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ExxonMobil Chemical is a petrochemical company that was created by merging Exxon's and Mobil's chemical industries in 1999. Its principal products include basic olefins and aromatics, ethylene glycol, polyethylene, and polypropylene along with speciality lines such as elastomers, plasticizers, solvents, process fluids, oxo alcohols and adhesive ...
The main plant is located on the east bank of the Mississippi River. There are about 6,300 workers spread across these sites, including 4,000 direct employees (the rest are contractors). In 2013 Genesis Energy LP announced an investment of $125 million to improve ExxonMobil's existing assets in the Baton Rouge area.
The plant is also highly integrated with petrochemicals production and lubricants and is a critical part of the Texas-Louisiana gulf coast energy infrastructure. [3] The site encompasses more than 2,700 acres and is staffed by 2,000 employees daily plus another 3,000 contractors to support maintenance and construction activities.
For Exxon Mobil, the 200-day moving average sits at $113.54, according to Benzinga Pro, which is below the current price of $119.72. For more on charts and trend lines, see a description here.
According to this, ExxonMobil will supply up to 100,000 metric tons of lithium carbonate from its planned U.S. project to LG Chem’s upcoming cathode plant in Tennessee, which is set to be the ...
At Exxon Mobil's only "advanced recycling" facility in Baytown, Texas, only 8% of plastic is remade into new material, while the remaining 92% is processed into fuel that is later burned.
ExxonMobil's Baytown Refinery is a major oil refinery named after and located in Baytown, Texas.It has capacity of 588,000 barrels per day (93,500 m 3 /d). [1] The site first opened in 1919 and was originally operated by the Humble Oil Company.
Exxon Mobil's shares fell 2.5% after it reported a 75% plunge in adjusted earnings from refining compared with the third quarter. The broader S&P 500 Energy Sector index was down 2.8% on Friday.
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