27 March 2017
DETAILS
- Capacity expansions underway
at world-scale petrochemical facilities in
Antwerp, Belgium;
Baytown, Texas; and
Jurong Island, Singapore - Expansions to provide higher volumes of
the ExxsolTM series of differentiated fluids - Full capacity expected to be online by early 2019
a division of Exxon Mobil Corporation,
announced today that it is expanding
the capacity of its global hydrocarbon fluid assets
by more than 250,000 tons per year
at its world-scale petrochemical sites in
* Antwerp, Belgium;
* Baytown, Texas; and
* Jurong Island, Singapore.
The capacity expansions will help the company
produce higher volumes of
its ExxsolTM series of differentiated fluids,
as well as
a broader portfolio of hydrocarbon fluids
such as Isopar™ and Solvesso™.
Demand for hydrocarbon fluids is increasing globally
due to
* strong growth in the industrial sector,
* coupled with the need to comply
with health, safety and environmental regulations
such as the Globally Harmonized System
of Classification and Labeling of Chemicals.
The latest capacity expansions
follow a series of investments made by
ExxonMobil Chemical in Europe and Singapore
over the past two years, including
* the startup of an Isopar production unit
at its petrochemical complex in Fawley, UK.
According to Joshi, more than 60 percent
of the additional hydrocarbon fluid capacity
is already online, with the remaining amount
expected by early 2019.
ExxonMobil Chemical offers
a broad portfolio of differentiated hydrocarbon fluids
specifically designed for a wide range of applications
including
* drilling mud oil, mining, agricultural chemicals,
* metal working, polymerization process,
* water treatment, adhesives, coatings
* and reprographics.
Prasanna Joshi,
Global Fluids Marketing Manager
at ExxonMobil Chemical Company
“As a leading global supplier of petrochemical products,
ExxonMobil Chemical is committed to meeting
the growing global demand
for high-performance modern hydrocarbon fluids,"
“We understand the strategic importance
of developing differentiated products
that both provide our customers
with customized solutions
to meet their application needs,
as well as maximize shareholder value.”
“We are especially proud that
we have been able to leverage our integrated,
world-class fluids manufacturing capabilities
to carry out these expansions,”
“We are capitalizing on our global resources
to better serve the needs of our customers
– reliably and efficiently.”
Contact:
Media Line: (832) 625-4000
WWW.CHEMWINFO.COM BY KHUN PHICHAI