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Exxon Mobil starts building $10 billion China petrochemical complex: Xinhua
Xinhua / Reuters ^
| April, 22, 2020
| Chen Aizhu, Louise Heavens
Posted on 04/22/2020 5:17:07 AM PDT by granada
SINGAPORE (Reuters) - Exxon Mobil Corp (XOM.N) kicked off construction on Wednesday of its $10 billion petrochemical complex in south Chinese city Huizhou, state news agency Xinhua reported.
The complex, which consists of a 1.6 million tonnes per year ethylene facility, is one of the few mega petrochemical projects in China wholly owned by a foreign investor.
(Excerpt) Read more at reuters.com ...
TOPICS: News/Current Events
KEYWORDS: china; exxon; exxonmobil; oil
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1
posted on
04/22/2020 5:17:07 AM PDT
by
granada
To: granada
Pay off a few key players, and things get done.
2
posted on
04/22/2020 5:20:11 AM PDT
by
brownsfan
(Behold, the power of government cheese.)
To: granada
THIS, is NOT a safe decision. Wisdom requires more precise actions.
To: granada
Wow, talk about a tin ear. Making sure China has all the oil they need...to compete with us.
My oh my. You chose poorly. Anyone have the medieval movie pick of the guy saying that?
4
posted on
04/22/2020 5:20:45 AM PDT
by
CincyRichieRich
(Be still, and know that I am God...Psalm 46:10)
To: granada
No more Exxon products for me.
Another part of the problem company.
5
posted on
04/22/2020 5:21:51 AM PDT
by
LastDayz
(A blunt and brazen Texan. I will not be assimilated.)
To: granada
Sounds like an excellent target opportunity.
To: granada
Well, like someone said on here, the company is private and can make it's own decisions. Something about Trump asking an oil company to wind down operations in Venezuela. I agree with that, but got flamed by Uncle_Sham here:
Click here for Uncle Sham's point of view at Post # 11.
7
posted on
04/22/2020 5:24:55 AM PDT
by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: CincyRichieRich
That’s Indiana Jones and the last crusade.
8
posted on
04/22/2020 5:25:57 AM PDT
by
EvilCapitalist
(Pets are no substitute for children.)
To: CincyRichieRich
“ExxonMobil Chairman and CEO Darren Woods in Dallas said via video link that the project reflects China’s growing commitment to foreign direct investment and fostering innovation.”
9
posted on
04/22/2020 5:27:04 AM PDT
by
granada
To: rovenstinez
"（China) creates an environment that enables ExxonMobil to continue our strategic long-term investments," ExxonMobil Chairman and CEO Darren Woods in Dallas said via video link......"
10
posted on
04/22/2020 5:32:12 AM PDT
by
granada
To: granada
11
posted on
04/22/2020 5:34:47 AM PDT
by
yldstrk
(Bingo! We have a winner!)
To: CincyRichieRich
It is a chem plant, not a refinery.
12
posted on
04/22/2020 5:38:53 AM PDT
by
eastforker
(All in, I'm all Trump,what you got!)
To: granada
Exxon recently “gave” a refinery to the People’s Republic of Venezuela.
They will not have to give this one to China.
Instead, the CPC will just steal Exxon’s technology and build Chinese imitations.
To: LastDayz
I haven’t been to an Exxon or Mobil, or ExxonMobil station, in many, many years. That won’t change.
14
posted on
04/22/2020 5:47:05 AM PDT
by
Carriage Hill
(A society grows great when old men plant trees, in whose shade they know they will never sit.)
To: zeestephen
Correct - this is what the CCP is up to. And if there is an accident - they will demand XOM payup bigtime
Exxon recently “gave” a refinery to the People’s Republic of Venezuela.
They will not have to give this one to China.
Instead, the CPC will just steal Exxon’s technology and build Chinese imitations.
15
posted on
04/22/2020 5:50:18 AM PDT
by
bob_esb
To: eastforker
It is a chem plant, not a refinery.
We are at war; comments still stand. China should be left alone until they have a new government.
16
posted on
04/22/2020 5:50:42 AM PDT
by
CincyRichieRich
(Be still, and know that I am God...Psalm 46:10)
To: MeneMeneTekelUpharsin
All well and good.
However, if there are economic sanctions against the country they chose to make products in; they should not expect to be exempt from said sanctions. Additionally, if the venture fails, they should not be bailed out with American tax dollars.
17
posted on
04/22/2020 5:52:06 AM PDT
by
yuleeyahoo
(The nation which can prefer disgrace to danger is prepared for a master and deserves one. Hamilton)
To: granada
Sounds like this guy has been in a coma for three months.
18
posted on
04/22/2020 5:52:11 AM PDT
by
MayflowerMadam
( For God hath not given us the spirit of fear; but of power, and of love, and of a SOUND MIND.)
To: granada
Trump tweet in 3.2.1. Bye bye Exxon / Mobile tax breaks
19
posted on
04/22/2020 5:54:31 AM PDT
by
DAC21
( and Naflet had demint)
To: granada
My family held XOM stock for as long as I can remember, but I sold the last of mine a while back, saw the writing on the wall
20
posted on
04/22/2020 5:58:37 AM PDT
by
HangnJudge
(China Lied, People died, Never Forget, this Decade's 9-11)
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