May 24, 2013 1:43 AM ET

Chemicals

Company Overview of ExxonMobil Chemical Company

Company Overview

ExxonMobil Chemical Company manufactures and markets petrochemical products. It offers chemicals, such as aliphatic fluids, aromatic fluids, olefins, synthetic fluids and lubricants, higher alcohols, plasticizers, oxygenated fluids, neo acids, and polymer modifiers. The company also provides polymers, including butyl polymers, EPDM rubbers, santoprene TPEs, polyethylene, polypropylene, plastomers, hydrocarbon tackifier resins, styrenic block copolymers, and functionalized polymers, as well as specialty elastomers for elastic films and fabrics. In addition, it offers polymer films, such as oriented polypropylene and oriented high density polyethylene films for packaging and labeling. The comp...

Detailed Description

13501 Katy Freeway

Houston, TX 77079-1398

United States

Founded in 1966

Phone:

281-870-6000

Fax:

281-870-6661

Key Executives for ExxonMobil Chemical Company

Chairman and Chief Executive Officer
Age: 60
President
Age: 62
Senior Vice President of Exxon Mobil Corporation
Age: 58
President of ExxonMobil Refining & Amp
Age: 64
Senior Vice President
Age: 55
Compensation as of Fiscal Year 2012.

ExxonMobil Chemical Company Key Developments

Exxonmobil Chemical Company Announces Expansion Plans at Baytown Site

ExxonMobil Chemical Company announced the environmental technology will enable ExxonMobil's planned chemical expansion at Baytown to operate within existing Texas permitted emission limits. The plans include a new multi-billion dollar world-scale steam cracker and expansion of premium polyethylene production at ExxonMobil's Baytown site. The facilities will produce premium polymers incorporating company advances that have reduced film thickness by 2% per year for the last 20 years.

ExxonMobil Chemical Company Plans to Expand a Plant Complex Under Construction in Houston; Plans to Close Akron, Fairfax Facilities

ExxonMobil Chemical Company plans to expand the size of a plant complex under construction in Houston to accommodate the relocation of additional staff, and close the onetime Advanced Elastomer Systems site in Akron. ExxonMobil will close in two states, while others will relocate to the campus from two offices at the firm's Baytown, Texas, refinery complex outside of Houston. The Akron office once was the headquarters of the AES joint venture, and is located in a renovated former B.F. Goodrich building. AES employed 250 at that location when it opened. ExxonMobil also plans to close the Fairfax, Va., offices of ExxonMobil's Refining and Supply Co.; Research and Engineering Co.; and Fuels, Lubricants & Specialties Marketing Co. Employees will begin moving to the multiplant campus-located on 385 acres of company-owned land in Houston-beginning in 2014 and continuing through 2015. ExxonMobil had launched construction of the expansion project in 2011. Early site work includes construction of access roads and bridges, central utilities, computer support, and parking facilities. The campus will have multiple low-rise office buildings, laboratory, and conference and training centers, along with child care, a wellness center and other employee amenities.

ExxonMobil Chemical Company Adds 65 cSt Grade to SpectraSyn Elite mPAO Portfolio

ExxonMobil Chemical Company expanded its SpectraSyn Elite metallocene polyalphaolefin (mPAO) base stock portfolio with the introduction of a 65 cSt grade (at 100[deg]C), providing formulators more flexibility in developing advanced industrial and automotive lubricants. SpectraSyn Elite 65 mPAO is the industry's first 65 cSt mPAO grade and the second grade in the SpectraSyn Elite family, launched in 2010. Samples are immediately available with commercial quantities available for global supply in fourth quarter of 2012. With its improved viscosity index, SpectraSyn Elite 65 provides lubricant manufacturers with greater versatility to achieve low-temperature specifications than they can with a conventional high-viscosity (Hi-Vis) mid-range PAO. SpectraSyn Elite 65 mPAO blends well with conventional PAO products and mineral oil base stocks, providing opportunities to meet specifications over a broader temperature range while reducing traction coefficient for improved energy efficiency.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 26, 2012
ExxonMobil Chemical Company, BOPP Global Film Business
 

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