With this massive investment, Exxon Mobil plans to increase its production of ultra-low sulfur diesel by 45 % at the Fawley refinery. Ultra-low sulfur fuels aim at improving air quality when powering the latest technology.
Texas/USA – Exxon Mobil has recently stated that it has made a final investment decision to expand the Fawley refinery in the United Kingdom to increase production of ultra-low sulfur diesel by almost 45 per cent, or 38,000 barrels per day, along with logistics improvements.
“Exxon Mobil continues to invest in the Fawley refinery and chemical plant, Britain’s largest integrated facility,” said Bryan Milton, president of Exxon Mobil Fuels and Lubricants Company. “This investment will make Fawley refinery the most efficient in the United Kingdom, supporting Esso’s industry-leading logistics and fuels marketing operations.”
The investment will help reduce the need to import diesel into the United Kingdom, which imported about half of its supply in 2017.
The more than 1 billion dollar investment includes a hydrotreater unit to remove sulfur from fuel, supported by a hydrogen plant, which combined will also help improve the refinery’s overall energy efficiency. Ultra-low sulfur fuels lead to improved air quality when powering the latest technology engines on tractor-trailers, buses, marine vessels and off-road equipment.
Detailed engineering and design is underway. Construction is scheduled to begin in late 2019, subject to regulatory approval, and startup is expected in 2021. At its peak, building activity will support up to 1,000 construction jobs.
Located on Southampton Water, the Fawley site also has strategic access to distribution logistics across southern England and export access to other markets in Europe and the Atlantic basin.
Alongside recent investments at Exxon Mobil’s refineries on the U.S. Gulf Coast, Rotterdam, Antwerp, and Singapore, the project will contribute to Exxon Mobil’s announced plans to significantly increase the earnings potential of its downstream business by 2025.