ExxonMobil Moves Forward With 120,000-Ton-Per-Year Proxxima Expansion in Louisiana
ExxonMobil’s Proxxima polyolefin thermoset resin system, launched in 2023, is being scaled further after an initial phase. The company is moving ahead with a 120,000-ton-per-year expansion of Proxxima blending capacity in Louisiana to support stronger, lighter materials for composites and coatings, and expects Proxxima and other new businesses to contribute substantially to future earnings.