ExxonMobil Singapore Refinery to Expand Group II Base Stock Production
February 16 2017 - 2:30AM
Business Wire
- Expansion will strengthen global supply
of high-quality base stocks
- Work to begin during the second quarter
of 2017 with completion expected in 2019
- Investment will enable customers to
blend lubricants that help lower emissions, improve fuel
economy
ExxonMobil announced today the expansion of its Singapore
refinery to support the production of the company’s EHC™ Group II
base stocks, which will strengthen the global supply of these
products and enhance the Singapore facility’s competitiveness.
Construction is expected to begin during the second quarter of 2017
with completion anticipated in 2019.
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ExxonMobil’s Singapore refinery to expand
Group II base stock production, strengthening global supply of
high-quality base stocks. (Photo: Business Wire)
ExxonMobil’s EHC product line has been designed to maximize the
performance of all major automotive engine oil grades and to
enhance the performance of finished lubricants used in multiple
industries.
“Our new investment in Group II base stocks will enable our
customers to blend lubricants that satisfy more stringent
specifications, help reduce emissions, and improve fuel economy and
low-temperature performance,” said Ted Walko, global basestock and
specialties marketing manager. “This project, combined with the
company’s construction of a hydrocracker unit currently under way
in Rotterdam, demonstrates ExxonMobil’s commitment to delivering
value to our customers through industry-leading, globally
consistent base stock quality and supply reliability.”
The expansion project represents the latest in a series of
recent ExxonMobil investments in base stock production, including a
previous expansion of capacity at the Singapore refinery in 2014, a
recently commissioned project at the company’s major integrated
facility in Baytown, Texas, and introduction of Group II base
stocks into European markets ahead of the anticipated completion of
the new Rotterdam hydrocracker unit in 2018.
“Our latest investment affirms our confidence in Singapore,
where we have a strong manufacturing base and operate ExxonMobil’s
largest integrated refining and petrochemical complex,” said Gan
Seow Kee, chairman and managing director of ExxonMobil Asia Pacific
Pte Ltd. “We continue to invest in our Singapore facility to
improve supply to customers and the competitiveness of our
manufacturing assets, all with a focus on long-term business growth
in Asia Pacific.”
Work also continues on a previously announced cogeneration
project at the Singapore refinery, expected to be completed by the
end of 2017, which will improve the facility’s energy efficiency
and reduce emissions.
About ExxonMobil Basestocks
Building on its long tradition of technology leadership with its
CORETM Group I slate ExxonMobil continues to enhance the EHC
product line to enable excellence for its customers. To this end,
ExxonMobil technical experts designed the overall EHC product slate
to meet performance requirements of a wide range of engine oil
grades and other finished lubricant applications. The EHC Group II
slate also allows customers to take advantage of industry base oil
interchange and viscosity grade read-across guidelines to reduce
formulation costs for many engine oil formulations.
For more information about product supply, visit ExxonMobil
Basestocks.
About ExxonMobil in Singapore
ExxonMobil is one of Singapore’s largest foreign manufacturing
investors with over S$20 billion in fixed assets investments. Our
Singapore affiliate, ExxonMobil Asia Pacific Pte Ltd, (EMAPPL) has
manufacturing facilities which include refinery operations in
Jurong and a world-scale petrochemical plant on Jurong Island.
EMAPPL has a network of service stations under the Esso brand and
is a supplier of cylinder cooking gas. EMAPPL also serves the
commercial market with its industrial, aviation and marine fuels
and lubricants. As a corporation, ExxonMobil is committed to
addressing the challenge of sustainability – balancing economic
growth, social development and environmental protection. In line
with those strategies, ExxonMobil and EMAPPL contribute to programs
in Singapore that support the arts and education, the community and
the environment. For more information, visit www.exxonmobil.com.sg
or follow us on Twitter www.twitter.com/exxonmobil_sg.
Cautionary Statement: Statements of
future events or conditions in this release are forward-looking
statements. Actual future results, including project plans,
schedules, and capacities and efficiency and business results,
could differ materially due to factors such as changes in prices of
oil, gas, or petrochemicals and other market factors affecting the
chemical industry and the supply and demand for our products; the
occurrence and duration of economic recessions; timely completion
of construction projects and unforeseen technical or operating
difficulties; legal or regulatory events; the actions of
competitors; and other factors discussed under the heading Factors
Affecting Future Results on the Investors page of our website at
exxonmobil.com.
Nothing in this material is intended to override the corporate
separateness of Exxon Mobil Corporation and its affiliates. A
reference to ExxonMobil may refer to Exxon Mobil Corporation, one
of its divisions or to companies affiliated to Exxon Mobil
Corporation or to any one of the foregoing. The shorter term is
used merely for convenience and simplicity.
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ExxonMobil Asia Pacific Pte Ltd (Singapore)Karen Wong, +65 6885
8275, +65 9652 7198orEsso Petroleum Company, Limited (UK)Richard
Scrase, +44 137 2222261orDownstream Media (US)+1 832-625-4000
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