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Saudi Arabia’s petrochemical company SABIC and U.S. oil and gas corporation ExxonMobil agreed to proceed with the construction of a chemical facility and a 1.8 million metric ton ethane steam cracker in San Patricio County, Texas. The project will create 6,000 jobs during construction and 600 permanent jobs. The economic output will exceed $50 billion during first six years.

ExxonMobil and Saudi SABIC to Build Petrochemical Project in Texas

Saudi Arabia’s petrochemical company SABIC and U.S. oil and gas corporation ExxonMobil agreed to proceed with the construction of a chemical facility and a 1.8 million metric ton ethane steam cracker in San Patricio County, Texas.

The project will create 6,000 jobs during construction and 600 permanent jobs. The economic output will exceed $50 billion during first six years.

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