Exxon investing $100 million in facility to produce cleaning alcohol for chip industry

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HOUSTON : Exxon Mobil said on Wednesday it will spend $100 million to upgrade its Baton Rouge, Louisiana, chemical plant to produce a highly pure form of isopropyl alcohol that is used in the tech industry to clean and process microchips.

"It will create production at scale and allow us to support the fabs that are under construction in the U.S.," he said.

Exxon Mobil signage is displayed at the JEC World Composites Show at the Villepinte Exhibition Center, near Paris, France, March 4, 2025.

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Category: EconomyBusiness

Markets: SingaporeFranceJapanTaiwan

Topics: Isopropyl Pure Tech Upgrade 2025 Alcohol Chemical Plant Companies Mobil Exxon

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-26 @ 22:09:05 (3 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 302 words

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News ID: 27354028

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