Thursday, June 13, 2019

Making America Great -- Exxon-Sabic Texas Project -- June 13, 2019

From Rigzone:
  • a 1.8 million-metric-ton ethane steam cracker complex
  • near Corpus Christi, TX
  • will create nearly 7,000 jobs during construction
  • 600 permanent jobs; average pay: $90,000
  • joint venture
    • Exxon Mobil
    • Saudi Basic Industries (SABIC)
  • will be the world's largest steam cracker
  • just one of several key projects currently adding to Exxon Mobil's bottom line
  • the ethylene produced will be delivered to three "derivate" units:
    • a monoethylene glycol (MEG) unit
    • two polyethylene (PE) units
  • startup projected for 2022
  • this is the first SABIC project outside of Saudi Arabia
  • lead project contractors:
    • The Wood Group
    • McDermott & Turner Industries Group
    • Chiyoda and Kiewit
    • Mitsubishi Heavy Industries & Zachry Group
Broader context: this project is part of Exxon Mobil's "Growing the Gulf" series of investments in Texas and Louisiana.

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