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ExxonMobil and SABIC have created a joint venture called Gulf Coast Growth Ventures, LLC to advance construction of a plastics manufacturing facility in San Patricio County, Texas. The abundance of low cost U.S. natural gas provides a unique opportunity to build this multi-billion dollar facility. ExxonMobil and SABIC bring unmatched expertise to this project, having worked together in petrochemical ventures for more than 35 years.