April 24, 2014 1:27 PM 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...

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: 61
President
Age: 63
President of ExxonMobil Refining & Amp
Age: 65
Senior Vice President and Treasurer
Age: 65
Vice President of Adhesion Industry Global Business Unit
Age: 48
Compensation as of Fiscal Year 2013.

ExxonMobil Chemical Company Key Developments

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.

US ExxonMobil Chemical Reports Valve Failure, Shutdown at Texas Cracker

US ExxonMobil Chemical reported a shutdown at its Baytown cracker in Texas on May 16, 2013. The company announced a bleeder valve failure led to emissions, which led to the shutdown of compressors in order to flare the material. The filing added that the leak was isolated and the unit was stabilised. The company announced it expects minimal impact to production and that it will be able to meet its contractual agreements.

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Recent Private Companies Transactions

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Merger/Acquisition
January 16, 2014
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