GCGV Project to reopen initiative through end of 2017.
ExxonMobil and SABIC are proposing to build a plastics manufacturing facility in San Patricio County, Texas. The project, Gulf Coast Growth Ventures, is a unique opportunity created by the abundance of low cost U.S. natural gas. ExxonMobil and SABIC bring unmatched expertise to this project, having worked together in petrochemical ventures for more than 35 years.
If the project proceeds, economic forecasts indicate the multi-billion dollar investment would create significant benefits for the state, generating thousands of jobs and stimulating positive economic growth.
indirect and induced jobs in the state
new, permanent jobs with good salaries and benefits
Ethylene from an ethane steam cracker would feed three derivative units. One unit would produce monoethylene glycol, which is used in latex paints, automotive coolants and anti-freeze, or as a building block to create various forms of plastics. Additionally, two polyethylene units would provide polyethylene for use in film, packaging, bottles and containers, and various sized pipes.
Safety and environmental sustainability are of primary importance to ExxonMobil and SABIC, who have industry leading safety and environmental records. Those priorities will be reflected throughout the development, construction and operational phases of the project.
The project is committed to keeping the community informed as it progresses.