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26-07-2016

ExxonMobil to expand ultra-low sulfur fuels production at Beaumont refinery

ExxonMobil today announced plans to increase production of ultra-low sulfur fuels  at its Beaumont refinery by approximately 40,000 barrels per day,  further strengthening its integrated downstream portfolio while meeting  environmental standards.

Construction is scheduled during the second half of 2016 to install a  selective cat naphtha hydrofining unit, which uses a proprietary  catalyst system to remove sulfur while minimizing octane loss. Startup  of the flexible technology, known as SCANfining, is expected in 2018.  Gasoline produced using this technology will meet the U.S. Environmental  Protection Agency’s Tier 3 gasoline sulfur specifications.

“ExxonMobil continues to strengthen its portfolio of world-class  refining assets,” said Steve Cope, director of North America refining,  for ExxonMobil. “This investment further enhances the competitiveness of  our U.S. Gulf Coast refineries.”

Installation of the selective cat naphtha hydrofining unit is the  facility’s second expansion project in a year, following the  announcement of the Beaumont refinery’s capacity expansion in 2015, and  demonstrates ExxonMobil’s long-term view and disciplined approach toward  advantaged business investments. Beaumont is well positioned to  competitively supply high-demand growth markets around the U.S. in the  face of a challenging industry environment.

“This specialized unit will improve our product yield, and demonstrates  our technology advantage and focus on increasing energy efficiency,”  said Fernando Salazar, manager of the Beaumont refinery. “This project  represents the largest capital investment in our Beaumont refinery  operations in more than a decade, and will benefit the local economy  with both temporary and full-time jobs.”

For more information, please visit www.corporate.exxonmobil.com

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26-07-2016