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ExxonMobil acquires Lion Copolymer plant in Baton Rouge

by ChemOrbis Editorial Team -
  • 23/08/2017 (16:07)
According to media sources, ExxonMobil has acquired the Lion Copolymer Services facility neighboring its Baton Rouge chemical plant in Louisiana for $5.6 million. The plant was formerly purchased by Lion Copolymer from East West Copolymer in May.

According ExxonMobil’s spokeswoman, the company will not continue current production operations at the plant while also adding that there are no immediate plans for new project at the facility.

The company is planning to use this site and its land in the long run to help position its assets for potential future investments.
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