USA: Hydrocarbon Fluids Exxon Mobil Chemical Announces Expansion of Hydrocarbon Fluids Production Capacity
Exxon Mobil Chemical Company, a division of Exxon Mobil Corporation, announced 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.
Houston/USA — The capacity expansions aims at producing higher volumes of the company's Exxsol series of differentiated fluids, as well as a broader portfolio of hydrocarbon fluids such as Isopar and Solvesso.
The latest capacity expansions follow a series of investments made by the division 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 % of the additional hydrocarbon fluid capacity is already online, with the remaining amount expected by early 2019.
“We are especially proud that we have been able to leverage our integrated, world-class fluids manufacturing capabilities to carry out these expansions,” Prasanna Joshi, global fluids marketing manager at Exxon Mobil Chemical Company said. “We are capitalizing on our global resources to better serve the needs of our customers – reliably and efficiently.”