July 23, 2017 5:54 PM ET

Chemicals

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

Phone:

281-870-6050

Fax:

281-870-6661

Key Executives for ExxonMobil Chemical Company, Inc.

Chairman and Chief Executive Officer
Age: 65
President
Age: 55
Senior Vice President
Vice president
Age: 59
Vice President of Butyl Polymers Global Business
Compensation as of Fiscal Year 2017.

ExxonMobil Chemical Company, Inc. Key Developments

Exxonmobil and SABIC Select San Patricio County for Proposed Petrochemical Project on U.S. Gulf Coast

ExxonMobil Chemical Company and SABIC each announced the selection of a site in San Patricio County, Texas for potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast. The proposed project, one of 11 ExxonMobil announced as part of its 10-year, $20 billion Growing the Gulf initiative is expected to create thousands of jobs during the construction phase, as well as 600 new, full-time jobs and 3,500 indirect jobs during operations. It is also expected to generate more than $22 billion in economic output during the construction phase and more than $50 billion in economic output during the first six years of operations. With site selection completed, ExxonMobil and SABIC will now apply for the necessary air and wastewater permits from the Texas Commission on Environmental Quality. Each company will make a final decision on the investment after the required permits have been granted.

ExxonMobil Chemical Company to Expand its Hydrocarbon Fluid Capacities Across Globe

ExxonMobil Chemical Company is expanding the capacity of its hydrocarbon fluid assets by over 250,000 tonnes/year at its sites in Antwerp, Belgium, Baytown, Texas, and Jurong Island, Singapore. The expansions will aid the company in the production of its Exxsol series of differentiated fluids, as well as a providing a broader portfolio of hydrocarbon fluids, the demand for which has grown in recent years due to strong growth in the industrial sector.

ExxonMobil Adds Tire Testing Capabilities to Shanghai Technology Center

ExxonMobil announced that it has expanded the tire testing capabilities of its Shanghai Technology Center. A new Inflation Pressure Loss Rate (IPLR) test room that evaluates a tire’s air pressure loss rate over time has been added. The new facility, which expands upon the company’s global network of tire technology support centers in Baytown, Texas, and Bangalore, India, will help customers meet rising quality standards in the tire industry. The test room exceeds American Society for Testing and Materials requirements for IPLR testing. It features a combination of 44 passenger car radial and truck and bus radial tire test stations and provides computerized hourly readings using high precision digital transducers and a data logger. It is available for both internal and external research and development projects.

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