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ExxonMobil to sell interest in Esso Thailand IRVING, Texas – ExxonMobil has reached an agreement with Bangchak Corporation to sell its interest in Esso Thailand that includes the Sriracha Refinery, select distribution terminals, and a network of Esso-branded retail stations, delivering on its commitment to strengthen value and overall competitiveness. The transaction will be executed by ExxonMobil’s affiliate, ExxonMobil Asia Holdings Pte. Ltd, which holds 65.99% interest in Esso Thailand.

Newsroom News • Jan. 11, 2023

ExxonMobil starts operations at large-scale advanced recycling facility IRVING, Texas – ExxonMobil today announced successful startup of one of the largest advanced recycling facilities in North America. The facility at the company’s integrated manufacturing complex in Baytown, Texas, uses proprietary technology to break down hard-to-recycle plastics and transform them into raw materials for new products. It is capable of processing more than 80 million pounds of plastic waste per year, supporting a circular economy for post-use plastics and helping divert plastic waste currently sent to landfills.

Newsroom News • Dec. 14, 2022

ExxonMobil announces corporate plan – Company expects to double earnings and cash flow potential by 2027, increases investments in lower-emissions efforts IRVING, TEXAS – ExxonMobil today announced its corporate plan for the next five years, with a sizeable increase in investments aimed at emission reductions and accretive lower-emission initiatives, including its Low Carbon Solutions business. The corporate plan through 2027 maintains annual capital expenditures at $20-$25 billion, while growing lower-emissions investments to approximately $17 billion. This disciplined approach prioritizes high-return, low-cost-of-supply assets in the Upstream and Product Solutions businesses and supports efforts to reduce greenhouse gas emissions intensity from operated assets, as well as those emitted from other companies.

Newsroom News • Dec. 8, 2022

ExxonMobil doubles polypropylene production at Baton Rouge

IRVING, Texas — ExxonMobil today announced the successful startup of its new polypropylene production unit at the Polyolefins Plant in Baton Rouge, Louisiana.

Newsroom News • Dec. 6, 2022

ExxonMobil elects Larry Kellner and John Harris to Board of Directors

IRVING, Texas – Exxon Mobil Corporation said today that Lawrence “Larry” W. Kellner and John D. Harris II have joined its board of directors. Kellner is the former chairman and chief executive officer of Continental Airlines and current chairman of the board for the Boeing Company. Harris is the former chief executive officer of Raytheon International Inc., a wholly owned subsidiary of Raytheon Company, a global engineering and technology company focused on aviation, space and defense.

Newsroom News • Dec. 2, 2022