Capitalizing on new, abundant domestic energy supplies, ExxonMobil is strategically investing in refining and chemical-manufacturing projects in the U.S. Gulf Coast region. Our initiative, which began in 2013 and is expected to continue through at least 2022, covers more than a dozen major chemical, refining, lubricant and liquefied natural gas projects.
In addition to creating many high-skilled, high-paying jobs and expanded manufacturing capabilities, the initiative will dramatically increase ExxonMobil’s export capacity. According to the American Chemistry Council, U.S. chemical exports are expected to increase on average 7 percent per year through 2023.