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MOBIL Chemical Company was established in 1960. As of 1999, principal products included basic olefins and aromatics and polyethylene.The company produced synthetic lube base stocks as well as lube additives. Manufacturing facilities were located in 10 countries. EXXON Chemical Company became a worldwide organization in 1965 and in 1999 was a major producer and marketer of olefins, aromatics, polytheylene and polypropylene along with speciality lines such as elastomers, plasticizers, solvents, process fluids, oxo alcohols and adhesive resins.
The two chemical companies combined to form ExxonMobil Chemical Company with worldwide headquarters in Houston, Texas.
Exxon was established as an uncontested trademark throughout the United States. In other parts of the world, Exxon and its affiliated companies continued to use its long-time Esso trademark. ExxonMobil Today
In 1998, Exxon and Mobil merged toform a new company called Exxon Mobil Corporation.
A number of lawsuits were brought against the Exxon corporation and its subsiduries relating to the disaster involving the release of crude oil from the tanker Exxon Valdez in 1989.