Growing the Gulf
ExxonMobil’s new projects along the Gulf Coast are expected to create tens of thousands of jobs in America as we invest more than $20 billion over 10 years to build and expand manufacturing facilities in the region.
Projects in Texas and Louisiana
Capitalizing on new, abundant domestic energy supplies, ExxonMobil is strategically investing in refining and chemical-manufacturing projects in the U.S. Gulf Coast region. Our initiative, which began in 2013 and is expected to continue through at least 2022, covers more than a dozen major chemical, refining, lubricant and liquefied natural gas projects.
In addition to creating many high-skilled, high-paying jobs and expanded manufacturing capabilities, the initiative will dramatically increase ExxonMobil’s export capacity. According to the American Chemistry Council, U.S. chemical exports are expected to increase on average 7 percent per year through 2023.
These projects are export machines, generating products that high-growth nations need to support larger populations with higher standards of living. Those overseas markets are the motivation behind our investments. The supply is here; the demand is there. We want to keep connecting those dots.
All articles about growing the Gulf
News News releases • Jan. 20, 2022
Natural gas Energy Factor • July 24, 2019
News News releases • July 24, 2019
Growing the Gulf Energy Factor • May 2, 2019
News News releases • May 2, 2019