April 20, 2017
ExxonMobil Corp. announced it would build the world’s largest ethylene cracker plant in San Patricio County in South Texas. The petroleum giant, along with Saudi Arabia Basic Industries Corp., will place the $10 billion plant on a 1,300-acre parcel at Farm-to-Market Road 2986 and U.S. 181 in Portland, TX, northeast of Corpus Christi.
Company officials had scouted sites in Victoria, TX and Louisiana. Ultimately, the acreage, along with deep-water access and in-place infrastructure attracted the companies. “It has all the elements we wanted to see in a location to build our project,” Gulf Coast Growth Venture’s Robert W. Tully told the Corpus Christi Caller-Times. Tully, whose group is an arm of ExxonMobil, said dirt work could begin as early as fall 2017.
Upon completion, the plant will produce 1.8 million tons of ethylene each year. The project is anticipated to create 600 permanent full-time jobs, and an additional 11,000 jobs during the five-year construction period.
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