ExxonMobil Corp. plans to build factories that produce ethylene and polyethylene (PE) in Texas in a move that could "significantly" increase the exports of plastics in North America.
An ExxonMobil spokesperson told PlasticsToday required governmental reviews and approvals are expected to take about a year. The permits were filed with the U.S. Environmental Protection Agency and the Texas Commission on Environmental Quality.
This multi-billion dollar project includes building a new ethane steam cracker at Baytown, TX and two new high performance PE lines at the company's Mont Belvieu, TX plastics plant. The cracker would have a capacity of up to 1.5 million tons of ethylene, which will provide ethylene feedstock to the new PE units, each with a capacity of about 650,000 tons per year.