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Basic Plastics is the largest, responsible for 22.5% of sales, followed by Performance Products (20.9%), Performance Systems (12.4%), Health and Agricultural Sciences (10.2%), Hydrocarbons and Energy (9.6%), Electronic and Specialty Chemicals (9.4%), Coatings and Infrastructure (8.9%), and Basic Chemicals (5.3%).
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It had the good fortune over the past year of seeing the price of ethylene, a basic component for plastics that is derived from oil and natural gas, rise 35% to 55 cents a pound.
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The Midland, Michigan-based company still gets 40% of its revenues from basic commodity chemicals and plastics.
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Exxon Mobil is a major manufacturer and marketer of basic petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products.
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They also want to introduce a basic code of conduct in the Himalayas, banning firewood for fuel and the use of plastics.
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