Exxon Mobil has reported Q2 2025 earnings in its chemical segment of $293 million, up 7 per cent sequentially from $273 million. Higher sales volumes driven by the China Chemical Complex ramp-up offset weaker margins from lower North America feed advantage.

Chemical Products earnings in the first half of 2025 were $566 million, a decrease of $998 million versus the first half of 2024 at 1,564 million. Results were affected by weaker margins and higher project-driven expenses related to the China Chemical Complex, partially offset by structural cost savings.

During Q2 2025, earnings from chemicals in US reported at $255 million remained flat as compared to Q1 2025. However, non-US earnings saw an increase to $38 million in Q2 2025 as compared to $ 18 million in Q1 2025.

“The second quarter, once again, proved the value of our strategy and competitive advantages, which continue to deliver for our shareholders no matter the market conditions or geopolitical developments,” said Darren Woods, ExxonMobil chairman and chief executive officer.