ExxonMobil expands Singapore refinery

ExxonMobil expands Singapore refinery

ExxonMobil (NYSE:XOM) has announced it will expand its Singapore refinery, which produces fuels, lubricant basestock and chemical feedstock base oils,  along with industrial and automotive lubricants.

The development will strengthen production of the oil major’s EHC group II base stocks, with construction expected to begin in the second quarter of 2017 and completion set for 2019.

ExxonMobil markets the produce from the refinery within Singapore and to other countries within the Asia-Pacific region.

“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.

The Singapore expansion is one of a series of investments that have been made by ExxonMobil in base stock production, including a recently commissioned project at the company’s major integrated facility in Baytown, Texas.

Group II base stocks are also being introduced into European markets, as the Rotterdam hydrocracker unit nears completion next year.

Work also continues on a cogeneration project at the Singapore refinery, which currently has a combined nameplate capacity of about 592,000 barrels per day.

@RGNonline