According to ExxonMobil and SABIC Yu 2017 Year 4 Month 19 Official website announced the date, select on the Gulf Coast of the United States San Patricio Proposed joint development of petrochemical projects.
Projects will include the annual production 180 Million tons of ethylene and its derivatives;
As Exxon Mobil Corporation 10 Part of the year, you will receive 200 Billions of dollars of investment;
Companies will begin working with regulators to obtain the necessary licenses
Project is Exxon Mobil Corporation (Exxon Mobil) As part of its 10 Year " Gulf plans " Part, is expected to create thousands of job opportunities during the construction phase, during the operating period, offering 600 A new full-time jobs and 3,500 Indirect jobs. During the construction phase is expected, output will be more than $22 billion, operating a total of more than $50 billion.
Neil, President of ExxonMobil Chemical Company • Chapman (Neil Chapman) Says: " This decision is an important milestone in cooperation with the local government. Looking forward to the follow-up cooperation. "SABIC Vice President and CEO of Yousef Abdullah Al-Benyan said:" we focus on geographic diversity to supply new markets. Proposed projects to meet customers growing demand for vinyl products, and strengthen SABIC 's strong position in the value chain. ”
The Governor of Texas, Greg · Abbott (Greg Abbott) Says: " We are the place where innovation and creativity can thrive. This cooperation has decided not only to San Patricio County, and is a huge victory for Texas as a whole. ”