Beaumont sees ripples of revitalization

Bobby Patel, a small-business magnate in Beaumont, Texas, can put a specific price tag on his optimism for his hometown.

“I am investing $2.5 million in the next five years,” he said in an interview at his Kampus Korner café on the campus of Lamar University. “Everyone’s investing money.”

That sense of optimism and entrepreneurship is growing in step with revitalization efforts in this southeast Texas city, where the petrochemical and refining industry continues rolling out billion-dollar expansion projects to facilities that spot the landscape.

ExxonMobil and SABIC select San Patricio County for proposed petrochemical project

ExxonMobil Chemical Company and SABIC each announced the selection of a site in San Patricio County, Texas for potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast.