EXXON EXPANDS IN CHEMICALS
Exxon Chemical Co. is pressing its petrochemical expansion program in Europe. The company confirmed plans for expansion of its Notre-Dame-de-Gravenchon, France, steam cracker to 400,000 metric tons/year from 315,000 tons/year. Propylene capacity at the complex will rise by 50,000 tons/year to 270,000 tons/year. The company also plans to build a 140,000 ton/year polypropylene plant at the complex using feedstock from the cracker. Total spending at the site will be about $200 million.