# ExxonMobil and SABIC open $7 billion plastics facility in Texas

ExxonMobil and SABIC's Gulf Coast Growth Ventures facility in Portland, Texas, is now fully operational. The $7 billion plant produces polyethylene and mono-ethylene glycol, with a capacity of 1.3 million tons per year of polyethylene and 1.1 million tons per year of mono-ethylene glycol.

- Type: New facility
- Announced: 2022-01-21
- Where: Portland, Texas, United States
- Value: $7.00B
- Starts operating: 21 Jan 2022
- Status: completed
- Capacity: 1.3 million tons per year of polyethylene, 1.1 million tons per year of mono-ethylene glycol
- Products: polyethylene, mono-ethylene glycol
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [ExxonMobil](https://endata.com/companies/1345.md) (partner)
- [SABIC](https://endata.com/companies/3200.md) (partner)

## Sources

- [kiiitv.com](https://www.kiiitv.com/article/news/local/exxon-sabics-new-7-billion-plastics-facility/503-a7f82e1c-ae71-4d45-8294-315d37a3e3cf), 2022-01-21: "Really a great sense of accomplishment and pride by our workforce."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.