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Exxon is considering selling plants in the uk and belgium, the people said The company owns an ethylene plant in the scottish town of fife, as well as several production sites in belgium. Exxon is considering selling or shutting its chemical plants in belgium and the uk as eu tariffs, regulation, and chinese competition squeeze profitability. The following slide deck was published by exxon mobil corporation in conjunction with this event.
Exxon mobil is acquiring assets to produce synthetic graphite for ev batteries, targeting commercial output by decade's end, building on its lithium initiatives to diversify from oil amid surging ev demand This move aims to reduce china dependence and leverage u.s Incentives, though challenges like costs and environmental impacts remain.