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Multi-Billion Dollar Project Could Create 4,000 Local Jobs
WASHINGTON, D.C. (June 1, 2012) – The American Chemistry Council (ACC) issued the following statement in response to today’s announcement by ExxonMobil Chemical Company concerning its application for a world-class petrochemical expansion at its integrated Baytown complex in Texas. The project would include a new ethane cracker and premium product facilities.
“Today’s announcement is further evidence that new supplies of domestic natural gas have made the United States a great place to do business for the chemical industry,” said Cal Dooley, ACC President and CEO. “ExxonMobil’s application for a new, multi-billion dollar project in Texas signals growing interest in U.S. petrochemical production that can lead to new jobs, exports, economic activity and tax revenue, not only for chemical companies, but for America’s manufacturing sector as a whole.”
ExxonMobil is one of several companies that have announced plans to expand U.S. chemistry production or explore new investments in major manufacturing facilities, including The Dow Chemical Company, Shell Chemical LP, and Chevron Phillips Chemical Company LP.