Pubblicato in: Devoluzione socialismo, Economia e Produzione Industriale, Materie Prime, Stati Uniti

Exxon Mobil Corp e la Cina. Notizia non economica bensì politica.

Giuseppe Sandro Mela.

2020-04-28.

Exxon Mobil 001

La Exxon Mobil è una società multinazionale: nel 2018 aveva una revenue di 279.3 miliardi Usd, un total assets di 346.2 miliardi, un net income di 20.84 miliardi e 71,000 dipendenti. È uno stato dentro uno stato, ma i suoi orizzonti spaziano su tutto il mondo: la sua politica economica si esprime a livello mondiale, e non necessariamente coincide con quella degli Stati Uniti, ove la holding risiede. Mr Darren Woods, il boss, ha un potere da far invidia a molti capi di grandi stati, e non ha le pastoie di una opposizione interna, almeno per il momento [vedere nota in fondo].

Orbene, proprio mentre negli Stati Uniti ed in tutto il mondo occidentalizzato sta crescendo una rancore contro la Cina, cui si imputa una gestione troppo spigliata dell’epidemia da coronavirus ma, soprattutto, di patrocinare i propri interessi, Mr Woods sta dando inizio ad una grande operazione strategica proprio in Cina. Almeno ufficialmente, senza aver detto nulla a nessuno, alla chetichella.

E la cosa non sarebbe venuta fuori se non ne avesse dato l’annuncio Xinhua, agenzia ufficiale del Governo cinese.

«Multinational oil and gas corporation ExxonMobil Wednesday broke ground on its solely-funded chemical complex in Huizhou, southern China’s Guangdong Province»

«The complex, with a total investment of about 10 billion U.S. dollars, will be built in two phases»

«The first phase with a 1.6 million tonne-per-year ethylene cracker and down-stream production equipment is scheduled to be completed by 2023 when construction on the second phase will begin»

«An annual operating income of 39 billion yuan (5.5 billion U.S. dollars) and 7.3 billion yuan of taxes will be expected when the first phase reaches designed capacity»

«China is a long-term strategic development platform of ExxonMobil, and the groundbreaking is a milestone in the implementation of the megaproject»

«It took only about 18 months for such a mammoth project to kick off, which demonstrated high efficiency on the part of China»

«The first phase of the Huizhou project with an initial investment of 34.3 billion yuan involves an ethylene unit and middle and downstream polyethylene and polypropylene plants. A variety of chemical products to be produced are widely used in industries and daily life»

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In condizioni normali, e con altri partner, questa operazione avrebbe potuto sembrare essere del tutto normale.

Ma di questi tempi certo non lo è: contrasta platealmente le direttive del Congresso e, parzialmente, della White House.

Si deve quindi prendere atto che la Exxon Mobil Corp si è resa politicamente indipendente. [Nota in fondo]

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Exxon Mobil starts building $10 billion China petrochemical complex: Xinhua

Exxon Mobil Corp (XOM.N) kicked off construction on Wednesday of its $10 billion petrochemical complex in south Chinese city Huizhou, state news agency Xinhua reported.

The complex, which consists of a 1.6 million tonnes per year ethylene facility, is one of the few mega petrochemical projects in China wholly owned by a foreign investor.

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Xinhua. ExxonMobil breaks ground on multibillion-dollar chemical complex in China

Multinational oil and gas corporation ExxonMobil Wednesday broke ground on its solely-funded chemical complex in Huizhou, southern China’s Guangdong Province.

Due to the COVID-19 pandemic, a special “cloud ceremony” was held online with video connections linking the Huizhou Dayawan Petrochemical Industrial Park, and places in Beijing and Dallas.

The complex, with a total investment of about 10 billion U.S. dollars, will be built in two phases. The first phase with a 1.6 million tonne-per-year ethylene cracker and down-stream production equipment is scheduled to be completed by 2023 when construction on the second phase will begin.

An annual operating income of 39 billion yuan (5.5 billion U.S. dollars) and 7.3 billion yuan of taxes will be expected when the first phase reaches designed capacity.

ExxonMobil Chairman and CEO Darren Woods in Dallas said via video link that the project reflects China’s growing commitment to foreign direct investment and fostering innovation.

Infrastructure and public facilities built at the national, regional and local levels provide critical support while the new laws and regulations further improve China’s economic competitiveness, he added.

“All of this creates an environment that enables ExxonMobil to continue our strategic long-term investments,” the chairman said.

China is a long-term strategic development platform of ExxonMobil, and the groundbreaking is a milestone in the implementation of the megaproject, said Fernando Vallina, chairman of ExxonMobil (China) Investment Co., Ltd.

Ma Xingrui, governor of Guangdong, said local governments have effectively overcome difficulties brought by the epidemic to complete preparatory works including project approval and sea reclamation.

It took only about 18 months for such a mammoth project to kick off, which demonstrated high efficiency on the part of China, Ma said at the ceremony.

The provincial government said it will do whatever it can to make sure the chemical complex goes into operation by 2023.

POST-EPIDEMIC OPPORTUNITY

As the COVID-19 epidemic wanes in China, the resumption of work and production has been accelerated. The operation of foreign-owned companies in China also began to gain momentum as foreign investors’ confidence rose and a batch of projects landed.

The coastal city of Huizhou neighbors Shenzhen, China’s innovation hub and Dongguan, known as “the world’s factory”. Inside the city’s Dayawan Petrochemical Industrial Park are clustered petrochemical giants such as Shell, BASF, Clariant, Mitsubishi and LG.

In the meantime, ExxonMobil’s footprint is also expanding in the world’s largest petrochemical market. Over the past half-century, its business in China has stretched to various fields of the energy industry, with production bases built in Fujian, Tianjin and Jiangsu, and a major technology center in Shanghai.

The first phase of the Huizhou project with an initial investment of 34.3 billion yuan involves an ethylene unit and middle and downstream polyethylene and polypropylene plants. A variety of chemical products to be produced are widely used in industries and daily life.

Local suppliers and workers will be employed at the preparatory and construction stages, which is also an important contribution to China’s development, according to Fernando Vallina.

Construction on the central control office building, temporary and supporting facilities has begun this month, and is expected to be completed by September.

The concept of mutual benefit and win-win cooperation is and will be observed throughout the whole process, said Lin Nianxiu, deputy head with the National Development and Reform Commission.

“It is not only conducive to promoting the upgrading of China’s petrochemical industry and boosting regional economic development, but also good for ExxonMobil to share China’s development opportunities,” Lin said. Enditem

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NOTA.

Perché la Chiesa inglese sbuffa contro i vertici di Exxon.

Due quinti degli investitori della Exxon Mobil hanno appoggiato le richieste della Chiesa d’Inghilterra di far nominare ai vertice della compagnia petrolifera un presidente indipendente dopo le critiche rivolte alla compagnia per le sue posizioni sul cambiamento climatico.

Secondo quanto riferisce The Times, la Chiesa inglese ha guidato la rivolta contro il governo societario della più grande compagnia petrolifera quotata al mondo dopo il tentativo di Exxon di bloccare il suo impegno a far votare gli azionisti su una proposta che costringeva la compagnia stessa a fissare obiettivi di riduzione delle emissioni. Alla riunione annuale della Exxon a Dallas, Edward Mason, capo responsible investment presso i Church Commissioners, il fondo di dotazione della chiesa inglese, ha riferito che i progressi per far sì che l’azienda si impegnasse di più nel cambiamento climatico erano stati “dolorosamente lenti”, in contrasto con l’impegno di successo della BP.

Il movimento che chiede la separazione dei ruoli di amministratore delegato e presidente – entrambi detenuti attualmente da Darren Woods – è stato sostenuto dal 40,8 per cento degli azionisti che hanno votato rispetto al 38,7 per cento dell’anno precedente. Mason ha ammesso che la cifra riflette la “misura della profonda insoddisfazione degli investitori”. Una seconda mozione, sostenuta dalla Chiesa, che richiedeva una maggiore trasparenza sulle differenze, le competenze e l’esperienza dei membri del consiglio di amministrazione della Exxon, è stata sostenuta invece da quasi il 30 per cento degli azionisti.