ExxonMobil and SABIC March Toward Gulf Coast Growth Ventures Project

Posted on 06/23/2019


Exxon Mobil Corporation (ExxonMobil) and Saudi Basic Industries Corporation Limited (SABIC), Saudi Arabia’s behemoth oil and chemical business, affirmed plans to build a chemical factory and a 1.8 million metric ton ethylene steam cracking unit in Texas. This would make be the world’s largest, and it will be strategically located to harvest the Permian Basin. […]