Plans advance for $10 billion Exxon plastics plant on the Texas coast
1 May 2025
News
Plans for a large new plastics plant on the Gulf Coast of Texas crept forward on Tuesday evening when officials at a small, rural school district moved to enter into tax break negotiations with ExxonMobil, the project developer.
The Calhoun County Independent School District board voted unanimously at a public hearing to begin developing the terms for an agreement with Exxon on its plan to build a $10 billion complex nearby.
“This is not the final decision tonight,” said Mali Hanley, a consultant for the school district and an attorney with O'Hanlon, Demerath & Castillo, at the hearing. “This is the first step in the process.”
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