Exxon Mobil will build or expand 11 projects along the U.S. Gulf Coast in a $20-billion, 10-year program, Darren Woods, Exxon Mobil Corp.’s chairman and CEO, told the annual CERAWeek energy conference in Houston earlier this month.
Principal sites for expansion will include Exxon’s Baton Rouge Refinery in Louisiana and the Beaumont Area Complex, Baytown Refinery and Golden Pass LNG terminal in Texas. In addition, Exxon Mobil and Saudi Arabia-based chemical manufacturer SABIC are evaluating a joint project to construct a plastics manufacturing plant in Texas or Louisiana.