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ExxonMobil to invest $20bn to expand manufacturing in Gulf coast

Related Keywords: along the Gulf Coast. initiative Growing the Gulf, chemical and liquefied natural gas plants, create petroleum product for export, expand its manufacturing, expansion program, export capacity over ten years, Exxon Mobil Corp., on refineries, plans to spend a total of USD twenty billion, proposed new and existing facilities

Exxon Mobil Corp., plans to spend a total of $20 billion to expand its manufacturing and export capacity over 10 years on refineries, chemical and liquefied natural gas plants along the Gulf Coast. Investments began in 2013 and are expected to continue through at least 2022.

The company’s initiative, ‘Growing the Gulf’, expansion program consists of 11 major chemical, refining, lubricant and liquefied natural gas projects at proposed new and existing facilities along the Texas and Louisiana coasts.

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