The new facility is located in Texas, US, and will produce materials used in packaging, agricultural film, construction materials, clothing, and automotive coolants.
ExxonMobil has announced its ambition to achieve net zero greenhouse gas emissions for operated assets by 2050, backed by roadmaps for major facilities.
ExxonMobil is expanding its interests in biofuels, acquiring a 49.9% stake in Biojet AS, a Norwegian biofuels company.
The companies have agreed to work together to deploy advanced satellite technology and proprietary data processing platforms to detect methane emissions.
ExxonMobil has acquired California-based Materia, Inc. – developer of technology for manufacturing a class of materials that can be used in a number of applications.
ExxonMobil has finalised its corporate plans, which increase spending on GHG emission-reduction projects to US$15 billion over the next six years.
Worley has announced plans to ramp up construction of the offsites and utilities that are part of the ExxonMobil Baytown chemical expansion project.
Viridos has signed a joint development agreement with ExxonMobil in a bid to commercialise its low-carbon intensity biofuels.
The Beaumont refinery in Texas, US, is starting up after a shutdown prompted by severe cold weather.