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Thursday, 13 July 2017, 12:16 HKT/SGT
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Source: Mitsubishi Heavy Industries, Ltd.
MHI Completes Large-scale 2-Train Polyethylene Plant in Mont Belvieu, Texas, for ExxonMobil Chemical Company
- New Plant has Capacity to Produce 1.3 Million Tons of Polyethylene Per Year -

TOKYO, July 13, 2017 - (JCN Newswire) - Mitsubishi Heavy Industries America, Inc. (MHIA), a fully owned subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI), has completed the construction of a large-scale two-train polyethylene plant in the U.S. The construction order was placed in 2014 by ExxonMobil Chemical Company, an affiliate of Exxon Mobil Corporation specializing in petrochemical products.

The plant will be able to produce 1.3 million tons of polyethylene per year and is situated near an existing plant operated by ExxonMobil in Mont Belvieu, Texas. It is equipped to perform reaction processing, final finishing, packaging, and shipment.

Mitsubishi Heavy Industries America, Inc. (MHIA), a fully owned subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI), has completed the construction of a large-scale two-train polyethylene plant in the U.S. The construction order was placed in 2014 by ExxonMobil Chemical Company, an affiliate of Exxon Mobil Corporation specializing in petrochemical products.

The plant will be able to produce 1.3 million tons of polyethylene per year and is situated near an existing plant operated by ExxonMobil in Mont Belvieu, Texas. It is equipped to perform reaction processing, final finishing, packaging, and shipment.

Commenting on the completion of the new plant's construction, Yoichiro Ban, Senior Vice President of MHI, noted, "We are delighted that the plant has been completed smoothly, on schedule and with an excellent safety record. The construction process of the new plant is testament to the high level of project management provided by MHI Group."

MHI Group is also constructing a large-scale polyethylene plant at ExxonMobil's petrochemical complex in Beaumont, Texas, representing the third polyethylene plant project conducted by MHI Group for ExxonMobil. The first polyethylene plant was installed at ExxonMobil's Singapore complex in 2011.

The U.S. is currently experiencing a buoyant market for chemical plants, driven by expanding production of shale gas. In April 2016, MHIA relocated its headquarters from New York to Houston, where many chemical plant-related customers are concentrated. In January 2017, MHIA also established a new Oil & Gas Division to oversee business development in this field. Through these activities, MHI will continue to strengthen its relationship with its customers as it moves steadily forward in developing the North American market for chemical plants.Commenting on the completion of the new plant's construction, Yoichiro Ban, Senior Vice President of MHI, noted, "We are delighted that the plant has been completed smoothly, on schedule and with an excellent safety record. The construction process of the new plant is testament to the high level of project management provided by MHI Group."

MHI Group is also constructing a large-scale polyethylene plant at ExxonMobil's petrochemical complex in Beaumont, Texas, representing the third polyethylene plant project conducted by MHI Group for ExxonMobil. The first polyethylene plant was installed at ExxonMobil's Singapore complex in 2011.

The U.S. is currently experiencing a buoyant market for chemical plants, driven by expanding production of shale gas. In April 2016, MHIA relocated its headquarters from New York to Houston, where many chemical plant-related customers are concentrated. In January 2017, MHIA also established a new Oil & Gas Division to oversee business development in this field. Through these activities, MHI will continue to strengthen its relationship with its customers as it moves steadily forward in developing the North American market for chemical plants.


About Mitsubishi Heavy Industries, Ltd.

Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, is one of the world's leading industrial firms with 80,000 group employees and annual consolidated revenues of around 38 billion U.S. dollars. For more than 130 years, the company has channeled big thinking into innovative and integrated solutions that move the world forward. MHI owns a unique business portfolio covering land, sea, sky and even space. MHI delivers innovative and integrated solutions across a wide range of industries from commercial aviation and transportation to power plants and gas turbines, and from machinery and infrastructure to integrated defense and space systems.
For more information, please visit the MHI Group website: http://www.mhi-global.com.
For Technology, Trends and Tangents, visit MHI's new online media SPECTRA: http://spectra.mhi.com.

Contact:
Joseph Hood, PR Manager
Mitsubishi Heavy Industries, Ltd.
Email: mhi-pr@mhi.co.jp
Tel: +81-(0)3-6716-2168
Fax: +81-(0)3-6716-5860



July 13, 2017 12:16 HKT/SGT
Source: Mitsubishi Heavy Industries, Ltd.

Topic: Press release summary
Sectors: Energy
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