ExxonMobil starts up new PE unit in Texas
The company’s new PE units are able to produce 650,000/ton of PE each. The new unit is expected to boost the PE capacity of the complex by nearly 1.3 million tons/year in accordance with the company’s capacity expansion plans.
Details about which grades of PE will be produced at the newly started line were not revealed.
Once the second line is also operational, the multi-million project is aimed to increase the plant’s overall capacity to 2.5 million tons/year, making it one of the largest PE plants in the world.
The second unit will reportedly produce HDPE and LLDPE grades upon completion, although it is not clear when the second unit will be started up.
According to the statement, the company is planning to export a significant quantity of PE from its new facility later this month.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Freight rates outlook for 2025: Another rocky year ahead after 2024 turmoil
- Türkiye PP, PE outlook for 2025: Q1 set for a firm footing, eyes on derivatives for a whole year
- Europe PVC outlook for 2025: Supply imbalance threatens price recovery targets
- India PP, PE outlook for 2025: Players eye brighter Q1 despite current bearishness
- Different pricing policies emerge in Europe’s PS, ABS markets in Dec
- Bearishness persists across China, SEA import PE markets as year-end nears
- PLAST EURASIA 2024: Shrinking margins emerge as a key topic among polymer players
- Lower parity, rising freight rates repel European polymer buyers from imports
- Asia’s PVC markets in further disarray as India puts off ADD hearing
- SE Asia’s import LDPE film prices hit over six-month low