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ExxonMobil and SABIC to proceed with major US Gulf Coast project

13/06/2019
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ExxonMobil and SABIC have today announced the decision to proceed with the construction of a major chemical facility and 1.8 million metric ton ethane steam cracker in San Patricio County, Texas, in what will be another positive development for jobs and investment in the region.
ExxonMobil and SABIC are to proceed with a major US Gulf Coast chemicals project
(Image via Gulf Coast Venture Project).

The Gulf Coast Growth Ventures project is expected to create more than 600 permanent jobs with average annual salaries of $90,000 per year. An additional 6,000 high-paying jobs will be created during construction. A preliminary independent study, conducted by Impact Data Source, estimates the project will generate more than $22 billion in economic output during construction and $50 billion in economic benefits during the first six years of operation.

“Building the world’s largest steam cracker, with state-of-the-art technology, on the doorstep of rapidly growing Permian production gives this project significant scale and feedstock advantages,” said Darren W. Woods, chairman and chief executive officer of ExxonMobil. “It is one of several key projects that provide the foundation for significantly increasing the company’s earnings potential.”

The joint-venture between ExxonMobil and SABIC received final environmental regulatory approval in June 2019 to build an ethane steam cracker, two polyethylene units and a monoethylene glycol unit. Construction will begin in the third quarter of 2019 and start-up is anticipated by 2022.

“SABIC is very pleased to move forward on this third joint venture with ExxonMobil – the first to be operated outside of Saudi Arabia,” said SABIC vice chairman and CEO Yousef Al-Benyan. “This project will not only increase global diversification for our company, but will also continue to create value within our new home of San Patricio County through creating jobs and supporting economic growth. With this project, we look forward to further building our business presence in the US and serving the communities and customers in the North and South American markets even more effectively.”
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The facility will produce materials used in the manufacturing of various consumer products including automotive coolants, packaging, agricultural film and building, construction materials and clothing.

Project construction will be led by four primary engineering, procurement and construction companies: The Wood Group, McDermott & Turner Industries Group, Chiyoda & Kiewit and Mitsubishi Heavy Industries & Zachry Group.

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Recent Comments
Do u offer employment to Zambians
Mildred Kangwa, 14 June 2019
How van i apply for this job
Mohammed Usman , 14 June 2019
Dawn, we engineers love "Specifics", hence you could have indicated the LOCATION is just NORTH of Corpus Christi city. And yes, my old Mustang (now Wood) will do a good EPC job. I am one of the best "Rotating Equipment" specialists in Oil & Gas, if you can spare $100/hr + Per-Diem.
Andre Gurses, 19 June 2019
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ExxonMobil and SABIC to proceed with major US Gulf Coast project - Time to read 3 min
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