January 17, 2017 8:03 AM ET


Company Overview of ExxonMobil Chemical Company, Inc.

Company Overview

ExxonMobil Chemical Company, Inc. produces and supplies petrochemical products for customers in the United States and internationally. It offers polymers, such as polyethylene, polypropylene, butyl polymers, polymer modifiers, specialty elastomers, and tackifying resins; chemicals and fluids that include hydrocarbon and oxygenated fluids, plasticizers, synthetic fluids and lubricant base stocks, and chemical intermediates; and technology licensing services and catalysts. The company serves adhesive, agriculture, automotive, building and construction, consumer product, healthcare and medical, industrial application, label, lubricant, nonwoven, and packaging industries. ExxonMobil Chemical Com...

22777 Springwoods Village Parkway

Spring, TX 77389-1425

United States

Founded in 1966





Key Executives for ExxonMobil Chemical Company, Inc.

Chairman and Chief Executive Officer
Age: 64
Age: 54
Senior Vice President
Vice president
Age: 58
Vice President of Butyl Polymers Global Business
Compensation as of Fiscal Year 2016.

ExxonMobil Chemical Company, Inc. Key Developments

ExxonMobil Expands New Exceed XP Performance Polymers Porfolio

ExxonMobil announced that it is expanding its Exceed™ XP "when eXtreme Performance matters" portfolio with the introduction of new grades at its K2016 pavilion (FG04) in Dusseldorf, Germany, from 19-26 October. These new grades deliver exceptional performance advantages for resin converters and end-users in applications that include films for soft-shrink and food lamination packaging and greenhouses. These grades, Exceed XP 6026 and Exceed XP 6056, provide outstanding processability with enhanced toughness, flex-crack resistance, sealability, balanced shrink performance, and good optical properties. For converters, the high melt strength of these polymers promotes greater bubble stability and improved output. Exceed XP allows converters to cost-effectively fabricate films for extreme protection and preservation in a range of applications that include: Soft-shrink packaging film with the controlled holding force and toughness for high integrity wrap, overwrap and bundle packaging solutions that help brand owners protect delicate and irregularly-shaped products from manufacturer to end-use. This includes food products like pizza, meat and cheese; delicate products including bathroom and kitchen tissues; and, irregularly-shaped products such as office supplies, stationery items, and air filters. Using Exceed XP, converters can enhance their business through new opportunities, more stable operations, and simplified formulations. They can use existing extrusion equipment, including monolayer lines, for a market which previously required investment in new machinery; Food packaging films, including pouches and bags with the extreme toughness and sealing performance that enable brand owners to protect frozen or dry foods, meat and cheese products from production to consumption. The melt strength and toughness of Exceed XP provide film downgauging opportunities while performance is maintained. The performance and processing capabilities of these Exceed XP grades allow converters to simplify product inventories, which can lower costs; Greenhouse and large tunnel filmswith the toughness and strength to help farmers protect and grow their fruits, vegetables and flowers throughout the year. Exceed XP allows converters to easily fabricate films which are typically 80-220 microns thick and up to 20 meters wide. They can withstand the rigors of installation and varied environmental conditions including harsh weather over time. Ethylene-vinyl acetate (EVA) and non-EVA film formulations can be easily tailored for seasonal requirements and for special applications and climate conditions.

ExxonMobil Chemical Co. Expects Closing of its Akron Offices on South Main Street by the End of the Year 2015

ExxonMobil Chemical Co. announced that it anticipates closing its Akron offices on South Main Street by the end of the year 2015, with fewer than 50 people to lose their jobs. The company announced the expansion of the Houston campus in 2012 and said that people would begin moving there in phases starting in 2014. The company announced in its 2012 announcement that it would be closing its Akron operations in 2015.

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