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These 11 Gulf Coast Projects are Slated to Receive ExxonMobil's Proposed $20 Billion Investment

Inspectioneering Staff, March 8, 2017

This week, ExxonMobil announced their "Growing the Gulf" campaign; a plan to invest $20 billion into downstream projects on the U.S. Gulf Coast over a 10-year period.  That 10-year stretch actually began with investments in 2013, and is expected to continue through at least 2022. ExxonMobil is strategically investing in new refining and chemical-manufacturing projects in the Gulf Coast region to expand its manufacturing and export capacity. These projects are expected to create roughly 45,000 well-paying jobs, of which more than 12,000 are full-time jobs. 

11 Gulf Coast Projects are Slated to Receive ExxonMobil's Proposed $20 Billion Investment

Source: http://corporate.exxonmobil.com/en/technology/growing-the-gulf

The "Growing the Gulf" expansion program, consists of 11 major chemical, refining, lubricant and liquefied natural gas projects at proposed new and existing facilities along the Texas and Louisiana coasts. Those 11 planned projects include:

    1. Increasing capacity to an existing crude unit by 20,000 barrels per day and adding flexibility to process light crudes at ExxonMobil's 365,000 bpd Beaumont, TX Refinery.
    2. Increasing production of ultra-low sulfur fuels by approximately 40,000 barrels per day at its Beaumont, TX Refinery.
    3. Potentially expanding light crude refining capacity at its Beaumont, TX Refinery.
    4. Constructing a new production unit that will increase capacity by 65 percent at ExxonMobil's Beaumont, TX Polyethylene Plant.
    5. Constructing a new 1.5 mt/yr ethane steam cracker at ExxonMobil's Baytown, TX Complex that will provide ethylene feedstock for two new 650,000 tons per year high performance polyethylene units at the nearby Mont Belvieu Plastics Plant.
    6. Increasing production of advanced synthetic Group II and Group II+ EHC™ base stocks products at its Baytown, TX Complex.
    7. Building a world-scale manufacturing facility at its Baytown, TX Complex able to produce up to 50,000 tons of synthetic lubricant base stocks annually using a proprietary metallocene catalyst process.
    8. A recently completed 90,000 square foot state-of-the-art aviation lubricants blending, packaging and distribution facility at ExxonMobil's Baton Rouge, LA Chemical Complex.
    9. The Sulfur Expansion Project, aimed at increasing raw material flexibility and capacity for the Baton Rouge, LA Refinery and decreasing site sulfur emissions during maintenance activities.
    10. Constructing a multi-billion dollar ExxonMobil and SABIC joint venture petrochemical plant, complete with the world's largest ethane cracker. Initial reports indicate the companies' preferred building site is in San Patricio County, just north of Corpus Christi, TX.
    11. Constructing new facilities for natural gas pre-treatment, liquefaction, and exportation at ExxonMobil's existing Golden Pass LNG Import Terminal in Sabine Pass, Texas. The proposed project would be an approximately $10 billion investment in infrastructure on the Gulf Coast.

Darren Woods, ExxonMobil's newly appointed chairman and CEO, recently discussed the "Growing the Gulf" campaign at the CERAWeek 2017 conference, stating that “all told, we expect these 11 projects to create over 45,000 jobs. Many of these are high-skilled, high-paying jobs averaging about $100,000 a year. And these jobs will have a multiplier effect, creating many more jobs in the communities that service these new investments.”

 


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