ExxonMobil Expanding New Jersey Research and Engineering Center
October 13 2017 - 9:00AM
Business Wire
- Expansion will improve collaboration
and enhance research and development capabilities
- Focus on accelerating development of
scalable energy solutions with reduced environmental impact
- New facilities include an engine test
center and a lubricant research and development blend plant
ExxonMobil announced today that it has broken ground on the
expansion of its research facility in Clinton, N.J., a key center
of innovation that supports the company’s broad research and
development programs.
This press release features multimedia. View
the full release here:
http://www.businesswire.com/news/home/20171013005066/en/
Vijay Swarup, vice president of research
and development, ExxonMobil Research and Engineering Company, with
Clinton Township Mayor John Higgins during the expansion
groundbreaking. (Photo: Business Wire)
Expansion of the facility, home to ExxonMobil’s fundamental and
process research and development, including advancing algae biofuel
and carbon capture technologies, is expected to be completed in
2019 and will include employees relocating from its research
facility in Paulsboro, N.J.
“The expansion of our New Jersey research and engineering center
will improve collaboration across our organization and enhance our
ability to accelerate breakthroughs in new and emerging
technologies,” said Bruce March, president of ExxonMobil Research
and Engineering Company. “By co-locating our research and
development and products technology organizations in Clinton, we
expect to bring potential new technologies online faster and at the
scale necessary to meet the world’s growing needs for energy.”
ExxonMobil is engaged in a broad range of programs and
partnerships focused on developing scalable, energy solutions to
meet global demand while minimizing environmental impacts and
mitigating the risk of climate change.
“Our research addresses key elements of the dual challenge we
currently face, which means supplying energy for modern life and
improving living standards while minimizing impacts on the
environment, including the risks of climate change,” said Vijay
Swarup, vice president of research and development. “By
consolidating our research capabilities under one roof and fully
leveraging the expertise in all of our departments, we hope to
develop scalable solutions that drive both long-term shareholder
and societal value.”
The expanded facility in Clinton will include a new engine
testing center, a lubricant research and development blend plant,
and enhancements to existing facilities to accommodate employees
relocating from Paulsboro.
ExxonMobil also works with about 80 universities around the
world to explore next-generation energy technologies. The company
collaborates with Energy Centers at Princeton University,
Massachusetts Institute of Technology (MIT), and the University of
Texas at Austin as part of its commitment to finding meaningful and
scalable solutions to meet global energy demand.
About ExxonMobil
ExxonMobil, the largest publicly traded international energy
company, uses technology and innovation to help meet the world’s
growing energy needs. ExxonMobil holds an industry-leading
inventory of resources, is one of the largest refiners and
marketers of petroleum products and its chemical company is one of
the largest in the world. For more information, visit
www.exxonmobil.com or follow us on Twitter
www.twitter.com/exxonmobil.
Cautionary Statement: Statements of future events or
conditions in this release are forward-looking statements. Actual
future results, including project plans and timing and the impact
of new technologies, could differ materially depending on the
outcome of research programs; the development and competitiveness
of alternative technologies; the ability to develop and scale new
technologies on a cost-effective basis; political and regulatory
developments, including changes in environmental laws and
international treaties and accords; and other factors discussed in
this release and under the heading “Factors Affecting Future
Results” on the Investors page of ExxonMobil’s website at
www.exxonmobil.com.
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