Mitsubishi Heavy Industries Ltd. has received an order to build production lines for high-performance polyethylene for U.S. oil giant Exxon Mobil Corp. The value of the contract was not released. The deal is a sign of growing opportunities for Japanese companies to win orders amid increased investments in the petrochemical business field following an increase in shale gas production. According to Exxon Mobil, the two production lines will be installed at a polyethylene plant that will be built in line with the construction of an Exxon Mobil ethylene plant in Texas. The ethylene plant will have an annual output capacity of 1.5 million tons.
23-Jun-14 
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