Exxon Mobil Starts New Unit to Increase Ultra-Low Sulfur Fuels Production
September 26 2018 - 9:49AM
Dow Jones News
By Chris Wack
Exxon Mobil (XOM) said Wednesday that a new unit at its
integrated Beaumont, Texas, facility has started operations,
increasing production of ultra-low sulfur fuels by about 45,000
barrels a day.
According to the international oil and gas company, the new unit
relies on a catalyst system to remove sulfur and meet U.S.
Environmental Protection Agency specifications while minimizing
octane loss.
"Our latest investment in Beaumont will produce cleaner,
higher-value products using unique and efficient proprietary
catalysts and processes," said Bryan W. Milton, president of Exxon
Mobil Fuels & Lubricants Co.
The company also is expanding its polyethylene manufacturing
capacity by 650,000 tons a year by 2019 and is proceeding with
front-end engineering, design and other preparatory work to further
increase the refinery's crude refining capacity. Construction of
the new crude unit, which is subject to a final investment
decision, is scheduled to begin in 2019, with startup anticipated
by 2022.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
September 26, 2018 09:34 ET (13:34 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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