with unparalleled feedstock flexibility. The
expansion will add 2.6 million tonnes per year of additional capacity and will
help meet demand growth in Asia Pacific.
This is the 10th year that ExxonMobil has made an annual presentation to
analysts at the New York Stock Exchange.
Fracking Failing to Crack China, Europe Shale, Exxon Says
Some shale formations in Europe and China are impervious to drilling techniques
that opened vast reserves of natural gas and oil from Texas to Pennsylvania,
said Rex Tillerson, Exxon Mobil Corp.'s chief executive officer.
New methods and tools will need to be invented to tap many of the shale fields
that energy companies and governments expect eventually to yield a bonanza of
fuel, Tillerson said during a meeting with analysts in New York today.
Exxon, the largest U.S. gas producer after its 2010 acquisition of
shale driller XTO Energy,
failed in its first two efforts to crack gas-rich shale fields
in Poland. Gas discovered in a pair of wells finished during the final
three months of last year didn't flow, even after the company used high-pressure
jets of water and sand to create fissures in the rocks.
“Some of the shales don't respond as well to hydraulic fracturing,” Tillerson
said during a meeting with reporters after his presentation to analysts. “It's
going to take research and time in the lab to understand that.”
Some parts of U.S. shale formations also have
proven impervious to hydraulic fracturing, or fracking, he said. The company is
studying whether using different fluids, proppants or pumping techniques will be
successful, Tillerson said. Proppants are tiny granules of sand or ceramic used
to hold open fissures that allow oil and gas to flow through rock.
“Parts of some of these well-known shale plays everyone's all excited about
don't work,” Tillerson said. The geologic obstacles may stem from the
depositional history of the formations and factors such as high temperatures
deep under ground, he said.
Yet-to-be developed fields in shale rock and under deep seas are expected to
contribute 1 million barrels a day of new oil production by 2025, Yves-Louis
Darricarrere, president of exploration and production for Paris-based Total SA
(FP), said on March 6 at the CERAWeek conference in Houston.
Exxon's U.S. shale holdings include 400,000 acres in the Bakken region of North
Dakota and Montana, 800,000 acres in the Permian Basin in west Texas and New
Mexico, and 170,000 acres in the Oklahoma's Woodford Shale, Tillerson said.
Despite the Polish setback, Tillerson said shale and other so-called
unconventional geologic formations will become a “cash cow” for Exxon.
Exxon agreed last year to explore shale fields in China
with China Petrochemical Corp. The company also has shale projects under
way in Argentina's Vaca Muerta formation.
Tillerson is spending $37 billion this year to find and produce oil, gas,
chemicals and motor fuels. Spending on capital projects will continue at that
pace through 2016, he said today.
Oil and gas production will fall 3 percent this year because of surging oil
prices that will curb the company's share of output from wells in some nations.
The production forecast is based on a $111 a barrel average price for Brent
The output decline stems from contracts in countries such as Nigeria that reduce
the company's share of production as crude prices escalate.
Tillerson plans 21 major oil and gas projects that will begin production between
2012 and 2014. This year and next, the company expects to start up nine major
projects and anticipates adding the equivalent of more than 1 million net
barrels a day by 2016.
“An unprecedented level of investment will be needed to develop new energy
technologies to expand supply of traditional fuels and advance new energy
sources,” Tillerson said in remarks prepared for today's meeting.
The company's 2012 exploration portfolio includes projects in Tanzania, Guyana
and Ireland, according to the presentation materials.
Exxon fell 1.2 percent to $84.83 at the close in New York. The shares are little
changed in the past year.
The prohibition of hydraulic
fracturing by Law No.2011-835
On July 13, 2011, France enacted Law No.
2011-835 aimed at prohibiting the exploration and exploitation of liquid
or gas hydrocarbon mines using hydraulic fracturing and repealing exclusive
exploration permits including projects involving such technique (the
"Law"). This Law was initiated by a bill that had been submitted to the
Parliament by the majority party.
According to Article 1 of the Law, the
exploration and exploitation activities using the hydraulic fracturing
technique are now prohibited. This prohibition is grounded on the 2004
Environmental Charter ("Charte de l'environnement") and on the
principle of preventive and corrective action set forth by Article L.110-1
of the Environment Code.
Law does not prohibit Shale Gas
exploration itself but only the technique of hydraulic fracturing. As a
consequence, the Law leaves the door open to the development of alternative
techniques by petroleum companies allowing them to be granted Shale Gas
exploration or exploitation permits.
Three exploration permits, which had been
granted to US company Schuepbach in Nant (Aveyron) and Villeneuve-de-Berg (Ardèche)
and to French company Total in Montélimar (Drôme), were repealed on October
April 16, 2012 ExxonMobil
Rosneft and ExxonMobil Announce Progress in Strategic Cooperation
Joint ventures being created to explore in Russian Black Sea and Kara
Sea; initial planning and exploration steps taken at the license areas in
Rosneft subsidiaries take equity in promising exploration and development
projects in the United States and Canada
Russian government's new tax approach strengthens incentives for offshore
Rosneft and ExxonMobil today signed agreements to implement
a long-term Strategic Cooperation Agreement concluded in August 2011
to jointly explore for and develop oil and natural gas in Russia and to share
technology and expertise.
The agreements were signed by Rosneft President Eduard Khudainatov; Rex W.
Tillerson, chairman and chief executive officer of Exxon Mobil Corporation;
Stephen M. Greenlee, president of ExxonMobil Exploration Company; and Neil W.
Duffin, president of ExxonMobil Development Company, in the presence of Russian
Prime Minister Vladimir Putin and Deputy Prime Minister Igor Sechin.
The agreements signed today form joint ventures to manage an exploration program
in the Kara Sea and Black Sea. They also set the terms for investments to be
made by the partners in Russian offshore projects. The initial cost of
preliminary exploration is estimated at over US $3.2
Neftegaz Holding America Limited, an independent indirect subsidiary of Rosneft
registered in Delaware, concluded separate agreements on the acquisition of a
30 percent equity in ExxonMobil's share in the La Escalera
Ranch project in the Delaware Basin in West Texas in the United States.
Neftegaz Holding America Limited will also be given the right to acquire
a 30 percent interest in 20 blocks held by ExxonMobil in
the U.S. Gulf of Mexico, one of the most oil and gas rich basins in the
world. The ExxonMobil blocks are located in prospective areas of the Western
part of the Gulf.
In addition, RN Cardium Oil Inc., an independent Rosneft subsidiary, acquired
30 percent of ExxonMobil's stake in the Harmattan acreage
in the Cardium formation of the Western Canada Basin in Alberta, Canada.
The Cardium formation is an active unconventional oil play in which ExxonMobil
has a significant acreage position. The execution of that project may become a
source for the development of technologies for unconventional reservoirs in
Commenting on the agreements, Eduard Khudainatov said: “Today Rosneft and
ExxonMobil enter offshore projects of unprecedented scale in the Russian Arctic
and Black Sea regions, which are home to the world's largest hydrocarbon
resources base. In so doing we lay the foundation for long-term growth of the
Russian oil and gas industry. I am certain that 15 years of Rosneft and
ExxonMobil partnership, as well as the use of the latest environmentally safe
technologies and unique experience will allow Rosneft to become one of the
global leaders in the oil and gas industry.”
Rex Tillerson said the agreements are a critical step forward in strategic
“These agreements are important milestones in this strategic relationship,” said
Tillerson. “Our focus now will move to technical planning and execution of safe
and environmentally responsible exploration activities with the goal of
developing significant new energy supplies to meet growing global demand.”
Eduard Khudainatov and Rex Tillerson said they were encouraged to proceed with
these projects by the Russian government's efforts to reform taxation of the
high-potential oil industry sectors and improve investment conditions for
foreign and Russian oil companies.
As part of implementation of the Strategic Cooperation Agreement, exploration
activity began in the Tuapse license Block in the Black
Sea in Russia in September 2011. The seismic program is now 70 percent
complete. Interpretation of data collected will be carried out following program
completion, which is scheduled for the second quarter of 2012. Drilling of the
first exploration well is planned for 2014-2015.
In the Kara Sea, plans are under way to undertake seismic and environmental
programs of East Prinovozemelsky blocks later this year in anticipation of a
potential exploration well in 2014.
Rosneft and ExxonMobil have also signed an agreement to
jointly develop tight oil production technologies in Western Siberia.
This will enable the companies to later discuss undertaking joint projects to
explore and develop prospective areas with unconventional oil potential in
A program of technical and management staff exchanges
has been agreed to by the companies and their affiliates including
positions in geology, geoscience, field development, well drilling, finance,
logistics, safety, health and the environment. The knowledge and experience
exchange will not only strengthen relationships between the two companies and
their affiliates but also provide career development opportunities.
The Arctic Research and Design Center for Offshore
Developments will provide a full range of research and design services to
support the development of offshore fields. The main roles of the center include
supporting all stages of oil and gas field development on the Arctic shelf and
helping ensure projects are environmentally safe, including through the
provision of technical support in environmental monitoring. The center will also
support offshore safety. A special Offshore Accident and Emergency Warning and
Prevention Service will be created to help prevent and respond immediately to
any emergencies or accidents.
Rosneft and ExxonMobil will provide an update on their Strategic Cooperation
Agreement in a presentation to investment analysts on Wednesday, April 18, 2012
at 8:30 a.m. CT. A webcast of the presentation will be available in English and
Russian at www.exxonmobil.com.
Exxon Mobil plans major new U.S. chemical plant
Exxon Mobil Corp , the world's largest publicly traded energy company, plans
to build a multi-billion dollar chemical plant in Texas
to take advantage of cheap North American shale gas,
according to a U.S. environmental filing seen by Reuters.
The plant, which could be online as soon as 2016, would sharply crank up Exxon
Mobil's chemical production capacity and help it compete more effectively with
rival Dow Chemical Co , the largest U.S. chemical maker.
Exxon Mobil has been North America's largest natural gas
producer since its 2010 purchase of XTO Energy Inc.
By using its own natural gas in chemical production
- something Dow is not able to do because it does not drill - Exxon Mobil
further slashes its costs.
ExxonMobil は2009年12月21日、XTO Energyを410億ドルで買収すると発表した。
45兆立方フィートのガス資源を有しており、Barnett, Fayetteville, Haynesville,
The company had said as recently as last year it had no plans to expand
chemical production in the United States. However,
decades-low natural gas prices proved too much too resist.
Its decision to build the new plant also comes after a recent announcements by
Dow, as well as Royal Dutch Shell Plc , LyondellBasell and others to expand
their own U.S. chemical production.
U.S. natural gas prices have dropped more than 20 percent so far this year.
Chemical industry trade groups expect prices to remain low for years due in part
to ramped up production from the shale reserves.
That gives U.S. producers a large cost advantage over European and Asian rivals,
many of whom have to use crude oil-derived naphtha to make chemicals.
Exxon Mobil's plant, if approved, will be built at the company's
Baytown complex and is expected to produce
1.5 million tons annually of ethylene, a key
material in plastics production.
The ethylene will be piped to the company's nearby Mont
Belvieu complex, where it will be used in two
planned polyethylene production facilities, each
expected to have an annual capacity of 650,000 tons per year.
Polyethylene is commonly used to make packaging and upholstery.
The expansion should create 10,000 construction jobs and boost Exxon Mobil's
permanent work force in Baytown, Texas, by 350 to 6,850, the company said.
More than $90 million per year in additional tax revenue and 3,700 extra jobs
will be created in the local community, Exxon Mobil estimates.
Construction should begin by next March, according to the filing.
Exxon Mobil filed with the U.S. Environmental Protection Agency and Texas
officials earlier this month. It expects regulatory approval within the year.
October 17, 2012
ExxonMobil Canada Acquires Celtic Exploration Ltd., Including Liquids-Rich
Montney Shale Acreage
649,000 net acres in the Montney and Duvernay shales in Alberta
ExxonMobil Canada today announced an agreement with Celtic
Exploration Ltd. under which an ExxonMobil Canada affiliate will acquire
Under the terms of the agreement, ExxonMobil Canada will acquire 545,000 net
acres in the liquids-rich Montney shale, 104,000
net acres in the Duvernay(Kaybob) shale and
additional acreage in other areas of Alberta.
Current production of the acreage to be acquired is 72
million cubic feet per day of natural gas and 4,000 barrels per day of crude,
condensate and natural gas liquids. The assets were estimated by
Calgary-based Celtic Exploration at December 31, 2011 to include an estimated
128 million oil equivalent barrels of proved plus probable reserves, of which 24
percent are crude, condensate and natural gas liquids and 76 percent natural
Approximately 60 employees at Celtic Exploration will be given the
opportunity to transition to ExxonMobil employment.
Shareholders of Celtic Exploration will receive C$24.50 per share and half a
share of a newly established company which will hold assets not included in the
agreement with ExxonMobil Canada. These assets include acreage in the Inga area
in British Columbia, the Grande Cache area in Alberta and interests in oil and
gas properties located in Karr, Alberta.
Canadian affiliates of ExxonMobil and Celtic have entered into an
agreement for the purchase by a subsidiary of ExxonMobil Canada of all of
Celtic's outstanding common shares at a cash price of C$24.50 per share.
Additionally, Celtic shareholders will receive 0.5 of a share of a new
company, 1705972 Alberta Ltd. (“Spinco”), for each Celtic common share.
Including the amount to be paid for Celtic's outstanding convertible
debentures and including Celtic's bank debt and working capital obligations,
the transaction is valued at approximately C$3.1 billion (excluding the
estimated value of Spinco shares). The transaction is to be completed by way
of an arrangement under the Business Corporations Act (Alberta).
The agreement is subject to approval by Celtic Exploration's shareholders
and Canadian regulatory authorities.
“This acquisition will add significant liquids-rich
resources to our existing North American unconventional portfolio,” said
Andrew Barry, president of ExxonMobil Canada. “Our financial and technical
strength will enable us to maximize resource value by leveraging the experience
of ExxonMobil subsidiary XTO Energy, a leading U.S.
oil and natural gas producer which has expertise in developing tight gas, shale
oil and gas and coal bed methane.”
ExxonMobil は2009年12月21日、XTO Energyを410億ドルで買収すると発表した。
45兆立方フィートのガス資源を有しており、Barnett, Fayetteville, Haynesville,
ExxonMobil Canada, a subsidiary of Exxon Mobil Corporation, has a long
history in Canada that dates back to the 1940s. The company is a leader in the
Atlantic Canada offshore, where it operates the Sable project in Nova Scotia, is
lead owner of the Hibernia project in Newfoundland and Labrador, where it is
developing the Hebron project. ExxonMobil Canada has additional assets in
Western and Northern Canada.
ExxonMobil's Canadian affiliate, Imperial Oil Limited, is not a party to the
transaction, but may elect to participate at a later date through its existing
agreement with ExxonMobil Canada that provides for up to equal participation in
new Canadian upstream opportunities. Imperial Oil Limited has advised that it is
currently evaluating this opportunity.
December 11, 2012 ExxonMobil
ExxonMobil's Outlook for Energy Forecasts Shift in Global Energy Balance
and New Opportunities for International Trade and Economic Growth
・Global energy demand expected to be 35 percent higher in 2040 versus 2010 as
population and economy grow
・North America likely to transition to net energy exporter by 2025
・Oil and natural gas supplies benefit from advanced technologies and will meet
about 60 percent of global energy demand in 2040
The global energy landscape will evolve significantly as regional
demand-and-supply patterns shift in the coming decades, creating new
opportunities for international trade and economic growth, says ExxonMobil's
Outlook for Energy: A View to 2040, which was released today.
“Energy is fundamental to our way of life and essential to grow our economy,”
said Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil
Corporation. “Understanding future energy trends is critical for effective
policy decisions that can help ensure safe, reliable and affordable energy
development and economic growth, job creation and expanded global trade.”
In its annual forecast, ExxonMobil projects that global
energy demand in 2040 will be approximately 35 percent higher than in
2010. Future energy needs will be supported by more efficient energy-saving
practices and technologies, increased use of less-carbon-intensive fuels such as
natural gas, nuclear and renewables, and the development of unconventional
energy sources that were previously inaccessible without technology advances.
Oil will continue to be the most widely used fuel, but natural gas -- the
fastest growing major fuel -- is expected to overtake coal by 2025 as the second
most used fuel. Demand for natural gas will increase by about 65 percent through
2040, and 20 percent of global production will occur in
North America, supported by growing supplies of gas from shale and other
New technologies will continue to be key to development of reliable and
affordable energy, which is central to economic growth and human progress, the
Outlook for Energy concludes. Significant advancements in oil and natural gas
technologies have safely unlocked vast new supplies, already changing the energy
landscape in North America and expanding supplies to help meet growing global
The Outlook for Energy projects that North America is likely to transition
to a net energy exporter by 2025. Over the next two decades, more than half of
the growth in unconventional natural gas supply will be in North America,
providing a strong foundation for increased economic growth across the United
States, and most notably in industries such as energy, chemicals, steel and
These resources will also create new opportunities for global trade with
countries in Europe and the Asia Pacific region, which are reliant on
international markets to meet domestic energy requirements. The changing
landscape and resulting trade opportunities will continue to provide consumers
with more choices, value, wealth and good jobs.
The Outlook for Energy projects that energy for electricity generation
will continue to be the largest component of global demand and is expected to
grow by 50 percent to 2040. The growth reflects an expected 85 percent increase
in electricity demand, led by developing countries where 1.3 billion people are
currently without access to electricity.
As the world gradually transitions from coal to cleaner fuels for electricity
generation, natural gas, nuclear and renewable energy sources, including wind
and solar, will represent a greater share of the global energy mix. Natural gas,
which emits up to 60 percent less carbon dioxide than coal when used for
electricity generation, will grow the most. By 2040, natural gas will account
for 30 percent of global electricity generation, compared to less than 25
The Outlook for Energy highlights the important role of efficiency in
helping balance energy demand with the growing world economy. Energy-saving
practices and technologies, such as hybrid vehicles and high-efficiency natural
gas power plants, will help countries in the Organization for Economic
Cooperation and Development (OECD) increase economic output by 80 percent
without increasing total energy use. In the transportation sector, the number of
cars on the road worldwide is expected to approximately double by 2040, but the
fuel demand will actually plateau and gradually decline as consumers turn to
smaller, lighter vehicles and technologies improve fuel efficiency.
The Outlook for Energy is developed each year by a team of experts using a
combination of public and proprietary sources, and guides ExxonMobil's global
investment decisions. Many of its findings are similar to those from other
respected organizations, including the International Energy Agency. ExxonMobil
publishes The Outlook for Energy each year to encourage broader understanding of
energy issues among policymakers and the public to enable informed decisions on
Among this year's findings:
Energy demand in non-OECD countries will increase 65 percent by 2040 compared to
2010, reflecting growing prosperity in nations that include more than 80 percent
of the world's population.
Electricity generation is expected to account for more than half of the increase
in global energy demand over the next few decades. Natural gas, nuclear and
renewables will grow to meet rising electricity demand, while coal and oil use
for power generation will decline.
Global transportation-related energy demand will rise by more than 40 percent
from 2010 to 2040. The growth is almost entirely from commercial transportation
-- heavy duty, aviation, marine and rail -- as expanding economies and
international trade spur greater movement of goods.
Evolving demand and supply patterns will open the door for increased global
trade opportunities. The changing energy landscape in conjunction with an
abundance of free trade opportunities will help lead to more choices and
creation of value that helps fuel economic growth and improve living standards
Demand for reliable, affordable energy exists every day in every community.
Meeting this demand requires foresight and effective long-term planning followed
by huge investments and years of work to build the infrastructure required to
produce and deliver energy around the world. It also takes an ongoing ability to
understand and manage an evolving set of technical, financial, geopolitical and
environmental risks in a dynamic world. The Outlook for Energy is an essential
tool to help ExxonMobil provide the energy needed for continuing human progress.
For more information about ExxonMobil's Outlook for Energy, visit
Cautionary Statement: The Outlook and this release contain forward-looking
statements. Actual future conditions (including economic conditions, energy
demand, international trade flows, energy supply sources, and efficiency gains)
could differ materially due to changes in law or government regulation and other
political events; changes in technology; the development of new supply sources;
demographic changes; and other factors discussed in The Outlook and under the
heading "Factors Affecting Future Results" on the Investors page of our website
at www.exxonmobil.com. See also Item 1A of ExxonMobil's latest Form 10-K.
New Hampshire Asks Jury for $236 Million From Exxon Mobil
Exxon Mobil Corp. should pay New Hampshire $236 million in damages for
contaminating its drinking water with the gasoline
additive MTBE, the state's lawyers told a jury that is set to begin
The oil company knew that MTBE was hazardous and would pollute the groundwater
and still approved its use for economic reasons, lawyers for New Hampshire told
the jury during closing remarks today in Concord.
“Exxon disregarded the recommendations of the very people they tasked with
studying MTBE,” Jessica Grant, a lawyer for the state, said to the jury. “They
had red flags going up left and right and they never reconsidered using MTBE.”
Exxon Mobil, the last defendant in the state's $816
million lawsuit over the additive, has argued that it was complying with
a federal mandate to reduce air pollution when it added MTBE, or methyl tertiary
butyl ether, to gasoline and that the chemical hadn't harmed anyone in the
state. The company also said the state was aware of the chemical's risks when it
entered a federal program designed to fight air pollution.
“They're looking for a lot of money, and most importantly they're looking for a
scapegoat,” James Quinn, a lawyer for Irving, Texas-based Exxon Mobil, said in
his closing statement today. “There's nothing strange or nefarious or secretive
about it. Everybody was involved in these decisions.”
Grant later responded by saying, “Exxon Mobil is not a scapegoat. This is a case
about Exxon's deliberate choices.” The choice was made for economic reasons, she
The state is seeking monetary damages from Exxon Mobil based on
its share of gasoline sales in New Hampshire from
1988 to 2005, which it estimated at about 30 percent.
New Hampshire's lawyers told the jury today it would cost $305 million to sample
wells, $218 million to clean up high-risk sites, $142 million to pay for past
cleanup costs and $150 million to treat drinking water in contaminated wells,
for a total of about $816 million. Based on its
market share, Exxon Mobil should pay $236 million.
Exxon Mobil has challenged that market-share estimate and said that using
refinery data would have resulted in a figure as low as 6.9 percent.
A 12-person jury will be asked to determine Exxon Mobil's market share for that
period if it finds the company liable for damages. The trial started Jan. 14.
Exxon Mobil is the sole defendant since Citgo Petroleum
Corp., the Houston-based unit of Venezuela's state-owned oil company, agreed to
a $16 million settlement in February.
New Hampshire's suit is one of scores of cases involving MTBE filed since 2000
against refiners, fuel distributors and chemical makers.
Other MTBE lawsuits have been consolidated in federal court in New York for
pretrial evidence-gathering and motions. In 2009, a federal jury ordered
Exxon Mobil to pay New York City $104.7 million
after finding it liable for polluting wells in the city. Exxon Mobil appealed
and is awaiting a ruling from the U.S. Court of Appeals.
Maryland's court of appeals in February reversed two jury verdicts against
Exxon Mobil. The plaintiffs had won $1.65 billion in two cases that alleged
financial harm and property damage from an underground gasoline leak in 2006
that released MTBE into the water. The appeals court said Exxon Mobil hadn't
made fraudulent statements and the plaintiffs hadn't shown they were physically
harmed by the leak.
Exxon Mobil has argued in New Hampshire that it was complying with federal
regulations, which pre-empt state law, when it added MTBE to gasoline. The
additive made gasoline burn more thoroughly, thus reducing air pollution from
vehicle emissions, as required under the 1990 Clean Air Act.
New Hampshire witnesses testified that oil companies could have used a chemical
other than MTBE to increase the oxygen content of the fuel, such as ethanol.
They said that Exxon Mobil's own research showed MTBE would contaminate
groundwater and be costly and difficult to remove.
Exxon Mobil said in court that ethanol wasn't a good choice as an additive
because at the time of the federal mandate it wasn't widely available. The
company said it went ahead with MTBE despite a staff memo warning of its hazards
because the benefits, in reducing air pollution, outweighed the risks.
Studies by the American Petroleum Institute were cited in court showing that at
mid-to-high levels of ingestion or inhalation MTBE elevated the risk of brain
tumors, liver cancer, blood cancer and kidney cancer in mice and rats. Exxon
Mobil said there has been no evidence of MTBE-caused illness in humans.
MTBE, which New Hampshire banned in January 2007, is highly soluble in water and
can be carried a great distance from the source of leaks. It leaked from gas
stations, vehicle junkyards, underground storage tanks and pipe fittings, the
The state estimated that 5,590 New Hampshire wells have levels of MTBE
determined to be unfit for drinking, which it said is 13 parts of MTBE per
billion parts of water.
In 2003, New Hampshire sued Exxon Mobil, Shell Oil Co., Sunoco Inc.,
ConocoPhillips , Irving Oil Ltd., Vitol SA, Hess Corp. and Citgo.
All settled before the trial began except Exxon Mobil and
Exxon Mobil fell 41 cents to $88.60 at 4:15 p.m. in New York Stock Exchange
composite trading. The stock has risen 2.4 percent this year.
The case is State of New Hampshire v. Hess Corp., 03-C- 0550, New Hampshire
Superior Court, Merrimack County (Concord).
June 21, 2013 ExxonMobil
Rosneft and ExxonMobil Advance Strategic Cooperation
Completed formation of joint ventures framework for Kara Sea and Black
Finalized agreements on seven Arctic license areas in the Chukchi, Laptev
and Kara seas
Establishing foundation for joint venture to implement West Siberia tight
oil pilot project
Moving to next planning phase for LNG project in Russian Far East
Rosneft and ExxonMobil today announced the achievement of several
milestones under their 2011 Strategic Cooperation
Agreement, including joint venture formation for the Kara Sea and Black
Sea projects, and establishing foundations for joint ventures to explore seven
other licenses in the Russian Arctic and to manage the joint West Siberia tight
oil project. The companies have also agreed to move to the next planning phase
for an LNG development in the Russian Far East.
The Black Sea and Kara Sea joint venture
operating companies, Tuapsemorneftegaz SARL and Karmorneftegaz SARL
respectively, will commence project implementation activities as operator
pursuant to agreement with Rosneft, which is the license holder. Rosneft holds
66.67 percent interest and ExxonMobil holds 33.33 percent interest in the two
projects. The initial cost of exploration in the two areas is estimated at more
than US $3.2 billion, the majority of which will be financed by ExxonMobil. In
2013 collection of data for both regions will continue until the commencement of
drilling operations in the Kara and Black seas in 2014.
In February, ExxonMobil and Rosneft announced plans to increase the scope of
their strategic cooperation by adding seven new blocks in
the Russian Arctic in the Chukchi Sea, Laptev Sea and Kara Sea, spanning
approximately 600,000 square kilometers (150 million acres). Rosneft and
ExxonMobil have entered into agreements that lay the foundation for joint
venture entities for these areas. Data acquisition is being planned for these
blocks, which represent some of the most promising and least explored offshore
areas globally. The license obligations stipulate that 14 exploration and
appraisal wells will be drilled and a significant amount of 2D and 3D seismic
will be conducted over the next 10 years.
Agreements are also now in place establishing the foundation for
a new joint venture for a tight oil pilot project in West
Siberia, where data collection operations are currently underway. Rosneft
will hold 51 percent interest and ExxonMobil will hold 49 percent interest in
Also in place is an agreement identifying further steps for the development of
an LNG plant in the Russian Far East. Following the
agreement, by the end of 2013 the parties will undertake work to determine an
LNG plant site, gas liquefaction technologies and commercial structure of the
project. Once this work is finalized, the parties plan to progress engineering
Agreements were signed today at the St. Petersburg International Economic
Forum by Igor I. Sechin, Rosneft president and chairman of the Management Board,
and Rex W. Tillerson, chairman and CEO of Exxon Mobil Corporation, in the
presence of Russian President Vladimir Putin.
Commenting on the agreements signed, Igor Sechin said, “I am glad to note the
activities outlined in the Strategic Cooperation Agreement are being implemented
ahead of schedule. I would like to thank the teams from both companies for their
hard and coordinated work. Our cooperation touches upon the most promising
aspects of today's oil and gas industry: Arctic shelf and deep water areas in
the Black Sea covering a total area of 773,000 square kilometers, tight oil in
West Siberia as well as a promising LNG project in the Russian Far East. We are
convinced that implementation of all these projects will benefit both companies'
shareholders. We believe it will also boost the development of the Russian oil
and gas industry and will have a multiplying effect on related industries,
already creating market demand for equipment, knowledge and technologies.”
“ExxonMobil is making a significant investment in Russia, and these agreements
serve as the foundation for our projects and future work together,” Tillerson
said. “Experience tells us that a good foundation is critical for success in the
Arctic and elsewhere. ExxonMobil's Sakhalin-1 project with Rosneft is an example
where we have put this experience to work.”
Additionally, on June 11, 2013 Rosneft and ExxonMobil signed agreements
regarding the creation of the Arctic Research Center and
the joint use of technologies in different regions of the world.
ExxonMobil will provide funding for the initial research phase of the Arctic
Research Center in the amount of $200 million. Rosneft and ExxonMobil will
equally fund the next $250 million to continue their joint research work. The
partners' interests are Rosneft 66.67 percent and ExxonMobil 33.33 percent. The
Arctic Research Center will build on current best practices of Rosneft and
ExxonMobil to create more environmentally safe and efficient technologies.
March 5, 2014
ExxonMobil to Build Butyl Rubber and Hydrocarbon Resin Plants
-- Expansion project will increase halobutyl
rubber production capacity
-- Hydrogenated hydrocarbon resin production unit will be the
-- Construction to begin in the second half of 2014 with completion
anticipated in 2017
ExxonMobil Chemical announced today that it will build
facilities to manufacture premium
halobutyl rubber and Escorez
hydrogenated hydrocarbon resin at its recently expanded
petrochemical complex in Singapore. Engineering and procurement
activities have begun, with construction expected to begin in
the second half of 2014 and completion
anticipated in 2017.
The company is a major supplier of halobutyl rubber to the
global tire industry, and this expansion project will add
production capacity of 140,000 tons per
year. The hydrogenated hydrocarbon resin production unit
will be the world's largest, with a capacity of
90,000 tons per year, to meet
long-term demand growth for hot-melt adhesives.
"Our expanded steam cracking capability at Singapore
provides a platform for growth through a wide range of
petrochemical building blocks that can be further upgraded to
specialty products," said Steve Pryor, president, ExxonMobil
Chemical Company. "We continue to invest in expanding capacity
at our strategic hub in Singapore, which is an ideal location to
efficiently serve the fast growing Asia Pacific market."
With 75 years of experience in butyl rubber production and
sales, ExxonMobil's halobutyl products provide outstanding air
retention for tires. According to ExxonMobil's Energy Outlook,
the global number of cars and light trucks is expected to double
by 2040 to 1.7 billion vehicles, which supports much of the
growth expected for halobutyl rubber.
Since the 1970s, ExxonMobil has been an industry leader in
process technologies and capacity expansions of specialty
tackifiers and polymers for the adhesives industry. Hydrogenated
tackifier demand is expected to double over the next 15 years.
Much of the growth is anticipated in Asia, where packaging,
woodworking and nonwovens manufacturers increasingly use hot
- 2014/3/6 日本経済新聞
Washington Penn acquires specialty compounded PP business from
Polypropylene compounding leader Washington Penn Plastic Co. has expanded
with the acquisition of the North American specialty compounded PP products
business of ExxonMobil Chemical Co., as per Plasticsnews.com. The deal
follows ExxonMobil's decision to stop producing those products in North
America. ExxonMobil customers impacted by the move now will transition to
As per an ExxonMobil spokesman, the firm had made those PP compounds at a
plant in Baton Rouge, La. That plant had been operated for ExxonMobil by
Chemtrusion Inc., a toll compounding firm based in Houston.
Production there will stop by the end of 2014.
Jun 19, 2014
ExxonMobil Chemical Company Begins Multi-Billion Dollar Expansion
Project in Baytown, Texas
ExxonMobil Chemical Company announced today that it has started construction
of a multi-billion dollar ethane cracker at its
Baytown, Texas, complex and associated premium product facilities in
nearby Mont Belvieu. This project, and major investments ExxonMobil has made
to develop oil and natural gas resources in the United States, including the
merger with XTO Energy, demonstrates the company's continuing commitment to
American economic growth and job creation.
The steam cracker will have a capacity of up to 1.5
million tons per year and provide ethylene feedstock for downstream
chemical processing, including processing at two new
650,000 tons per year high performance polyethylene lines at the company's
Mont Belvieu plastics plant.
“The project is made possible in large part by abundant, affordable supplies
of U.S. natural gas for energy and chemical feedstock,” said Steve Pryor,
president of ExxonMobil Chemical Company. The chemical industry and other
industrial sectors account for nearly 30 percent of U.S. natural gas demand.
“Shale development has provided U.S. chemical
producers a double benefit as an energy source and as a key raw material
to make plastics and other essential products, creating jobs and
economic activity across the value chain.”
The project will employ about 10,000 construction workers, create 4,000
related jobs in nearby Houston communities and add 350 permanent positions
at the Baytown complex. It is expected to increase regional economic
activity by roughly $870 million per year and generate more than $90 million
per year in additional tax revenues for local communities.
Contracts have been awarded for construction, which will begin immediately.
Contracts have been awarded to Linde Engineering North
America, Inc. and Bechtel Oil, Gas, and Chemicals, Inc. to build olefins
recovery units at the ExxonMobil Baytown Olefins Plant. Mitsui Engineering &
Shipbuilding Co, Ltd. and Huertey Petrochem S.A. will construct the new
olefins furnaces. At the Mont Belvieu Plastics Plant, Mitsubishi Heavy
Industries will construct two 650,000 tons-per-year high-performance
polyethylene lines. Jacobs Engineering, Ltd. will oversee enabling works and
interconnections at both locations. Dashiell Corporation and Wood Group
Mustang will provide specialty contracting services.
The expansion, coupled with ExxonMobil's global sales and technology support
network, enables ExxonMobil Chemical to economically supply a rapidly
growing demand for high-value polyethylene products. These premium products
deliver sustainability benefits such as lighter packaging weight, lower
energy consumption, and reduced emissions. ExxonMobil Chemical estimates
exports could increase significantly as a result of the expansion.
Production of these high-quality petrochemical products used in a wide range
of consumer and industrial applications is expected to start in 2017.
“This expansion will provide many great opportunities for workers with
technical skills who are interested in energy and chemical manufacturing.
These are high-paying jobs that lead to fulfilling and rewarding careers in
an industry that's vital to the American economy,” Pryor said. The average
annual wage in the Texas chemical industry is about $100,000.
To support the project's need for skilled workers, ExxonMobil has committed
$1 million to the Community College Petrochemical Initiative, a training
program offered by nine Houston-area community colleges to provide technical
skills to high school graduates, returning military veterans and others. The
program has earned state and federal recognition for recruiting and training
instrument technicians, welders, pipefitters and other skilled employees for
the chemical industry. This program will involve 50,000 students and
educators over the next five years.
For more information about the project or to learn more about a career in
the industry, visit www.HoustonNaturalGas.com or www.gulfcoastcc.org.
Prospective students may apply online or enroll at the campus of their
choice for classroom instruction, dual-credit courses, internships,
certificate programs and two-year degrees.
ExxonMobil, the largest publicly traded international oil and gas company,
uses technology and innovation to help meet the world's growing energy
needs. ExxonMobil holds an industry-leading inventory of resources, is the
largest refiner and marketer of petroleum products, and its chemical company
is one of the largest in the world. Follow ExxonMobil on Twitter at www.twitter.com/exxonmobil.
August 09, 2014 Reuters
ExxonMobil, Rosneft start joint Arctic drilling in defiance of
US oil giant ExxonMobil and Russia's Rosneft will continue
joint exploitation of the Russian Arctic despite Western sanctions,
the American company said as the two giants launched exploration drilling in
the Kara Sea.
"Our cooperation is a long-term one. We see great benefits here and are
ready to continue working here with your agreement,” Glenn Waller,
ExxonMobil's lead manager in Russia, told President Vladimir Putin during a
The Russian leader hailed the exploration project as an example of mutually
beneficial cooperation that strengthens global energy security.
Rosneft head Igor Sechin said the launch of the Universitetskaya-1 well
drill is one of the most important events for the company this year.
“We hope that this work will discover a new oil reserve here in the Kara
Sea. The development of the Arctic shelf would have a big and positive
effect for the Russian economy,” he said.
Sechin compared the resource base of the project to that of Saudi Arabia.
"This project will give Russia a new perspective and will ensure energy
security for the whole world. Comparing this project with others in the
world from the resource stand point, we can confidently say that it is
comparable with the largest resources, such as in Saudi Arabia, and
significantly exceeds the capabilities of offshore supply in the Gulf of
Mexico, Alaska and Canada," he told reporters on Saturday.
Sechin added that he is confident in the project. "At the moment there is no
project that is implemented at such latitudes, but at the same time, we are
confident in our success, we have good partners,” he said.
ExxonMobil Russia chief Glen Waller confirmed the strong partnership between
the companies. “Ours is a long-term partnership and we see great prospects
here, we are ready to continue our work,” he said.
Optimistic company forecasts put oil reserves in the Kara Sea as high as 13
billion tons, more than in the Gulf of Mexico, or the whole of Saudi Arabia.
The drilling is being done by the West Alpha oilrig, built by Norway's North
Atlantic Drilling. It has a deadweight of 30,700 tons and can drill wells in
the shelf up to 7 km deep.
The rig was equipped with an advanced iceberg warning system, which tracks
potentially dangerous icebergs, giving enough time for either support ships
to tow them away, or for the rig itself to seal off the well and evacuate to
Rosneft is one of the Russian companies targeted by Western nations, imposed
to punish Moscow for its stance over the Ukrainian crisis. Russia's
retaliation so far has been to ban the import of foodstuffs from the
countries that approved anti-Russian sanctions.
July 25, 2016
SABIC and ExxonMobil Evaluating Petrochemical Joint Venture on U.S. Gulf Coast
Potential new complex would be located in Texas
or Louisiana near natural gas feedstock
Project would include a steam cracker and derivative units
Plans in early stages, final investment decision to follow study completion
SABIC and an affiliate of Exxon Mobil Corporation are considering the
potential development of a jointly owned petrochemical complex on the U.S. Gulf
If developed, the project would be located in Texas or Louisiana near natural
gas feedstock and include a world-scale steam cracker and
Before making final investment decisions, the companies will conduct necessary
studies and work with state and local officials to help identify a potential
site with adequate infrastructure access.
“We are focused on geographic diversification to supply new markets,” said
Yousef Abdullah Al-Benyan, SABIC vice chairman and chief executive officer. “The
proposed venture would capture competitive feedstock and reinforce SABIC's
strong position in the value chain.”
Neil Chapman, president of ExxonMobil Chemical Company, said: “We have the
capability to design a project with a unique set of attributes that would make
it competitive globally. That is vitally important as most of the chemical
demand growth in the next several decades is anticipated to come from developing
ExxonMobil and SABIC have worked together for 35 years in major chemical joint
ventures in Saudi Arabia.
New facility will add
650,000 tonnes of high
performance polyethylene per
Abundant supply of
domestic shale gas enables
expansion to meet strong
billions along U.S. Gulf
Coast; creating thousands of
ExxonMobil announced today plans to add a
new production unit at its Beaumont
polyethylene plant that will increase
capacity by 65 percent – or approximately
per year -- to meet growing demand for high
ExxonMobil is a leader in the
manufacture of polyethylene products for
packaging applications that deliver
light-weight, tough, damage-resistant films.
Construction of the new unit has begun at
the plant, where current polyethylene
production capacity is one million tonnes
per year. Startup is expected in 2019.
As the U.S. continues to produce
abundant supplies of oil and natural gas,
ExxonMobil is investing billions of dollars
along the U.S. Gulf Coast to help meet
growing global energy demand. These
investments will not only expand existing
refining and chemical capacity, but also
stimulate economic growth and create jobs.
In fact, ExxonMobil's investments could
create more than 28,000 temporary jobs in
construction and more than 1,200 permanent
jobs over the next few years and beyond.
“The availability of vast new supplies
of U.S. shale gas and associated liquids for
feedstock and energy is a significant
advantage that enables expansion to meet
strong global demand growth in
polyethylene,” said Cindy Shulman, vice
president of ExxonMobil's plastics and
The Beaumont project builds on supply
advantages created by ExxonMobil's expansion
of its Mont Belvieu Plastics Plant in Texas,
where two similar polyethylene units are
being added. Combined, this multi-billion
dollar investment will increase the
company's U.S. polyethylene production by 40
percent, or nearly two million tonnes per
year, making Texas the largest polyethylene
supply point for ExxonMobil.
“ExxonMobil is committed to continuing
investments in its world-class, integrated
facilities,” Shulman said. “We combine our
state-of-the-art production expertise with a
first-class technology organization, which
enables us to offer innovative polyethylene
products for applications such as flexible
food packaging that increases product shelf
life and safety.”
The Beaumont expansion project will
employ 1,400 construction workers and create
40 permanent jobs upon completion, as well
as generate $20 billion in economic activity
in the first 13 years of operation based on
2015 Impact Data Source estimates.
“We're part of the growth in an area
that is primed for new business,” said Jason
Duncan, manager of the Beaumont polyethylene
plant. “The expansion of the polyethylene
plant is now ExxonMobil's third significant
investment in the Beaumont area over the
past 18 months, the impact of which will
benefit the local economy in the years to
ExxonMobil's previously announced
investments at Beaumont include
expansion of the
refinery's crude refining capacity in 2015
and, earlier this year, construction of a
new unit to increase domestic supply of
ultra-low sulfur gasoline and diesel.
Agreement signed for the
Jurong Aromatics Corporation
plant in Singapore
Plant will enable
cost-competitive growth of
Proximity to company's
integrated refining and
petrochemical complex will
strengthen both sites with
product and logistical
ExxonMobil Chemical Company announced
today that its Singapore affiliate has
reached an agreement with
Jurong Aromatics Corporation Pte Ltd
to acquire its plant located on Jurong
Island in Singapore.
Jurong Aromatics はシンガポールのJurong
Energy Corp.が 撤退し、2010年に株主構成が変更になった。
Vijay Goradia （米
Thai KK Industry
India Essaar Group
Exxon Mobil とSK Holdings
The plant, one of the largest in the
world with an annual production capacity of
1.4 million tonnes,
presents operational and logistical
synergies for ExxonMobil's integrated
refining and petrochemical complex nearby.
The company expects to complete the
transaction in the second half of 2017.
“As a leading global manufacturer of
aromatics, the addition of this aromatics
plant to our existing operations in
Singapore will help us better serve our
customers in key Asian growth markets,” said
Matthew Aguiar, senior vice president of
basic chemicals, intermediates and
synthetics for ExxonMobil Chemical Company.
“We continue to make strategic investments
to ensure ExxonMobil is well positioned to
meet increasing global demand for chemical
Singapore is home to ExxonMobil's
largest integrated refining and
petrochemical complex, which has a crude oil
processing capacity of 592,000 barrels per
day and includes two world-scale steam
crackers. Acquisition of the Jurong
aromatics plant will increase ExxonMobil's
production to over 3.5 million tonnes
per year, of which 1.8
million tonnes is paraxylene.
“Our growth in Singapore is driven by
the expected increase in global demand for
chemical products over the next decade of
nearly 45 percent, or about 4 percent per
year, which is a faster pace than energy
demand and economic growth,” said Neil
Chapman, president of ExxonMobil Chemical
Company. “Nearly three-quarters of the
increased demand is expected to be in Asia
Pacific as a result of its rising prosperity
and a growing middle class.”
ExxonMobil has operated in Singapore
for more than 120 years and is one of the
country's largest international
manufacturing investors. Singapore's
integrated petrochemical complex can process
a wide range of feedstocks, from light gases
to crude oil. Later this year, the complex
will begin the phased start-up of new
230,000 tonne-per-year specialty polymers
facilities that will produce
halobutyl rubber and
performance resins for adhesive
As a major supplier of halobutyl rubber to the global tire industry,
the expansion project will add production capacity of 140,000 tons per
annum. The hydrogenated hydrocarbon resin production unit will be the
world's largest for ExxonMobil, with a capacity of 90,000 tons a year, to
meet the long-term demand for hot-melt adhesives.
May 20, 2017
ExxonMobil and SABIC Sign Agreement for Next Phase of Proposed U.S.
Affiliates of Exxon Mobil Corporation and SABIC (Saudi Basic Industries
Corporation) signed an agreement today to conduct a detailed study of the
proposed Gulf Coast Growth Ventures project in Texas and begin planning for
front-end engineering and design work.
とExxon Mobil、米国 Gulf Coast で石油化学JV構想
The agreement was signed during the Saudi-US CEO Forum in Riyadh in the
presence of Yousef Al-Benyan, SABIC vice chairman and chief executive officer,
and Philippe Ducom, president, chairman and chief executive officer of
ExxonMobil Saudi Arabia Inc. Also in attendance were Prince Saud bin Abdullah
bin Thenayan Al-Saud, SABIC chairman, and Darren W. Woods, chairman and chief
executive officer of Exxon Mobil Corporation.
“This agreement represents an important step in the progression of the Gulf
Coast Growth Ventures project,” said Ducom. “We have a long and successful
relationship with SABIC, which will be enhanced by this potential project that
will create value for our companies and our communities.”
In April 2017, ExxonMobil and SABIC selected a site in San
Patricio County, Texas, for the proposed petrochemical complex that would
include an ethane steam cracker capable of producing 1.8 million tonnes of
ethylene per year, a monoethylene glycol unit and two polyethylene units.
Patricio County, Texas
The project is one of 11 major chemical, refining, lubricant and liquefied
natural gas projects associated with ExxonMobil's Growing the Gulf initiative
in the United States that have been made possible by the abundance of low-cost
U.S. natural gas.
ExxonMobil's projects, once completed and operating at mature levels, are
expected to have far-reaching and long-lasting benefits. Projects planned or
under way are expected to create more than 35,000 construction jobs and more
than 12,000 full-time jobs.
ExxonMobil and SABIC have successfully collaborated on several petrochemical
joint ventures in Saudi Arabia, including the Al-Jubail Petrochemical Company
and Saudi Yanbu Petrochemical Company. Most recently, the companies constructed
world-scale specialty elastomers facilities at the Al-Jubail joint venture
complex to help meet the growing demand for rubber-based industrial and
May 22, 2017
ExxonMobil Completes New Polyethylene Lines at Mont Belvieu Plastics Plant
The two high-performance polyethylene lines increase capacity by 1.3
million tons per year
Startup expected during the third quarter of 2017
Project is a component of ExxonMobil's Growing the Gulf expansion initiative
ExxonMobil Chemical Company announced today the mechanical completion of
two new 650,000 tons per year high performance
polyethylene lines at its plastics plant in Mont Belvieu, Texas. The
company expects production to begin during the third quarter of 2017.
Part of a previously announced multi-billion dollar expansion project in
the Baytown area, the polyethylene lines will process ethylene feedstock
from the new steam cracker currently under construction
at the Baytown complex.
“As an early mover to complete a polyethylene project fueled by the shale gas
revolution, this world-scale, state-of-the-art facility will double the plant's
production capacity, making it one of the largest polyethylene plants in the
world,” said Neil Chapman, president of ExxonMobil Chemical Company.
This project enables ExxonMobil Chemical to economically supply a rapidly
growing demand for high-value polyethylene products. These high-performance
products deliver sustainability benefits such as lighter packaging weight, lower
energy consumption and reduced emissions. The finished polyethylene product will
be shipped to customers around the world.
The Baytown expansion project is one of 11 ExxonMobil announced as part of its
10-year, $20 billion Growing the Gulf initiative. Projects planned or under way
are expected to create more than 35,000 construction jobs and more than 12,000
“As the U.S. continues to produce abundant supplies of oil and natural gas,
ExxonMobil is investing billions of dollars along the U.S. Gulf Coast to help
meet growing global demand. These investments will not only expand existing
refining and chemical capacity, but also stimulate economic growth and create
jobs,” Chapman said.
2 Nov 2017
ExxonMobil to build petrochemical complex in China's Daya Bay development zone
ExxonMobil, the world's largest oil company, will build a petrochemical complex
in the southern Chinese city of Huizhou恵州市.
The city's government said on Thursday that the oil major had signed a
partnership agreement aimed at creating a “world-class petrochemical industry
base” in the Daya Bay 大亞湾 area on China's south coast.
“The complex, which will adopt advanced industry and environmental protection
technologies, meets the needs of Guangdong [and will help] to further open up
and upgrade the industry structure,” said Ma Xingrui, governor of Guangdong
Huizhou is located in the southeast of Guangdong province, part of the
industrial Pearl River Delta region. The city's Daya Bay economic and
technological development zone currently houses several refineries and
petrochemical production facilities for Cnooc, China's largest offshore oil
producer, and Cnooc and Shell Petrochemicals Company, a joint venture between
the industry majors.
“We will enhance policy support for foreign investors and offer key support to
build a world-class petrochemical industry base in the Daya Bay area,” said
“ExxonMobil plans to invest billions of US dollars and build a petrochemical
complex in Huizhou with leading technologies, highest safety standards and
optimal operation experiences,” said Neil Chapman, the president of ExxonMobil
He said the company's goal was to ensure its investment and operations meet
economic development needs and environmental protection requirements, in order
for it to positively impact the region.
The complex will include a world-class steam cracking
device and a matching olefin derivative processing
unit, the Huizhou government said.
Elsewhere, the second phase of Cnooc's Huizhou refinery
project is under construction. It will have a refinery production
capacity of 22 million tonnes per year on
completion, making it one of the largest in the country.
Facility to manufacture
lightweight durable plastics
Final investment decision
could come later this year
Project startup as early
ExxonMobil said today it has started
detailed engineering work on a potential
U.S. Gulf Coast project to expand
manufacturing capacity by up to
450,000 tons a
year to meet growing demand for
high-performance, lightweight durable
plastics. A final decision on the
investment, anticipated to be several
hundred million dollars, is expected later
this year. Facility startup could come as
early as 2021.
The new facility will be capable of
producing advanced polypropylene products
which can be used in high performance
automotive, appliance, and packaging
applications. The potential project will
create more than 600 jobs during peak
construction and more than 60 permanent jobs
when production starts.
“ExxonMobil is well positioned to take
advantage of the growing global demand for
higher-value products, in both North America
and the high-growth Asia Pacific region,”
said John Verity, president of ExxonMobil
Chemical Company. “Abundant supplies of
domestically produced oil and natural gas
have reduced energy costs and created new
sources of feedstock for U.S. chemical
manufacturing. Most of our planned
investment in the Gulf Coast region is
focused on supplying emerging markets like
Asia with high-demand products, which
ultimately will spur new economic growth
These advanced polypropylene materials
are key to reducing vehicle weight, which
helps improve fuel efficiency and reduces
carbon emissions. Modern plastics and
polymer composites, which can replace steel
in many applications, typically comprise
about 50 percent of a new car's volume but
only 10 percent of its weight.
“Polypropylene delivers performance
and sustainability benefits to produce a
wide variety of consumer products,” said
Cindy Shulman, ExxonMobil's vice president
of plastics and resins. “It's a versatile
material providing high impact resistance
and high stiffness to lightweight
applications. It is safe, can be recycled
and requires less energy to produce when
compared with other plastics.”
This investment is one of 13 new
facilities planned to grow ExxonMobil's
chemical manufacturing capacity in North
America and Asia Pacific by about 40
percent. These investments, including two
world-class steam crackers in the United
States, will enable the company to meet
increasing demand in Asia and other growing
SABIC and ExxonMobil said today that they
have created a new
joint venture to advance development
of the Gulf Coast
Growth Ventures project, a
1.8 million tonne
ethane cracker currently planned for
construction in San Patricio County, Texas.
The facility will also include a
unit and two polyethylene units.
SABIC とExxon Mobil、米国 Gulf Coast
“We are very pleased to announce the
creation of what is now planned to be the
third joint venture between our two
companies,” said SABIC vice chairman and CEO
Yousef Al-Benyan. “We look forward to the
next phase of the project, which supports
not only our goals for global
diversification, but also supports Saudi
Vision 2030. In addition, we are proud of
the role the project will play in enhancing
the economic profile of San Patricio County,
Texas,” Al-Benyan stated.
SABIC is the operating partner for two
long-standing joint ventures with ExxonMobil
in the Kingdom of Saudi Arabia, Kemya in
Jubail and Yanpet in Yanbu.
Creation of the new joint venture
represents a key milestone that allows the
two companies to continue advancing the
project, which is expected to create 600
new, permanent jobs, about 3,500 indirect
and induced jobs during operations, as well
as 6,000 construction jobs during the peak
“The new joint venture expands our
long relationship with SABIC and builds on
the success of several other joint
projects,” said John Verity, president of
the ExxonMobil Chemical Company. “The
project will create value not only for both
of our companies, but for the surrounding
communities through the creation of jobs and
economic growth. We appreciate the support
we're receiving, and look forward to
continuing our conversations with San
Patricio County residents and businesses as
Construction of the project, announced
in 2016, is pending completion of the
environmental permitting process. The plant
is expected to be operational in the
New 1.5 million ton-per-year
cracker to supply company's
expanded plastics plant in
Together, projects represent
company's largest chemical
investment in the U.S. to
Have created thousands of
jobs and will energize
ExxonMobil said today that operations have
commenced at its new
1.5 million ton-per-year ethane cracker
at the company's integrated Baytown chemical
and refining complex.
The new cracker, part of ExxonMobil's
Growing the Gulf initiative, will provide
ethylene feedstock to new performance
polyethylene lines at the company's
Mont Belvieu plastics
plant, which began production in the
fall of 2017. The Mont Belvieu plant is one
of the largest polyethylene plants in the
world, with manufacturing capacity of about
1.3 million tons per year.
“Our new ethane cracker will help us meet
the growing global demand for high
performance plastic products that deliver
key sustainability benefits such as lighter
packaging weight, lower energy consumption
and reduced emissions, further enhancing our
competitiveness worldwide,” said John
Verity, president of ExxonMobil Chemical
Company. “The abundance of domestically
produced oil and natural gas has reduced
energy costs and created new sources of
feedstock for U.S. Gulf refining and
chemical manufacturing while creating jobs
and expanding economic activity in the
Together, the Baytown ethane cracker and
Mont Belvieu plant represent ExxonMobil's
largest chemical investment in the U.S. to
date. Operations associated with the Baytown
and Mont Belvieu projects are expected to
increase regional economic activity by
roughly $870 million per year and generate
more than $90 million per year in local tax
revenues. The two projects have created more
than 10,000 construction jobs, 4,000 jobs in
nearby communities and 350 permanent
ExxonMobil is strategically investing in
new refining and chemical-manufacturing
projects in the U.S. Gulf Coast region to
expand its manufacturing and export
capacity. The company's more than $20
billion Growing the Gulf expansion program
consists of major chemical, refining,
lubricant and liquefied natural gas projects
at proposed new and existing facilities
along the Texas and Louisiana coasts.
Investments began in 2013 and are expected
to continue through at least 2022.
With the increase in chemical
manufacturing and the industry's need for
more skilled workers, ExxonMobil has
contributed more than $2 million over the
last five years to the Community College
Petrochemical Initiative, a training program
offered by nine Houston-area community
colleges to provide technical skills to high
school graduates, returning military
veterans and others.
ExxonMobil は2016年7月25日、SABIC とExxon Mobil
が米国 Gulf Coast で石油化学JV構想を検討していると発表した。
Patricio County, Texas
とExxon Mobil、米国 Gulf Coast で石油化学JV構想
ExxonMobil to fund polypropylene unit to expand Baton Rouge operations
ExxonMobil said today that it will fund the construction of a
new polypropylene production unit in Baton Rouge
that will expand production capacity along the Gulf Coast by up to 450,000
tons per year.
ExxonMobil to fund polypropylene unit to expand Baton Rouge
- Gulf Coast polypropylene capacity to increase by
450,000 tons per year
- Expansion positions Baton Rouge chemical facility for
- Construction begins in 2019; production startup in 2021
Construction will begin in 2019 and
startup is anticipated by 2021. The project is expected to
create up to 600 jobs during construction and 65 permanent jobs once
“Growth in feedstock supply along with the increase in global
demand for chemical products continues to drive our strategic
investments and expansion along the Gulf Coast,” said John Verity,
president of ExxonMobil Chemical Company. “We're well positioned to
meet the demand for these high-performance products and investing
further in Baton Rouge enhances our facility's competitiveness.”
Polypropylene is a versatile material that can help improve
the safety and performance of everyday consumer products and help
improve vehicle fuel efficiency when used to manufacture
lighter-weight auto parts.
The engineering, procurement and construction contract has
been awarded to Baton Rouge-based Turner Industries and Jacobs
Engineering. The companies will use local workers to design and
construct the new facility.
This new project is in addition to ExxonMobil's previously
announced plans to invest $20 billion to build and expand
manufacturing facilities in the U.S. Gulf region as part of its
Growing the Gulf initiative, which is expected to create more than
45,000 high-paying jobs across the region.
Growing the Gulf projects include a new state-of-the-art
aviation lubricants blending, packaging and distribution facility in
the Baton Rouge area as well as refining and chemical expansions at
ExxonMobil's Beaumont and Baytown facilities. ExxonMobil and SABIC
have also created a new joint venture to advance development of the
Gulf Coast Growth Ventures project, a 1.8 million metric ton ethane
cracker currently planned for construction in San Patricio County,
Texas. And, earlier this month, ExxonMobil and Qatar Petroleum
announced a decision to proceed with the development of the Golden
Pass LNG export project in Sabine Pass, Texas.
ExxonMobil's integrated operations in Baton Rouge include a
502,000 barrel-per-day refinery, as well as chemical, lubricants and
polyethylene plants. ExxonMobil has more than 2,500 employees in the
Baton Rouge area and its operations account for approximately 1 in
every 10 jobs in the region.
ExxonMobil announces $2
billion Baytown chemical expansion project; releases study
showing value of investments to U.S. economy
- Baytown expansion to create approximately
2,000 jobs during construction
- Project to maximize the value of increased
production from the Permian
- ExxonMobil contributed over $43 billion to
U.S. gross domestic product in 2017, study shows
The Baytown expansion is in addition to the
company's 2017 Growing the Gulf initiative, which
outlined plans to build and expand manufacturing
facilities along the U.S. Gulf Coast, creating more than
45,000 high-paying jobs across the region.
“Our substantial investments in the United States
support ExxonMobil's long-term growth plans and will
result in thousands more high-paying jobs,” said Darren
W. Woods, ExxonMobil chairman and chief executive
officer. “Through the billions of dollars that we're
investing in the Permian Basin to increase oil
production and the expansion at our operations along the
Gulf Coast, our company is making significant, lasting
contributions to the U.S. economy and the many
communities where we operate.”
ExxonMobil commissioned Ernst & Young to examine
the contributions the company made to the U.S. economy
in 2017 – the year the Growing the Gulf initiative was
launched. The research concluded that during 2017,
ExxonMobil contributed more than $43 billion to the U.S.
gross domestic product and direct, indirect and induced
economic activity supported nearly 177,000 jobs across
“This research, focused on a single year, is a
powerful snapshot of how our business in the United
States directly benefits the American economy,” said
Woods. “It underscores the many ways that the company
and our employees are contributing to prosperity across
The Ernst & Young research also found that in
- ExxonMobil's U.S. operations supported nearly
$6.72 billion of direct labor income
– averaging $208,000 per worker
in total annual compensation, including wages and
- The impact of ExxonMobil's operations and
investments includes more than $7
billion of tax and royalty payments.
- The company made capital
investments in 20 states.
Woods said the company's recent investments, such
as a major expansion of oil and gas production in the
Permian Basin and the planned expansion at Baytown, will
continue to boost the U.S. economy.
“Our Baytown chemical expansion will put us in a
solid position to maximize the value of increased
Permian Basin production and will deliver higher-demand,
higher-value products produced at our Gulf Coast
refining and chemical facilities,” said Woods.
“Global demand for chemicals is expected to be
greater than energy demand growth and GDP growth over
the next 20 years,” Woods said.
The expansion, expected to
start up in 2022, includes a new Vistamaxx™
performance polymer unit, which produces products that
offer higher levels of elasticity, softness and
flexibility, attributes that contribute to a reduction
in materials used and increased performance in everyday
products. The new unit will produce about
400,000 tons of Vistamaxx™
polymers a year.
The project will also enable ExxonMobil to enter
the linear alpha olefins market. Linear alpha olefins
are used in numerous applications, including
high-performing engine and industrial oils, waxes and
building blocks for surfactants, polyethylene plastic
for packaging, and other specialty chemicals. The new
unit will produce about 350,000
tons of linear alpha olefins a year.
ExxonMobil's Baytown facility is the largest
integrated petrochemical complex in the U.S. and is one
of the most technologically advanced refining and
petrochemical complexes in the world. Founded in 1919,
the complex is located on approximately 3,400 acres
along the Houston Ship Channel, about 25 miles east of
Houston. The facility includes a refinery, chemical
plant, olefins plant, plastics plant and global
ExxonMobil, SABIC to proceed with Gulf Coast Growth Ventures
ExxonMobil and SABIC
today announced the decision to proceed
with the construction of a chemical facility and a
1.8 million metric ton ethane steam
cracker in San Patricio County, Texas, leading to
thousands of high-paying jobs and billions in economic output.
2018年5月1日にJVが設立された。Gulf Coast Growth Venturesと呼ばれている。
千代田化工、米国のExxonMobil / SABIC JV のエチレンプラント建設を受注
ExxonMobil, SABIC to
proceed with Gulf Coast Growth Ventures project
- New facility to include 1.8 million metric ton
ethane steam cracker
- Investment to create 6,000 jobs during
construction, 600 permanent jobs
- Economic output to exceed $22 billion during
construction and $50 billion during first six years
“Building the world's largest steam cracker, with
state-of-the-art technology, on the doorstep of rapidly
growing Permian production gives this project
significant scale and feedstock advantages,” said Darren
W. Woods, chairman and chief executive officer of
ExxonMobil. “It is one of several key projects that
provide the foundation for significantly increasing the
company's earnings potential.”
The joint-venture between ExxonMobil and SABIC,
Gulf Coast Growth Ventures, received final
environmental regulatory approval in June 2019 to build
an ethane steam cracker, two
polyethylene units and a monoethylene glycol unit.
Construction will begin in the third quarter of 2019 and
startup is anticipated by 2022.
“SABIC is very pleased to move forward on this third
joint venture with ExxonMobil – the first to be operated
outside of Saudi Arabia,” said SABIC Vice Chairman and
CEO Yousef Al-Benyan. “This project will not only
increase global diversification for our company, but
will also continue to create value within our new home
of San Patricio County through creating jobs and
supporting economic growth. With this project, we look
forward to further building our business presence in the
U.S. and serving the communities and customers in the
North and South American markets even more
The project is expected to create more than 600
permanent jobs with average annual salaries of $90,000
per year. An additional 6,000 high-paying jobs will be
created during construction. A preliminary independent
study, conducted by Impact DataSource, estimates the
project will generate more than $22 billion in economic
output during construction and $50 billion in economic
benefits during the first six years of operation.
The facility will produce materials used in the
manufacturing of various consumer products including
automotive coolants, packaging, agricultural film and
building, construction materials and clothing.
Project construction will be led by four primary
engineering, procurement and construction companies: The
Wood Group, McDermott & Turner Industries Group, Chiyoda
& Kiewit and Mitsubishi Heavy Industries & Zachry Group.
Gulf Coast Growth Ventures is a unique opportunity
created by the abundance of low cost U.S. natural gas,
and is part of ExxonMobil's Growing
the Gulf initiative initiative, which outlined plans
to build and expand manufacturing facilities along the
U.S. Gulf Coast, creating more than 45,000 high-paying
jobs across the region.
The project is part of SABIC's growth strategy to
build new petrochemical facilities in key markets,
including the Americas, to address industry demand and
achieve the company's 2025 strategy.
Ownership interests in the Gulf Coast Growth Ventures
project is 50 percent ExxonMobil
and 50 percent SABIC, with ExxonMobil as site
operator. ExxonMobil and SABIC bring unmatched expertise
to this project, having worked together in petrochemical
ventures for more than 35 years. The Gulf Coast Growth
Ventures project expands that successful international