ExxonMobil Chemical to Build A New Plant in Louisiana to Produce Specialty Compounded Products

ExxonMobil Chemical today announced that the company will build a new facility at its Baton Rouge, Louisiana, complex to produce specialty compounded products. The investment is part of the company's global compounding strategy and commitment to provide engineered thermoplastic materials to the automotive and consumer products industries.

The Baton Rouge plant will have the capability to manufacture a broad spectrum of commercial compounded products including ExxonMobil Chemical's Performance Polyolefin grades (compounded polypropylene), Santoprene(TM) thermoplastic elastomers and other specialty elastomers.

The facility will include a new products center and organization that will fully leverage ExxonMobil's broad range of polymer and compounding technology and work with the company's global technology organization to develop, innovate and rapidly deploy new products to the marketplace.

Construction is expected to begin in October 2006. The new facility is expected to start-up in the second quarter of 2007.

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