ExxonMobil completes construction of two new PE lines in Mont Belvieu, the US
ExxonMobil Chemical Company announced the mechanical completion of two new 650,000 tons per year polyethylene (PE) lines at its plastics plant in Mont Belvieu, Texas, the US. The company expects production to begin during the third quarter of 2017.
Part of a previously announced multi-billion US dollar expansion project in the Baytown area, the PE lines will process ethylene feedstock from the new steam cracker currently under construction at the Baytown complex.
"As an early mover to complete a polyethylene project fueled by the shale gas revolution, this world-scale facility will double the plant's production capacity, making it one of the largest polyethylene plants in the world," stated Neil Chapman, President of ExxonMobil Chemical Company.
The finished polyethylene product will be shipped to customers around the world.
The Baytown expansion project is one of 11 ExxonMobil announced as part of its 10-year, US$20 billion Growing the Gulf initiative.
"As the US continues to produce abundant supplies of oil and natural gas, ExxonMobil is investing billions of dollars along the US Gulf Coast to help meet growing global demand. These investments will not only expand existing refining and chemical capacity, but also stimulate economic growth and create jobs," Chapman said.
