Chemicals company to expand U.S. operations amid new regulatory crackdown

Chemical company Exelon Corp. will expand operations in the United States, the company announced on Tuesday.

The move follows a recent regulatory crackdown on the company, which is among several U.K.-based companies facing increased scrutiny in recent months.

Exelon said in a statement that the expansion would add 10,000 jobs in the U.A.E. and expand its distribution network to support customers in more than 40 states.

Excelsior, another U.Y.C.-based chemical company, is also set to open its U.L.N.O. facility in Maryland, where it plans to add 2,000 to 3,000 employees over the next two years, the statement said.

The U.N.-backed group that oversees the world’s chemical supply chains said last month that Exelons and others should take responsibility for ensuring safety and soundness of their facilities.