ExxonMobil Chemical inherits Exxon's Asian expansion plan

ExxonMobil Chemical, a division of the new oil giant ExxonMobil Corp. (see story, p. 26), is in the final stages of an ill-timed Asian petrochemical expansion plan implemented by predecessor Exxon Chemical.Exxon Chemical's strategy was to become the leading player in Asian petrochemicals. The plan was launched not long before a severe economic crisis hit the region in late 1997.Now, the plants are beginning to come on stream just as the region is beginning to emerge from an extended period of economic contraction.By the end of 2000, the new ExxonMobil will have finished four petrochemical projects in Asia and one the Middle East. These include: a $2 billion chemical complex in Singapor...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected