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Growing the Gulf
ExxonMobil’s new projects along the Gulf Coast are expected to create tens of thousands of jobs in America as we invest more than $20 billion over 10 years to build and expand manufacturing facilities in the region.
Expansion Initiative
Projects in Texas and Louisiana
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.
These projects are export machines, generating products that high-growth nations need to support larger populations with higher standards of living. Those overseas markets are the motivation behind our investments. The supply is here; the demand is there. We want to keep connecting those dots.
Creating jobs and driving economic development
Each job created by the energy industry supports others in the community. Through direct employment opportunities and the multiplier effects of the company’s investments, ExxonMobil’s Gulf expansion projects are expected to provide long-term economic benefits to the region.
All articles about growing the Gulf
ExxonMobil, SABIC start operations at Gulf Coast Manufacturing Facility
IRVING, Texas and RIYADH, Saudi Arabia – ExxonMobil and SABIC today announced the successful startup of Gulf Coast Growth Ventures world-scale manufacturing facility in San Patricio County, Texas.
News releases
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Jan. 20, 2022
ExxonMobil begins production on Beaumont high-performance polyethylene line
IRVING, Texas – ExxonMobil said today it started production on a new high-performance polyethylene line at its Beaumont, Texas polyethylene plant. The expansion increases plant production capacity by 65 percent or 650,000 tons per year, bringing site capacity to nearly 1.7 million tons per year.
News releases
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July 24, 2019
ExxonMobil announces $2 billion Baytown chemical expansion project; releases study showing value of investments to U.S. economy
IRVING, Texas – ExxonMobil said today that it will proceed with a $2 billion investment to expand its Baytown, Texas chemical plant, which will create approximately 2,000 jobs during construction and contribute to the approximate 15 percent return the company expects from its chemical investments.
News releases
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May 2, 2019
ExxonMobil, Qatar Petroleum to proceed with Golden Pass LNG export project
IRVING, Texas — ExxonMobil and partner Qatar Petroleum said today they have made a final investment decision to proceed with development of the Golden Pass LNG export project located in Sabine Pass, Texas.
News releases
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Feb. 5, 2019
Multi-billion Gulf investment to create tens of thousands of high-paying jobs
ExxonMobil is planning to invest billions to build and expand more than a dozen manufacturing projects, creating thousands of jobs and billions of dollars’ worth of economic activity.
Article
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Feb. 5, 2019