Houston— ExxonMobil plans to invest $20-billion, as part of its Growing the Gulf initiative, to expand its manufacturing capacity along the U.S. Gulf Coast, announced ExxonMobil Chairman and Chief Executive Darren Woods during a keynote speech at the CERAWeek 2017 conference. The investments, which began in 2013 and are expected to continue through at least 2022, consist of 11 major chemical, refining, lubricant and liquefied natural gas projects at proposed and existing sites along the Texas and Louisiana coast, Woods noted.
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