Exxon, Saudis pick South Texas site for world’s largest ethylene plant
Petroleum giant Exxon Mobil Corp. says it wants to build the world’s largest ethylene cracker plant in San Patricio County in South Texas.
Exxon, with project partner Saudi Arabia Basic Industries Corp, ended months of speculation by announcing Tuesday it plans to build the $10 billion plant near Portland in the Corpus Christi area.
Other sites in Victoria and two Louisiana parishes were scouted. Company officials said the 1,300-acre parcel at Farm-to-Market Road 2986 and U.S. Highway 181 stood out. Its deep-water access and ready-made pipeline and railway infrastructure were too good to pass up.
Written by Chris Ramirez with the Corpus Christi Caller-Times & DallasNews.com