July 13, 2014 2:01 AM ET

Chemicals

Company Overview of ExxonMobil Chemical Company, Inc.

Company Overview

ExxonMobil Chemical Company, Inc. manufactures and markets petrochemical products. It offers polymers and chemicals that include olefins, aromatics, fluids, synthetic rubber, polyethylene, polypropylene, plasticizers, additives for fuels and lubricants, zeolite catalysts, hydrocarbon and oxygenated fluids, butyl polymers, synthetic fluids and lubricant base stocks, polymer modifiers, chemical intermediates, and specialty elastomers. The company serves clients in adhesives, agriculture, automotive, building and construction, consumer products, healthcare and medical, industrial applications, labels, lubricants, nonwovens, and packaging industries. ExxonMobil Chemical Company, Inc. was formerl...

13501 Katy Freeway

Houston, TX 77079-1398

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: 62
President
Age: 64
President of ExxonMobil Refining & Amp
Age: 66
Senior Vice President and Treasurer
Age: 66
Vice President of Adhesion Industry Global Business Unit
Age: 49
Compensation as of Fiscal Year 2014.

ExxonMobil Chemical Company, Inc. Key Developments

ExxonMobil Chemical Company Begins Multi-Billion Dollar Expansion Project in Baytown, Texas

ExxonMobil Chemical Company announced that it has started construction of a multi-billion dollar ethane cracker at its Baytown, Texas, complex and associated premium product facilities in nearby Mont Belvieu. This project, and major investments ExxonMobil has made to develop oil and natural gas resources in the United States, including the merger with XTO Energy, demonstrates the company's continuing commitment to American economic growth and job creation. ExxonMobil is expanding its Mont Belvieu, Texas polyethylene plant to produce more high performance premium plastics for export to global markets. The steam cracker will have a capacity of up to 1.5 million tons per year and provide ethylene feedstock for downstream chemical processing, including processing at two new 650,000 tons per year high performance polyethylene lines at the company's Mont Belvieu plastics plant.

ExxonMobil Chemical Opens World-Scale Production Plant for Synthetic Base Stocks

ExxonMobil Chemical announced the opening of its world-scale manufacturing facility that will enable the company to produce up to 50,000 tons of SpectraSyn Elite metallocene polyalphaolefin (mPAO) synthetic lubricant base stocks annually at its integrated refining and chemical complex in Baytown, Texas. Developed using a proprietary metallocene catalyst process, SpectraSyn Elite mPAO base stocks are scientifically engineered to offer improved performance characteristics versus conventional PAO base stocks. These attributes include higher viscosity index, improved stability and enhanced low-temperature properties. SpectraSyn Elite mPAO can help formulators manufacture automotive and industrial finished lubricants that offer greater durability, enhanced energy efficiency and extended drain intervals.

ExxonMobil Chemical to Build Butyl Rubber and Hydrocarbon Resin Plants in Singapore

ExxonMobil Chemical announced that it will build facilities to manufacture premium halobutyl rubber and Escorez hydrogenated hydrocarbon resin at its recently expanded petrochemical complex in Singapore. Engineering and procurement activities have begun, with construction expected to begin in the second half of 2014 and completion anticipated in 2017. The company is a major supplier of halobutyl rubber to the global tire industry, and this expansion project will add production capacity of 140,000 tons per year. The hydrogenated hydrocarbon resin production unit will be the large, with a capacity of 90,000 tons per year, to meet long-term demand growth for hot-melt adhesives.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 6, 2014
ExxonMobil Chemical Company, Inc., Compounded PP Products Business
Merger/Acquisition
January 16, 2014
ExxonMobil Chemical Company, 35 Acres Land in Energy Corridor
Bankruptcy
August 4, 2013
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