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ExxonMobil to expand advanced recycling capacity
Plans for 1 billion pounds capacity per year by 2027
- $200 million investment adds new units to Beaumont and Baytown sites.
- Processed more than 70 million pounds of plastic waste in Baytown so far with proven technology.
- Additional advanced recycling units planned for North America, Europe, Asia.
News releases
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4 min read
• Nov. 21, 2024
LG Chem and ExxonMobil sign MOU for lithium offtake
- Offtake agreement for up to 100,000 tons of lithium carbonate.
- Aims to strengthen the U.S. critical mineral supply chain.
- Contributes to domestic energy security, manufacturing, jobs and emission reduction.
- Lithium production contingent on supportive regulatory frameworks, among other factors.
News releases
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4 min read
• Nov. 20, 2024
Got 2 minutes? Learn why a new hydrogen burner could be a game-changer for industry
- New video shows why we’re excited about a burner that can run on up to 100% hydrogen.
- It can help Industries become “hydrogen-ready,” says our expert Hector Ayala.
Article
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2 min read
• Nov. 13, 2024
ExxonMobil announces third-quarter 2024 results
SPRING, Texas – November 1, 2024 – Exxon Mobil Corporation today announced third-quarter 2024 earnings of $8.6 billion, or $1.92 per share assuming dilution. Cash flow from operating activities was $17.6 billion and free cash flow was $11.3 billion. Capital and exploration expenditures were $7.2 billion in the third quarter, bringing year-to-date 2024 expenditures to $20 billion, in line with the company's full-year guidance of $28 billion.
Investors
News releases
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8 min read
• Nov. 1, 2024
ExxonMobil to release third quarter 2024 financial results
SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) will release its third quarter 2024 financial results on Friday, November 1, 2024. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com.
Investors
News releases
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2 min read
• Oct. 23, 2024