GCGV LAUNCHES LOCAL BUSINESS INITIATIVE

PORTLAND, TX – Gulf Coast Growth Ventures (GCGV) today announced the launch of the Local Business Initiative, a program designed to connect local businesses with opportunities created by the proposed GCGV plastics manufacturing plant. The initiative, a facet of GCGV’s Good Neighbor Program, affords local businesses the opportunity to get “pre-screened” to compete for work.

“Our project provides exciting possibilities with job creation, economic growth, and billions of dollars in business activity,” said John Mabry, GCGV Operations Manager.  “Through our Local Business Initiative, we are fulfilling our commitment to help local businesses be part of it. Once pre-screened, local businesses will be able to compete for opportunities with our prime contractors.”

Interested businesses should visit www.GulfCoastGV.com/localbusiness-initiative for details on beginning the application process.

“I am thrilled that the Gulf Coast Growth Ventures project is making local businesses a priority,” said Ann Fierova, Director of Small Business Development Center at Del Mar College. “Connecting local businesses with work prospects associated with this project is what dreams are made of for small businesses! We are thankful to be part of the partnership for this innovative approach to engaging the local business community.”

Foster Edwards, Executive Director of the San Patricio EDC said, “This is exactly what San Patricio County needs. In recent years, our county has been dealt several difficult circumstances that has resulted in higher unemployment rates. I am glad to see GCGV focus on local businesses – especially those in this county.”

Businesses that submit complete applications by June 30, 2017 will be considered for placement on the Pre-Screened Local Vendor List, which will be provided to the project’s Engineering, Procurement and Construction contractors as they pre-qualify contractors, vendors and service providers for the competitive bid lists. Applicants are encouraged to initiate the process well in advance of the June 30, 2017 deadline to ensure timely completion.

GCGV has hired Veriforce, an expert in contractor screening, to facilitate the application process. A Veriforce representative will work with each applicant to provide guidance and assist with completing the application. GCGV will cover Veriforce application fees incurred by eligible Nueces and San Patricio County applicants. Businesses in Refugio, Aransas, Bee, Live Oak, Jim Wells, and Kleberg counties are also encouraged to apply, but are responsible for application fees.

The Good Neighbor Program includes initiatives for businesses, job seekers and others in the community. Additional opportunities will be launched in the coming months.

GCGV is a project proposed by ExxonMobil and SABIC to build a plastics manufacturing plant in the Gregory-Portland area. The multi-billion dollar proposed investment would create thousands of jobs and stimulate economic growth in the region. The project is expected to have 6,000 jobs at peak construction and, once operational, over 600 permanent jobs with an average salary of $90,000 per year.

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About ExxonMobil Chemical Company

ExxonMobil Chemical Company is one of the largest petrochemical companies worldwide. The company holds leadership positions in some of the largest-volume and highest-growth commodity petrochemical products in the world. ExxonMobil Chemical Company has manufacturing capacity in every major region of the world, serving large and growing markets. More than 90 percent of the Company’s chemical capacity is integrated with large refineries or natural gas processing plants. To learn more, visit http://www.exxonmobilchemical.com.

About SABIC

SABIC ranks among the world’s top petrochemical companies, and is among the world’s market leaders in the production of polyethylene, polypropylene, advanced thermoplastics, glycols, methanol and fertilizers. SABIC manufactures on a global scale in Saudi Arabia, the Americas, Europe and Asia Pacific. The company operates in  more than 50 countries across the world with 40,000 employees worldwide. To learn more, visit www.sabic.com.

CAUTIONARY STATEMENT:

Statements of future events or conditions in this release are forward-looking statements.  Actual future results, including project plans, schedules, and outcomes and future market positioning could differ materially due to changes in market conditions affecting the oil, gas and petrochemical industries or long-term price levels for oil, gas, refined products and petrochemicals; political or regulatory developments, including the granting of required permits and any changes in environmental laws; the occurrence and duration of economic recessions; the actions of competitors; technical or operating factors; the outcome of commercial negotiations; and other factors discussed under the heading “Factors Affecting Future Results” in the Investors section of our website (www.exxonmobil.com) and in Item 1A of our most recent Form 10-K.

 

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