ExxonMobil is planning a $1.9 billion expansion at its Baytown petrochemical complex.
The expansion would add a two-unit plastics processing plant on the north side of ExxonMobil’s Baytown complex, according to a tax abatement application. The company said the project — which it says is still being evaluated — would create 25 permanent jobs at a salary of $62,971.
The company expects construction to begin in mid-2021 and would be completed by 2023.
The project was first reported by the Houston Business Journal. ExxonMobil did not immediately comment.
The expansion plans were detailed in an application for Chapter 313 tax exemptions with the Goose Creek Consolidated Independent School District. Chapter 313 tax exemptions can be granted by school districts for qualifying projects.
The proposed expansion would follow ExxonMobil’s recent start up of a multi-billion petrochemical plant at the Baytown complex, which includes a cracker that processes the natural gas liquid ethane into into ethylene, the primary feedstock for most plastics. The expansion increased ethylene production by 1.5 million metric tons a year.
The company also recently completed an expansion at its Mont Belvieu plant, adding 1.3 million tons of production capacity to make polyethylene, the world’s most common plastic.
ExxonMobil is also partnering with Saudi Arabia’s government-owned Saudi Arabia Basic Industries Corp. or SABIC to build a $10 billion chemicals and plastics complex north of Corpus Christi.
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