MOSCOW (MRC) -- ExxonMobil has released the final election results of the 2021 Annual Meeting of Shareholders as confirmed by the independent election inspector, as per the company's press release.
The ExxonMobil board of directors will consist of Michael Angelakis, Susan Avery, Angela Braly, Ursula Burns, Kenneth Frazier, Gregory Goff, Kaisa Hietala, Joseph Hooley, Steve Kandarian, Alexander Karsner, Jeffrey Ubben and Darren Woods. Douglas Oberhelman, Sam Palmisano and Wan Zulkiflee will be departing the board.
“Our board looks forward to continuing to work in the best interest of all shareholders,” said Darren Woods, chairman and chief executive officer. “We welcome our new members and thank our three departing directors for their valuable contributions to the company. Doug and Sam provided guidance and shared their experience with the board over many years. While his time with us was brief, we thank Wan Zul and appreciate his input as we positioned the company to increase shareholder value and participate in the energy transition.”
As MRC informed previously, earlier this month, Gov. John Bel Edwards and ExxonMobil Baton Rouge Refinery Manager David Oldreive announced the company’s final investment decision for more than USD240 million in capital improvements at the ExxonMobil Baton Rouge Refinery.
Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 744,130 tonnes in the first four month of 2021, up by 4% year on year. Shipments of all PE grades increased. At the same time, PP deliveries to the Russian market were 523,900 tonnes in January-April 2021, up by 55% year on year. Supply of homopolymer PP and PP block copolymers increased, whereas shipments of PP random copolymers decreased.
ExxonMobil is the largest non-government owned company in the energy industry and produces about 3% of the world's oil and about 2% of the world's energy.
MRC