MOSCOW (MRC) -- The US Environmental Protection Agency (EPA) has recently issued a final notice of decision for the Prevention of Significant Deterioration (PSD) for greenhouse gas (GHG) construction permit for the ExxonMobil Olefins Plant in Baytown, Texas, as per 4-traders.
The company proposes to construct a new ethylene production unit consisting of eight ethylene cracking furnaces and recovery equipment to produce polymer-grade ethylene.
"We are working to control greenhouse gas emissions and promote clean energy in the new projects coming to communities across Texas," said EPA Regional Administrator Ron Curry. "These projects show that economic development and environmental protection can go hand-in-hand."
On Nov. 25, 2013, EPA issued a final permit to the facility. The permit was appealed to EPA's Environmental Appeals Board, which denied review of the petition on May 14, 2014. On May 14, EPA finalized the permit allowing ExxonMobil to begin construction of the project. The project is part of a multibillion-dollar expansion project in Baytown. It's estimated to create 10,000 construction jobs and 350 permanent jobs.
"ExxonMobil's petrochemical expansion, enabled by growing supplies of shale energy, will create thousands of new jobs and boost the Houston area economy and tax revenues by nearly a billion dollars a year. This export-oriented project is a powerful example of how shale energy can revitalize the U.S. economy in an environmentally responsible manner," said Stephen D. Pryor, president, ExxonMobil Chemical Company.
In June 2010, EPA finalized national GHG regulations, which specify that beginning on January 2, 2011, projects that increase GHG emissions substantially will require an air permit.
As MRC informed previously, in March 2014, ExxonMobil Chemical announced that it will build facilities to manufacture premium halobutyl rubber and Escorez hydrogenated hydrocarbon resin at its recently-expanded petrochemical complex in Singapore. Engineering and procurement activities had already begun, with construction expected to begin in the second half of 2014 and completion anticipated in 2017.
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