MOSCOW (MRC) -- No new proposals for ending a two-month lockout of 650 United Steelworkers union members from ExxonMobil's Beaumont, Texas refinery were made during a meeting, said union and company spokespeople, said Hydrocarbonprocessing.
The lead negotiators for both sides met last week, but no proposals were exchanged, the spokespeople said. Exxon locked out the workers on May 1 citing the risk of a strike. The USW has said the company’s last proposal requires its members to give up long-standing seniority and would create a separate contract for workers in a lube oil plant from that for workers in the refinery.
Exxon has said the proposal would give it the flexibility to be profitable in even low-margin environments.
As MRC informed previously, Gov. John Bel Edwards and ExxonMobil Baton Rouge Refinery Manager David Oldreive have announced the company’s final investment decision for more than USD240 million in capital improvements at the ExxonMobil Baton Rouge Refinery.
Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 744,130 tonnes in the first four month of 2021, up by 4% year on year. Shipments of all PE grades increased. At the same time, PP deliveries to the Russian market were 523,900 tonnes in January-April 2021, up by 55% year on year. Supply of homopolymer PP and PP block copolymers increased, whereas shipments of PP random copolymers decreased.
ExxonMobil is the largest non-government owned company in the energy industry and produces about 3% of the world's oil and about 2% of the world's energy.
MRC