Recently, Jeff Woodbury, vice president of investor relations at ExxonMobil, said on Friday that an ExxonMobil company’s new 1.5 million-ton/year ethane cracking unit in Bay City, Texas, is planned to be completed and put into production in the middle of this year. .
Jeff said: 'The completion and commissioning of the device will reduce the raw material cost of the relevant polyethylene (PE) production line completed and put into operation in the fourth quarter of last year, thereby enhancing the degree of integration.'
ExxonMobil has recently opened two PE production lines at the plastics plant in Mont Belvieu, Texas, with a PE capacity of 650,000 tons per year per production line.
The two PE production lines were completed in May last year and the first production line was put into operation last October. The current two production lines are in production.
The new cracker was previously planned to be completed and put into operation by the end of 2017 to supply raw materials for the new PE production line. However, due to the impact of Hurricane Harvey at the end of August last year, it was forced to postpone production.
In early February of this year, ExxonMobil announced that the new cracker has completed the mechanical part and started the trial operation.