Exxon Mobil announced the expansion of its Singapore refinery with the aim of increasing the production of the company’s Group II base stocks. Construction is expected to begin during the second quarter of 2017 with completion anticipated in 2019.
London/UK — The expansion project represents the latest in a series of recent investments in base stock production, including a previous expansion of capacity at the Singapore refinery in 2014, a recently commissioned project at the company's integrated facility in Baytown, Texas, and introduction of Group II base stocks into European markets ahead of the anticipated completion of the new Rotterdam hydrocracker unit in 2018.
The EHC type of base stock, which is produced at the Singapore site, has been designed to maximize the performance of automotive engine oil and to enhance the performance of finished lubricants used in multiple industries, the company claims.
“Our latest investment affirms our confidence in Singapore, where we have a strong manufacturing base and operate Exxon Mobil’s largest integrated refining and petrochemical complex,” said Gan Seow Kee, chairman and managing director of Exxon Mobil Asia Pacific. “We continue to invest in our Singapore facility to improve supply to customers and the competitiveness of our manufacturing assets, all with a focus on long-term business growth in Asia Pacific.”
Work also continues on a previously announced cogeneration project at the Singapore refinery, expected to be completed by the end of 2017.