Progressing 13 key chemical projects

ExxonMobil is responding to chemical demand growth by playing a major role in the industry’s global expansion. Organized by global business units, we optimize the full value chain from development, production, and marketing, to distribution and sale, offering a broad range of polymers, chemicals, and fluids. Our polymers businesses include high-performance products such as polyethylene, polypropylene, butyl, and a variety of other specialties used in applications such as packaging, automotive, consumer goods, and construction. Our chemical and fluids offerings include synthetic basestocks, solvents, and aromatics, and are utilized in a variety of end-use applications. To expand sales of high-performance products, we are investing in 13 global projects, of which seven are now operational.

Report April 2, 2019

In this article

Progressing 13 key chemical projects

U.S. derivative expansion

The Baytown integrated site is one of the largest and most technologically advanced refining and petrochemical complexes in the world. It is where ExxonMobil is building a new 400,000-tonnes-per-year capacity Vistamaxx performance polymer unit and a 350,000-tonnes-per-year linear alpha olefins unit. We also started detailed engineering work on a potential project in Baton Rouge to expand polypropylene manufacturing capacity by up to 450,000 tonnes per year to meet growing demand for high-performance, lightweight durable plastics. To meet growing demand for high-performance plastics, we are installing a new production unit at the Beaumont polyethylene plant.

Expansion of U.S. Gulf coast chemical facilities leverages advantaged feedstocks

Gulf Coast Growth Venture

ExxonMobil and SABIC created a joint venture to advance development of a jointly owned petrochemical facility near Corpus Christi in San Patricio County, Texas. The new facility is expected to start up in 2022 and will include an ethane cracker with a capacity of 1.8 million tonnes per year of ethylene, a monoethylene glycol unit, and two polyethylene units.

scale

Baytown Chemical and Refining complex

A new 1.5-million-tonnes-per-year ethane cracker at the integrated Baytown chemical and refining complex started operations in 2018, providing ethylene feedstock to new performance polyethylene lines at the Mont Belvieu plastics plant and the Beaumont polyethylene plant, which is expected to start up in 2019.

The Mont Belvieu plant (shown) is one of the largest polyethylene plants in the world, with manufacturing capacity of approximately 2.3 million tonnes per year. Together, these represent our largest chemical investment in the United States to date, to help us meet growing global demand for high-performance plastic products.

Singapore aromatics plant, Banyan facility

We acquired one of the world’s largest aromatics facilities in 2017, located on Jurong Island in Singapore, which is adjacent to ExxonMobil’s largest integrated refining and petrochemical complex. Since completion of the acquisition, we significantly progressed the integration of the Banyan facility into the existing complex with the commissioning of pipelines to connect key product streams between the facilities. The integration of the facilities will help capture additional synergies, upgrade molecules, and expand logistics flexibility and capabilities.

Singapore butyl and adhesive resin plants

In late 2017, we started up the world’s largest hydrogenated hydrocarbon resin plant with a capacity of 90,000 tonnes per year. The plant will help meet long-term demand growth for hot-melt adhesives used in applications ranging from packaging to diapers. A world-scale 140,000-tonnes-per-year halobutyl plant started production of halobutyl rubber in 2018. This premium rubber is used by customers to make tires that better maintain inflation and improve fuel economy. These new plants enhanced the competitiveness and broadened the product sales slate from ExxonMobil’s integrated manufacturing facility in Singapore.

scale

China Chemical complex

ExxonMobil signed a cooperation framework agreement with the Guangdong Provincial People’s Government to advance construction of a chemical complex in the Huizhou Dayawan Petrochemical Industrial Park.

The multibillion dollar project, which remains subject to a final investment decision, would include a 1.2-million-tonnes-per-year flexible feed steam cracker, two performance polyethylene lines, and two differentiated performance polypropylene lines, with a potential 1.2-million-tonnes-per-year start-up in 2023.

In addition, the agreement confirms Guangdong Province’s support in progressing the Huizhou LNG receiving terminal in which ExxonMobil intends to participate.

Related content

Factors affecting future results

Digital Annual Reports Report March 3, 2020

PDF / 0.10 MB

2018 Summary Annual Report cover

2018 Summary Annual Report

Digital Annual Reports Report April 11, 2019

PDF / 13.61 MB

Message from the Chairman

As we mark the 20th anniversary of the merger that brought together Exxon and Mobil, we do so with our strongest portfolio of investments in two decades. It positions us to deliver attractive returns for you, our shareholders, far into the future.

Digital Annual Reports Report April 2, 2019

Legal information

The “Digital Annual Reports” portion of the web site is an interactive version of the Company’s 2018 Financial & Operating Review, and also contains certain information from the Summary Annual Report. Some of the hyperlinks embedded in this section link to other parts of the Digital Annual Reports, and some hyperlinks take the reader to other articles and information on the Company’s website.

Digital Annual Reports Report April 2, 2019

Functional excellence

An extensive history of running a complex global business with a focus on the long term has led to a strong culture of consistently doing the right things, the right way, at a high standard. Living this philosophy and learning from our collective experiences has resulted in a deep knowledge in critical disciplines and industry-leading execution capabilities. These strengths manifest themselves in all facets and functions of our business through a disciplined and consistently executed approach.

Digital Annual Reports Report April 2, 2019

People

The benefits of our competitive advantages are only realized through the commitment and hard work of our people. Our long-term development approach is built on challenging, cross-functional assignments and global experiences. The result is a workforce with world-class capabilities and knowledge, anchored in a culture of excellence.

Digital Annual Reports Report April 2, 2019