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Tag: chemical plant

ExxonMobil invests on Baytown chemical plant expansion

ExxonMobil said recently that it will proceed with a USD2 B investment to expand its Baytown, Texas chemical plant, which will create approximately 2,000 jobs during construction and contribute to the approximate 15% return the company expects from its chemical investments.

Dow Chem, Saudi Aramco build chemicals complex

Dow Chemical Co. has disclosed plans to build and operate a USD 20 billion Saudi Arabian chemicals complex in partnership with Saudi Arabian Oil Co. Both companies believe that this move will create one of the world's largest integrated chemical facilities.