Dalian Ligong Safety Equipment Co.,Ltd

Knowledge

Contact Us

Dalian Ligong Safety Equipment Co.,Ltd

ExxonMobil plans to expand PP production capacity in the Gulf of Mexico by 450,000 tons/year

Mar 26, 2018

 The American oil company Exxon Mobil said on March 20th that the company began to carry out detailed engineering design work for the potential project of expanding 450,000 tons/year of PP in the US Gulf of Mexico.


With the drive to expand the company's North American and Asia Pacific chemicals production capacity by 40%, if ExxonMobil continues to push forward projects, the investment is expected to be several hundred million US dollars.


It is expected that the company will make a final investment decision this year and the device will be put into production as early as 2021.


The company said that due to the increase in demand for lightweight plastics and the expected supply of low-cost raw materials in the United States, the company may decide to expand PP production capacity, and the device will mainly serve Asia and other emerging markets.


ExxonMobil president John Verity said, "The abundant supply of domestic oil and natural gas has reduced energy costs and created new sources of raw materials for the US chemical industry. Most of the company's investment plans in the Gulf of Mexico are dedicated to supplying to emerging markets such as Asia. High demand products will ultimately stimulate the growth of the local new economy."


Related Industry Knowledge
Home
About us
Products
Contact Us
Feedback
Products
Bursting Disc Safety Device
Bursting Disc Holder
Safety Valve
Warning Device
News
Basic Definition Of Safety Valve
Anti-arch Belt Type Blasting Piece
Classification Of Bursting Tablets
The Suitable Place Of The...
Contact information

No. 26,Liaohe East Road,Double D Port,Economic and Technological Zone,Dalian,China

Tel: +86-411-66778100

info@duta.com.cn

Copyright © Dalian Ligong Safety Equipment Co.,Ltd All Rights Reserved.