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Union, company meet over Exxon Mobil refinery lockout in Beaumont

July 14/2021

MOSCOW (MRC) --  Union and company negotiators met to discuss the lockout of workers at Exxon Mobil Corps (XOM.N) Beaumont, Texas refinery, spokespeople for both sides said, as per Reuters.

Exxon and United Steelworkers union (USW) representatives agreed to meet again next week, said Hoot Landry, international staff representative for the union, as the lockout of 650 workers reached nine weeks. "We continue to meet and bargain in good faith, said Exxon spokeswoman Julie King. Our current offer remains available for a vote by the membership."

Exxon locked out the workers represented by USW 12-243 on May 1, citing the risk of a strike. Exxon has said the proposal would give it 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 companys 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.
Author:Anna Larionova
Tags:petroleum products, crude oil, PP, PE, neftegaz, petrochemistry, Exxon Mobil, USA.
Category:General News
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