News Archive
Exxon consolidates Proxxima operations in Baytown, continues growth
February 13, 2025 - Spring-based Exxon Mobil Corp. (NYSE: XOM) is consolidating and growing its Proxxima technology at its massive Baytown Complex.After acquiring California-based Materia Inc., which was Exxon’s Nobel Prize-winning partner in developing the Proxxima polyolefin thermoset resin systems, in 2021, Exxon has spent the past year moving its...
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ONEOK, MPLX partner to build LPG export terminal in Texas
February 3, 2025 - ONEOK, Inc. and MPLX LP have entered into definitive agreements to form joint ventures to construct a new large-scale 400,000-barrel per day (bpd) liquefied petroleum gas (LPG) export terminal in Texas City, Texas, and a new 24-inch pipeline from ONEOK's Mont Belvieu, Texas, storage facility to...
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ExxonMobil’s hydrogen burner a breakthrough
January 26, 2025 - ExxonMobil’s Baytown Olefins Plant (BOP) has been conducting commercial testing since December of what it calls next-generation burners that can operate on up to 100% hydrogen fuel, the company stated in a news release.“We’ve reached another milestone in our mission to help reduce emissions...
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Germany-based freight co. signs 47-acre truck terminal lease in Baytown
January 21, 2025 - A 164,640-square-foot truck terminal in Baytown has secured a tenant.Deugro (USA) Inc., the American arm of Germany-based freight forwarding company Deugro, signed a five-year lease for the 47-acre property at 2828 FM 1405 in the massive TGS Cedar Port Industrial Park on Jan. 2, according to Dayton Street Partners.Partners Real Estate...
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Sumika - CHIPS for America
January 15, 2025 - On January 16, 2025, the U.S. Department of Commerce and Sumika signed a non-binding preliminary memorandum of terms (PMT) to provide up to $52.1 million in proposed direct funding under the CHIPS and Science Act. The proposed investment would support the construction of a greenfield factory in Baytown, Texas. The proposed...
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Year in Review: 2024 was a great year for local industry
December 25, 2024 - ExxonMobil, the oil and gas giant with over a century of roots in Baytown, kept the scribes busy in 2024 trying to keep up with its latest announcements.Advanced recycling, carbon capture and storage, clean hydrogen production, even power plants for data centers made headlines for the company with Humble (Oil)...
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ExxonMobil to expand advanced recycling capacity
November 20, 2024 - SPRING, Texas – ExxonMobil (NYSE: XOM) plans to invest more than $200 million to expand its advanced recycling operations at its sites in Baytown and Beaumont, Texas. The new operations are expected to start up in 2026 and can help increase advanced recycling rates and divert plastic from landfills....
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Council: $75M to finance Project Vector venue
November 20, 2024 - Baytown city council has declared that it will use the $75 million provided by ExxonMobil to design, construct, acquire, purchase equipment and improve a multi-purpose venue as part of Project Vector. Economic Development Manager Brian Moran said council’s approval was the first step of the process of potentially...
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Ikea warehouses in massive Baytown industrial park sell to Atlanta-based company
October 14, 2024 - Two Ikea-occupied warehouses in Baytown have a new owner.Atlanta-based real estate investment company MDH Partners acquired Cedar Port Ikea, a two-building, 996,482-square-foot industrial distribution center at 4762 and 4830 Borusan Road in the massive TGS Cedar Port Industrial Park near the Port of Houston.Houston-based Clay Development & Construction built the...
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Demolished Baytown Mall Rising Again as Mixed-Use Project
October 8, 2024 - Fidelis Realty Partners has broken ground on a project to redevelop the San Jacinto Mall. It was razed two years ago. To be called the San Jacinto Marketplace, the 105-acre mixed-use development at Interstate 10 and Garth Road will include a 550,000-square-foot shopping center with open green space, 10 anchor...
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