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.