Exxon to invest $20 billion on U.S. Gulf Coast refining projects

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ExxonMobil (XOM) to Invest $20B to Expand Manufacturing in U.S. Gulf

March 6, 2017 3:11 PM EST

Exxon Mobil Corporation (NYSE: XOM) is expanding its manufacturing capacity along the U.S. Gulf Coast through planned investments of $20 billion over a 10-year period to take advantage of the American energy revolution, Darren Woods, chairman and chief executive officer, said Monday.

The projects, at 11... More