Exxon-Saudi petrochem plant eyes area near Corpus Christi – Houston Business Journal

A small town near Corpus Christi is pushing back against plans to build a petrochemical plant near the city.Portland city officials have opposed the construction of an ethylene plant by Irving-based Exxon Mobil Corp. (NYSE: XOM) and Saudi Basic Industries Corp. due to safety issues, according to the San Antonio Express-News. Both companies have ties to the Houston area — SABIC recently relocated its its regional headquarters for the Americas to the Bayou City and Exxon Mobil has a massive campus in north Houston.

Source: Exxon-Saudi petrochem plant eyes area near Corpus Christi – Houston Business Journal

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