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ExxonMobil pushing for record-breaking projectExxonMobil pushing for record-breaking projecthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=163862017-04-25T05:00:00Z2017-04-25T22:45:00Z

​​​​​SAN PATRICIO COUNTY – Petroleum giant ExxonMobil Corp. plans to build the world's largest ethylene cracker plant.

Exxon and Saudi Arabia Basic Industries Corp, announced their plans to build a $10 billion plant near Portland in the Corpus Christi area.

The 1,300-­acre parcel at Farm ­to­ Market Rd. 2986 and US Hwy. 181 stood out because of the deep-water access and ready ­made pipeline and railway infrastructure.

Upon completion, the plant will be capable of producing 1.8 million tons of ethylene each year.

The project is expected to create 600 permanent full time jobs, and 11,000 jobs during its five-year construction 

In addition more than $50 billion will be injected into the local economy during the first six years of operations.

Exxon plans to file permits with the Texas Commission on Environmental Quality in April 2017 which expects to last at least a year. Construction will run about three years.

San Patricio County Economic profile (*Through November 2016)

  • Population: 67,357'
  • Labor force: 31,726*
  • Unemployment Rate: 7.2 percent
  • Median household income: $52,261
  • Mean travel time to work: 23 minutes

Sources: U.S. Census Bureau, Workforce Solutions of the Coastal Bend​

caller.com
Corpus Christi
Industrial
http://www.caller.com/story/money/business/local/2017/04/19/exxon-mobil-corp-worlds-largest-ethylene-cracker-plant-south-texas/98820232/

​This is a developing story. Check back to Caller.com​ for updates.

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