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Chemical
CHEMICAL STATISTICAL RECAP 2012 2011 2010 2009 2008
Earnings (millions of dollars) 3,898
4,383 4,913
2,309
2,957
Prime product sales(1) (thousands of tonnes) 24,157
25,006 25,891
24,825
24,982
Average capital employed(1) (millions of dollars) 20,148
19,798 18,680
16,560
14,525
Return on average capital employed(1) (percent) 19.3
22.1 26.3
13.9
20.4
Capital expenditures(1) (millions of dollars) 1,418
1,450 2,215
3,148
2,819
(1) See Frequently Used Terms on pages 44 and 45.
ExxonMobil Chemical has highly competitive assets,
proprietary technologies, and a unique and balanced
global business portfolio. Additionally, integration with
ExxonMobil’s Downstream and Upstream businesses is a
key differentiator that allows us to consistently outperform
competition, as demonstrated by our 2012 results.
RESULTS & HIGHLIGHTS
Industry-leading safety performance, including an exemplary record at our Singapore Chemical Expansion project
Earnings of $3.9 billion, supported by strong and growing premium product contributions, Middle East assets,
and North America feed flexibility, allowing capture of low-cost feed and energy benefits
Return on average capital employed of 19.3 percent, averaging 23 percent over the last 10 years and outperforming
competition throughout the business cycle
Prime product sales of 24.2 million tonnes, including record sales of metallocene products that provide value-added
performance advantages in target applications
Capital expenditures of $1.4 billion, with selective investments in specialty business growth, advantaged feeds,
high-return efficiency projects, and low-cost debottlenecks
Completed construction of our Singapore Chemical Expansion project, the largest integrated complex in the
ExxonMobil circuit
Approved construction of a 400,000-tonnes-per-year specialty elastomers plant in Saudi Arabia, with our joint
venture partner, to supply a broad range of synthetic rubber and related products to meet growing demand in the
Middle East and Asia
Filed permit applications for a major expansion at our Texas facilities, including a new world-scale ethane cracker
and polyethylene trains to meet rapidly growing global demand for premium polymers
STRATEGIES
• Consistently deliver best-in-class
operational performance
• Focus on businesses that capitalize
on core competencies
• Build proprietary technology positions
• Capture full benefits of integration
across ExxonMobil operations
• Selectively invest in advantaged projects
34 EXXONMOBIL 2012 SUMMARY ANNUAL REPORT