SABIC / ExxonMobil joint venture

2/5/2018
Joint venture

Announced

2/5/2018


Overview:

  • SABIC and ExxonMobil have formed a joint venture.
  • Aim of the venture will be advancing the development of the Gulf Coast Growth Ventures project - a 1.8 million tonne ethane cracker currently planned for construction.
  • Construction is planned to be completed in 2021-2022.

Katrin Kostadinova - Data analyst

Jurisdiction:

United States

Deal type:

Joint venture

Practice area:

M&A

Governing law:

United States

Industry sector:

Industrials and manufacturing


Firm:

Party: Sabic (Joint venture partner)