21-06-2022
ExxonMobil advancing Singapore resid upgrade project
ExxonMobil said today that it has made a final investment decision on a multi-billion dollar expansion of its integrated manufacturing complex in Singapore to convert fuel oil and other bottom-of-the-barrel crude products into higher-value lube base stocks and distillates.
The expansion project is part of the company’s plan to further enhance the competitiveness of the Singapore facility, which includes the world’s only steam cracker capable of cracking crude oil. The project, which leverages proprietary technologies, integration and scale, will significantly increase site downstream and chemical earnings potential. Engineering, procurement and construction activities have begun, and startup is anticipated in 2023.
“The demand for high-quality fuels and lubricants will increase as the global economy expands,” said Bryan Milton, president of ExxonMobil Fuels & Lubricants Company. “By using a combination of proprietary catalyst and process technologies, we will increase the site’s competitiveness and help meet growing demand for high-performance lubricants and cleaner fuels.”
The investment will add 20,000 barrels per day of ExxonMobil Group II base stocks capacity, which includes EHCTM 50 and EHCTM 120 grades, in addition to a new high-viscosity Group II base stock to meet increasing demand in the Asia-Pacific region.
“The project also applies new chemicals technologies and leverages integration across the crude cracker and refining complex to further enhance the competitiveness of crude cracking,” said Karen McKee, president of ExxonMobil Chemical Company.
The expansion will add the capacity to increase production of cleaner fuels with lower-sulfur content by 48,000 barrels per day, including high-quality ExxonMobil Marine fuels to enable customers to meet the International Maritime Organization’s 0.50 percent sulfur requirement.
The project represents the latest and most significant in a series of recent ExxonMobil investments in base stock production. Recent ExxonMobil EHCTM Group II base stock investments include a 2015 expansion in Singapore and the startup of a world-scale, enhanced hydrocracker unit in Rotterdam in 2018.
News Category:
-
Maximizing Performance in Oil & Gas with Real-Time Analytics
(Webinar) - In an industry shaped by fluctuating market conditions and tight operational margins, oil & gas producers are increasingly relying on data-driven strategies ...
11-06-2025
-
Unlocking the potential of waste for advanced conversion pathways
(Webinar) - This session offers a detailed exploration of HTW® gasification technology, a proven solution for converting diverse feedstocks into clean syngas, which ...
05-06-2025
-
Zeopore fulfilling first customer orders
Zeopore, a leading innovator in zeolite enhancement technologies for high catalytic performance, proudly announces that its recently commissioned semi-industrial production ...
08-05-2025
-
Messe Frankfurt and DECHEMA team up for new ACHEMA Middle East
DECHEMA, which organises the ACHEMA, the leading trade show for the global process industry, launches ACHEMA Middle East in Saudi Arabia together with Messe Frankfurt. ...
06-05-2025
-
ABS and Akselos complete technical assessment for structural digital twin technology
ABS, a global leader in providing classification services for marine and offshore assets, with Akselos S.A., a global leader in structural performance management software; ...
06-05-2025
-
Sunoco LP and Parkland Corporation announced today that they have entered into a definitive agreement whereby Sunoco will acquire all outstanding shares of Parkland in ...
05-05-2025
-
Mission-critical flow control solutions from Valmet provides next level reliability
Industry-giant Valmet boasts an impressive array of topbrand automated on-off valves, control valves and controllers that are renowned for delivering longterm reliability ...
03-05-2025
-
MAIRE announces major contract wins
MAIRE announces that its subsidiaries TECNIMONT and KT-Kinetics Technology, also thanks to the technological and engineering services provided by NEXTCHEM, have been ...
29-04-2025
-
Borouge to boost production capacity
Borouge Plc, a leading petrochemicals company that provides innovative and differentiated polyolefins solutions, has today announced a series of strategic asset expansion ...
28-04-2025
-
Wanhua Chemical signs JV agreement with Petrochemical Industries Company
On April 25, Wanhua Chemical formally signed a joint venture agreement with Petrochemical Industries Company. Under the terms of the agreement, PIC invested USD ...
27-04-2025