American firm ExxonMobil Chemical Co. announced Thursday that its joint venture with Saudi Arabian chemical company SABIC started operations at its new manufacturing facility in San Patricio County, TX. The Gulf Coast Growth Ventures (GCGV) plant in Corpus Christi will supply materials used in packaging, agricultural film, construction materials clothing, and automotive coolants.
“We built this state-of-the-art chemical plant ahead of schedule and below budget, by leveraging our global projects expertise in execution, planning, and delivery, while keeping everyone safe and healthy,” ExxonMobil Chemical President Karen McKee said in a release. “This is a remarkable achievement that positions us well to help meet growing global demand for performance products while providing meaningful investment in the Gulf Coast.”
The location includes a 1.8 million mt/yr ethane steam cracker, two polyethylene units with a combined capacity of 1.3 million mt/yr, and a monoethylene glycol unit that can supply 1.1 milion mt/yr.
“This is a very proud moment for the parent companies,” said Abdulrahman Al-Fageeh, executive vice president, Petrochemicals for SABIC, in a statement. “It was with a great deal of dedication that our teams were able to safely start up each element of the plant before the close of 2021. As we begin this next chapter for GCGV, we look forward to continuing our role as a good neighbor in the Coastal Bend.”
GCGV is the first joint venture between ExxonMobil and SABIC in the Americas. Each firm holds a 50% ownership interest in the entity. The site is operated by ExxonMobil.
Powder & Bulk Solids reported in July 2021 that GCGV mechanically completed a monoethylene glycol unit and two polyethylene units at the site.