ExxonMobil exec: China represents significant market opportunity

ExxonMobil's final investment (in the Greater Bay Area) decision represents an important step in advancing the Huizhou chemical project and signifies the strategic importance of China to ExxonMobil as a long-term strategic growth platform.

ExxonMobil's development goals fit with China's overall development plan, and we are willing to use world-class technology to participate in China's manufacturing sector making sustainable high-performance products to help meet the increasing demands of our customers here in China.

China represents a significant market opportunity with 50 percent of global polyolefin growth in the next decade. We look forward to progressing in this exciting project as we work to build a competitive growth platform in Dayawan.

We believe the project will contribute to Dayawan's efforts in building a world-class petrochemical industrial base in support of a world-class cluster for the advanced manufacturing industry in the Guangdong-Hong Kong-Macao Greater Bay Area.