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ExxonMobil, Formosa Shut Plants in Texas Due to Extreme Cold Weather

Jan 26, 2026

ExxonMobil and Formosa halted Texas operations amid extreme cold, prompting unit closures at ExxonMobil's Baytown facility and driving methanol prices up on supply concerns.

ExxonMobil, Formosa Shut Plants in Texas Due to Extreme Cold Weather

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